Bank of Baroda Insolvency Petition Adjourned to July 2026

Authority: National Company Law Tribunal, Hyderabad Bench – 1

Order Date: 19-06-2026

Case Overview

The hearing concerned CP (IB) No. 193/95/HDB/2023, an insolvency petition filed by Bank of Baroda (Petitioner) under Section 95 of the Insolvency and Bankruptcy Code, 2016. The respondents in the matter are Mr. P Venkateswara Rao and M/s. Kanakadhara Ventures Private Limited. The specific application being heard was IA(IBC) 1983/2025, which is filed within the main petition. The bench was composed of Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri.

Final Outcome

The matter was adjourned due to no representation from either side during the hearing. The next hearing is scheduled for 20.07.2026.

Topics: Insolvency Proceeding, NCLT, Bank Petition