Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 09/06/2026
Case Overview
The proceedings involve an application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Farmart Service Pvt Ltd (Applicant) against Shubhriddhi Agrifoods Products Pvt Ltd (Respondent). The matter is registered as CP(IB)/51(MP)2025. The bench consisted of Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
During the proceedings, the applicant's counsel, Mr. Gagandeep Mishra (appearing online), submitted that despite sufficient opportunities having been granted, the respondent had failed to file any reply to the application. It was noted that on a previous hearing date, Mr. Rohit Dubey had appeared physically on behalf of the respondent and had sought time to file the reply. However, on the current hearing date (09/06/2026), Mr. Rohit Dubey, counsel for the respondent, submitted that he had "no instructions in the matter."
Final Outcome
The Tribunal closed the right of the respondent to file a reply and proceeded against the respondent ex parte. The matter has been listed for arguments on 04 August 2026.
Topics: Insolvency Proceedings, Corporate Dispute