{
  "id": 5139852,
  "title": "Mumbai: NCLT Admits Central Bank’s Insolvency Plea Against Rama Agro Foods Over ₹27.29-Crore Default",
  "url": "https://urgent.news/2026/09/02/mumbai-nclt-admits-central-banks-insolvency-plea-against-rama-agro",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T17:47:21.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/mumbai/mumbai-nclt-admits-central-banks-insolvency-plea-against-rama-agro-foods-over-2729-crore-default"
  },
  "original_language": "en",
  "account": null,
  "summary": "Mumbai, September 2, 2026: The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted a plea filed by Central Bank of India to initiate insolvency proceedings against Pune-based Rama Agro Foods Pvt Ltd, which had stood as a corporate guarantor for a loan extended to a sugar company, Shri Gajanan Maharaj Sugar Limited, Malkapur. Bank Claims Rs 27.29-Crore Default The bank had…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}