NCLT Mumbai Reserves Topworth Pipes Insolvency Order

Authority: National Company Law Tribunal, Mumbai Bench, Court Room No. 1

Order Date: 29.06.2026

Case Overview

The matter pertains to MA 4064/2019 filed within the main insolvency petition C.P.(IB)1239(MB)2018, which was initiated by Bank of Baroda against Topworth Pipes & Tubes Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted before a bench comprising Hon'ble Member (Technical) Sh. Prabhat Kumar and Hon'ble Member (Judicial) Sh. Sushil Mahadeorao Kochey. Multiple respondents were represented during the proceedings, including advocates appearing for various respondent numbers, with several participating via video conference. Written submissions from all parties were filed and placed on record for the tribunal's consideration.

Final Outcome

The tribunal has reserved its orders on MA 4064/2019. The final ruling will be delivered at a later date based on the written submissions and proceedings.

Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt