NCLT Bengaluru Lists UCO Bank Insolvency Petition

Authority: National Company Law Tribunal, Bengaluru Bench

Order Date: 09.06.2026

Case Overview

This is a proceeding under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition has been filed by UCO Bank, Bangalore City Branch, against the corporate debtor, M/s Mathru Buildtech Pvt Ltd. The matter was heard by a bench comprising Judicial Member Shri. Sunil Kumar Aggarwal and Technical Member Shri. Radhakrishna Sreepada. While representation for the petitioner bank was noted as having appeared (though not marked on the attendance sheet), there was no representation for the respondent company.

The tribunal noted that the petitioner had complied with the last order passed in the case. This compliance was recorded via diary number 1876 dated 15.04.2026.

Final Outcome

The bench directed the petitioner to file proof of service of the petition. The matter was adjourned and listed for the next hearing on 03.08.2026. No substantive order on admission or dismissal of the petition was passed in this hearing.

Topics: Insolvency Proceeding, Banking Debt, NCLT Hearing