*NCLT Admits Reliance Infra Under Insolvency in Solar Power Dispute* The National Company Law Tribunal (NCLT) Mumbai bench has admitted Reliance Infrastructure Ltd—a firm promoted by Anil Ambani—under corporate insolvency resolution process (CIRP) following a default of over ₹88 crore related to a solar energy purchase agreement. Tehseen Fatima Khatri has been appointed as the interim resolution professional (IRP). Key Points: • IDBI Trusteeship Services Ltd filed the application on behalf of operational creditors after Reliance Infra failed to pay dues related to an agreement with Dhursar Solar Power Pvt Ltd (DSPPL). • Reliance Infra claims it already paid ₹92.68 crore, and that the NCLT order has become “infructuous.” • The dispute originates from a 2011 agreement where Reliance Infra agreed to purchase solar energy from DSPPL. • In 2012, the agreement was transferred to IDBI Trusteeship for operational execution. • DSPPL issued 10 invoices in 2017–2018, but Reliance Infra failed to make payments, prompting a demand notice in April 2022 under the Insolvency and Bankruptcy Code. Tribunal Ruling: • The NCLT ruled that operational debt was due and payable, and Reliance Infra was in default. • Reliance Infra countered that the claim was time-barred, as the last invoice was from 2018, and the application was filed in 2022. Conclusion: Despite Reliance Infra’s claim of full payment, the NCLT has allowed the insolvency process to proceed, showing that timely payments and proper documentation are critical, especially in long-term infrastructure agreements. The matter now awaits further proceedings or appeal.