Case Details
Case Name: Axis Bank Ltd vs Lanco Kondapalli Power Ltd
Court/Authority: National Company Law Tribunal, Hyderabad Bench - II
Case Number: IA (IBC)/819/2026 in CP (IB) No.678/7/HDB/2018
Petition Filed Under: Section 7 of Insolvency and Bankruptcy Code (IBC)
Hearing Date: 22 May 2026
Hearing Time: 10:30 AM
Hearing Mode: Virtual Court and Physical (Hybrid) Mode
Parties Involved
Petitioner: Axis Bank Ltd
Respondent: Lanco Kondapalli Power Ltd
Tribunal Members: Shri. Rajeev Bhardwaj (Hon'ble Member - Judicial), Shri. Sanjay Puri (Hon'ble Member - Technical)
Legal Representation: Mr. Gaurav Mitra (Ld. Counsel for the Applicant)
Liquidator: Mr. K. Vatsa Kumar
Proceedings
The matter was listed for hearing before admission. Both the counsel for the applicant and the liquidator were present. The tribunal heard the matter and adjourned it to 16 June 2026 for further proceedings.
Final Ruling
The National Company Law Tribunal, Hyderabad Bench-II adjourned the matter to 16 June 2026. The order was signed by both members: Shri. Sanjay Puri (Member - Technical) and Shri. Rajeev Bhardwaj (Member - Judicial).