Instakart Services filed an insolvency petition against Reinvent Agrochain for defaulting on Rs 7.48 crore admitted debt.
Reinvent Agrochain acknowledged liability via email and signed a settlement agreement to pay via instalments.
Three post-dated cheques issued by Reinvent Agrochain were dishonoured due to insufficient funds.
NCLT issued notice to respondent returnable by 29 June 2026 and directed petitioner to file hardcopy.