Authority: National Company Law Tribunal, Amaravati Bench
Order Date: June 22, 2026
Case Overview
The National Company Law Tribunal (NCLT) Amaravati Bench, comprising Hon'ble Member (Judicial) Shri Kishore Vemulapalli and Hon'ble Member (Technical) Shri Umesh Kumar Shukla, heard IA (IBC)/204/2026 in CP (IB)/34/123/AMR/2023. The petition was filed by Central Bank of India as petitioner against respondents Sri Kotha Kasi Viswanadham and M/s. Sri Ananda Lakshmi Narasimha Industries India Pvt. Ltd. under Sections 123 and 60(5) of the Insolvency and Bankruptcy Code, 2016. The bankruptcy trustee, Mr. Madasa Kumar, represented the applicant in the proceedings conducted through hybrid mode.
Final Outcome
The tribunal has adjourned the matter simpliciter to July 6, 2026, for further hearing. No substantive decisions or rulings were made in this order, which serves solely as a procedural adjournment.
Topics: Insolvency Proceedings, Banking Litigation