Case Details
Case Name: Bank of Maharashtra vs M Surya Prabhakar
Court/Authority: National Company Law Tribunal, Hyderabad Bench - II
Case Number: Company Petition IB/40/95/HDB/2025
Interlocutory Application: IA (IBC)/1537/2025
Legal Provision: Section 95 of Insolvency and Bankruptcy Code (IBC)
Hearing Date: 20 May 2026
Hearing Time: 10:30 AM
Hearing Mode: Virtual Court and Physical (Hybrid) Mode
Parties Involved
Petitioner: Bank of Maharashtra
Represented by: Ms. Ayushi Patidar, Learned CA
Respondent: M Surya Prabhakar
Represented by: Mr. Rajeshwaran, Learned Counsel
Resolution Professional:
Represented by: Ms. Aashi Gupta, Learned Counsel
Tribunal Members:
- Shri Rajeev Bhardwaj, Hon'ble Member (Judicial)
- Shri Sanjay Puri, Hon'ble Member (Technical)
Proceedings
Company Petition IB/40/95/2025 Hearing
- Matter was heard by the tribunal
- Reserved for orders
- Both parties granted liberty to file written submissions not exceeding 2 pages within 3 days
- Submissions must be duly signed by both parties/counsels
IA (IBC)/1537/2025 Hearing
- Matter was heard by the tribunal
- Reserved for orders
- Both parties granted liberty to file written submissions not exceeding 2 pages within 3 days
- Submissions must be duly signed by both parties/counsels
Final Ruling & Enforcement
The tribunal reserved both matters for orders after hearing all parties. No immediate ruling was pronounced. The order allows for additional written submissions to be filed within a limited timeframe before final orders are passed.