Key Details

  • Reporting Period: First quarterly report covering period from 8 September 2026 to 30 September 2026
  • Recipient: Hon'ble NCLT, Hyderabad Bench

Monitoring Committee Status

The 1st quarterly report of the Monitoring Committee on implementation of Resolution Plan has been submitted to the Hon'ble NCLT, Hyderabad Bench. The Hon'ble Bench has taken on record the said 1st quarterly report of the Monitoring Committee.

NCLT Proceedings

IA (IBC) 1474/2026 in Company Petition IB/164/7/HDB/2023 U/s 7 of IBC

  • Hearing Date: 16 October 2026 at 10:30 AM
  • Hearing Mode: VC and Physical (Hybrid) Mode
  • Bench: Shri. Rajeev Bhardwaj (Hon'ble Member Judicial) and Shri. Sanjay Puri (Hon'ble Member Technical)
  • Present: Mr. Narender Reddy Banala, CS for the Applicant

NCLT Order

The application filed by the Resolution Professional to take on record the 1st progress report for the period from 08.09.2026 to 30.09.2026 was allowed and disposed of. The progress report was taken on record by the NCLT.

Key Personnel

  • CS Dr Ahalada Rao Vummenthala - Erstwhile Resolution Professional & Chairperson, Monitoring Committee
  • IBBI Registration: IBBI/IPA-002/IP-N00074/2017-2018/10172
  • AFA Valid Date: 27/11/2025 to 31/12/2026