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2026 Supreme(Online)(NCLT) 2558

NATIONAL COMPANY LAW TRIBUNAL
Gagan Jhavar Resolution Professional Shreepati Steel Tubes Private Limited VS


Advocates:
For the Petitioner:AYUSHI PATIDAR

PRONOUNCEMENT OF ORDER

Delivered on 06/05/2026

The case is fixed for pronouncement of the order.

The order is pronounced in open Court vide separate sheet.

COMMON ORDER

DATE OF ORDER: 06.05.2026

I. BACKGROUND AND FACTS

1) The present Common Order disposes of two Interlocutory Applications — I.A. (I.B.C)/484(MP)2025 and I.A. (I.B.C)/567(MP)2025— which have been heard together and are being disposed of by this Common Order, as both applications arise from the same set of facts and involve common questions of law pertaining to the Corporate Insolvency Resolution Process ('CIRP') of M/s Shreepati Steel Tubes Private Limited ('Corporate Debtor' or 'CD'), a company incorporated under the Companies Act with CIN No. U27106MP1996PTC011382, having its registered office at 254, Taraganj, A.B. Road, Sarangpur, Madhya Pradesh – 465697.

2) The two applications before this Tribunal are:

a. I.A. (I.B.C)/484(MP)2025 — Filed by the Resolution Professional, Mr. Gagan Jhavar, under Section 12A of the Insolvency and Bankruptcy Code, 2016 ('the Code' or 'IBC') read with Regulation 30A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

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