NCLT Ahmedabad admits Section 9 insolvency petition against Harshil Agrotech for defaulting on ₹7.53 crore operational debt to Cultivatrade Enterprise.
Tribunal appoints Neeraj Kumar Bajaj as Interim Resolution Professional and declares moratorium under Section 14 of IBC.
Corporate Debtor's quality dispute defense rejected as unsupported by contemporaneous evidence, deemed a 'moonshine defense'.
Operational Creditor directed to pay ₹3 lakh advance to IRP for CIRP costs, with process commencement effective from 17 April 2026.