SACHIN RAJENDRA SINGHVI (APPLICANT) AVS LEGAL, AVS LEGAL vs TOPWORTH INFRA PVT. LTD. AND ANR. — IA/290/2021

Case under Arbitration and Conciliation Act 1996 Section 34. Next hearing: : -.

Next hearing —

CNR: HCBM020009062021

Filing Number

IA/896/2021

Filing Date

11-Jan-2021

Registration No

IA/290/2021

Registration Date

06-Feb-2021

Bench Type

Single

Category

SUITS ( 38 )

Judicial Branch

Original

Last updated 19-Jun-2026

Acts & Sections

Arbitration and Conciliation Act 1996 Section 34

Petitioner(s)

  1. 1.SACHIN RAJENDRA SINGHVI (APPLICANT) AVS LEGAL, AVS LEGAL

Respondent(s)

  1. 1.TOPWORTH INFRA PVT. LTD. AND ANR.

Case History

  1. —

    Next hearingPending

  2. 08-May-2026

    Hon'ble Shri Justice Somasekhar SundaresanView PDF

    Case Summary: IA/290/2021 The Bombay High Court allowed Interim Application No. 290 of 2021 and disposed of the underlying Section 34 Arbitration Petition. Topworth Infra Pvt. Ltd. had deposited Rs. 81,10,925 in court (50% of an arbitral award favoring Orient Builders) as security while challenging the award; Orient withdrew Rs. 40,55,462.50. When Topworth subsequently underwent Corporate Insolvency Resolution Process (CIRP) and completed a resolution plan without including Orient's claim, the court held that the deposited funds constituted assets of the insolvency estate. The court ordered: (1) release of all amounts remaining in court to Topworth with accruals; and (2) Orient to return the withdrawn amount to court within four weeks for transfer to Topworth, as the arbitral award had been extinguished by operation of insolvency law. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 08-May-2026

    Production At 3.00 P.M.

    Hon'ble Shri Justice Somasekhar Sundaresan

  4. 07-May-2026

    Hon'ble Shri Justice Somasekhar SundaresanView PDF

  5. 07-May-2026

    Production At 3.00 P.M.

    Hon'ble Shri Justice Somasekhar Sundaresan

  6. 23-Apr-2026

    Hon'ble Shri Justice Somasekhar SundaresanView PDF

  7. 23-Apr-2026

    At 11.00 A.M.

    Hon'ble Shri Justice Somasekhar Sundaresan

  8. 12-Mar-2026

    First hearing

    Initial hearing scheduled

  9. 07-Mar-2026

    Hon'ble Shri Justice Somasekhar SundaresanView PDF

  10. 25-Feb-2026

    Hon'ble Shri Justice Somasekhar SundaresanView PDF

  11. 11-Jan-2021

    Case filed

    Registration No. IA/290/2021

casestatus.in Summary

Case Summary: IA/290/2021 The Bombay High Court allowed Interim Application No. 290 of 2021 and disposed of the underlying Section 34 Arbitration Petition. Topworth Infra Pvt. Ltd. had deposited Rs. 81,10,925 in court (50% of an arbitral award favoring Orient Builders) as security while challenging the award; Orient withdrew Rs. 40,55,462.50. When Topworth subsequently underwent Corporate Insolvency Resolution Process (CIRP) and completed a resolution plan without including Orient's claim, the court held that the deposited funds constituted assets of the insolvency estate. The court ordered: (1) release of all amounts remaining in court to Topworth with accruals; and (2) Orient to return the withdrawn amount to court within four weeks for transfer to Topworth, as the arbitral award had been extinguished by operation of insolvency law. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

District Courts Supreme Court
Search Another Case