Case Details
Case Name: M/s. Adib Enterprises vs M/s. Om Shiva Shakti Metals (Formerly known as Om Shiva Shakti Iron Industries)
Court/Authority: National Company Law Tribunal, Hyderabad Bench - 1
Case Number: CP(IB) No. 155/9/HDB/2025
Legal Provision: Section 9 of Insolvency and Bankruptcy Code, 2016
Hearing Date: 20 May 2026
Hearing Time: 12:35 PM
Mode: Virtual Court and Physical (Hybrid) Mode
Parties Involved
Operational Creditor: M/s. Adib Enterprises
Corporate Debtor: M/s. Om Shiva Shakti Metals (Formerly known as Om Shiva Shakti Iron Industries)
Tribunal Composition
Hon'ble Member (Judicial): Sh. Rajeev Bhardwaj
Hon'ble Member (Technical): Sh. Sanjay Puri
Legal Representation
Counsel for Operational Creditor: Mr. Sai Sumed Yasaswi
Counsel for Corporate Debtor: Ms. Rinda
Procedural Status
Corporate Debtor's counsel stated that counter has been e-filed. The Tribunal directed filing of physical copy within one week. Rejoinder, if any, to be filed within two weeks thereafter.
Adjournment
Matter adjourned to 22 July 2026 for further proceedings.
Issues / Allegations / Violations
No specific allegations or violations detailed in this hearing order. The matter pertains to a Section 9 insolvency petition filed by an operational creditor.
Findings & Observations
No findings or observations made in this procedural hearing order.
Penalties / Settlements / Directions
No penalties, settlements or substantive directions issued in this hearing. Only procedural directions regarding filing of documents.
Corrective Actions & Future Obligations
Corporate Debtor required to file physical copy of counter within one week. Operational Creditor may file rejoinder within two weeks after physical copy filing.
Final Ruling & Enforcement
No final ruling made. Matter adjourned for further proceedings on 22 July 2026.