In a recent case, the Mumbai bench of the National Company Law Tribunal ( NCLT ) held that minor clerical mistakes do not affect maintainability of an Insolvency Bankruptcy Code (IBC) petition when the identity of the parties is not in dispute and admitted the petition filed under section 9 of the code, 2016.
The application was filed by Mr. Pramod Anandrao Gawade, Sole Proprietor of M/s Gagandeep Dudh Sankalan Kendra, the Operational Creditor (OC) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC), read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against M/s Kute Sons Dairys Limited,…