NCLT Admits Suzlon's Insolvency Petition Against Indo Shell

NCLT Chennai admits Suzlon Global Services' Section 9 IBC petition against Indo Shell Mould for default on operational debt of ₹1.07 crore.
Corporate Debtor admitted principal debt of ₹95.93 lakh but disputed interest; Tribunal upheld contractual interest clause validity.
IRP Rajendran Shanmugam appointed; moratorium imposed under Section 14; operational creditor directed to pay ₹3 lakh to IRP.
Debt arose from O&M services for wind turbines provided from 2016 to 2025, with default occurring on 22 September 2024.