Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 16, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, is hearing an interlocutory application (IA No. 278/JPR/2026) in the main company petition (CP No. (IB)-87/9/JPR/2020). The matter is an application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016 by Apollo Pipes Ltd., the operational creditor and applicant, against Tonk Water Supply Ltd., the corporate debtor and respondent. The petition is an insolvency application initiated by an operational creditor. The counsel for the applicant, represented by Ms. Mahima Khandelwal (proxy for Mr. Amit Gupta), was present during the hearing conducted via a web-based video conferencing platform.
Final Outcome
The Bench has adjourned the matter to June 24, 2026. The adjournment was granted on the request made by the counsel representing the applicant, Apollo Pipes Ltd. The substantive issues of the insolvency petition were not heard or decided on this date.
Topics: Insolvency Proceeding, NCLT, Operational Debt