NCLT Ahmedabad admits Section 9 insolvency petition against Harshil Agrotech Ltd for defaulting on ₹7.53 crore operational debt.
Operational creditor Cultivatrade supplied agricultural produce from Nov-Dec 2025; corporate debtor's quality dispute claims were rejected as unsubstantiated.
Tribunal appointed Neeraj Kumar Bajaj as Interim Resolution Professional and declared moratorium under Section 14 of IBC.
Corporate debtor argued financial constraints and multiple creditors but tribunal found no genuine pre-existing dispute before demand notice.