Case Details
Case Name: M/S Anjali Capfin Pvt Ltd V/S M/S Primuss Pipes & Tubes Ltd
Court/Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Case Numbers: IA No.152/2025, IA No.56/2026 IN CP (IB) No.7/ALD/2021
Under Section: 7 IBC (Resolution Plan Approved)
Date of Order: 20th May, 2026
Next Hearing Date: 10th July, 2026
Parties Involved
Bench Members:
- Shri Praveen Gupta, Hon'ble Member (Judicial)
- Shri Ashish Verma, Hon'ble Member (Technical)
Counsel Appeared:
- Advs. Ms. Shivratri: For Respondent No.3/NSDL in IA No.152/2024
- For Chairman of the Monitoring Committee, Mr. Sanyam Goel (present in person)
- Sh. Sanjay Goswami, Adv., Sh. Anshit Aggarwal with Sh. Ishan Agrawal, Ms. Asmita Pandey & Sh. Ashutosh Mishra: For Respondent No.1/NSE in IA No.152/2025
- Sh. Abhishek Anand with Sh. Karan Kohli & Ms. Simran Gupta, Advs.
- Sh. Nikhil Mishra, Adv.: For the SEBI
Companies Involved:
- M/S Anjali Capfin Pvt Ltd (Petitioner)
- M/S Primuss Pipes & Tubes Ltd (Respondent)
Proceedings & Current Status
Hearing Details: The matter came for hearing before the Division Bench on 20th May, 2026. Learned Counsel representing the applicant stated that the response from the BSE has been received in this case and the matter requires detailed consideration.
Directions Given: The Tribunal directed that pleadings, if any, be completed on or before the next date of hearing.
Adjournment: The matter has been adjourned for hearing on 10th July, 2026.
Legal Context
The case is filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) and involves a resolution plan that has already been approved. The current applications (IA No.152/2025 and IA No.56/2026) appear to be interlocutory applications in the main insolvency proceeding CP (IB) No.7/ALD/2021.
The involvement of capital market infrastructure institutions (NSDL, NSE, BSE) and SEBI suggests the matter may involve securities-related aspects of the insolvency proceedings, though specific allegations or violations are not detailed in this procedural order.