Authority: National Company Law Tribunal, Amaravati Bench

Order Date: 22.06.2026

Case Overview

The National Company Law Tribunal (NCLT) Amaravati Bench, comprising Judicial Member Kishore Vemulapalli and Technical Member Umesh Kumar Shukla, heard an interlocutory application (IA) numbered IA (IBC)/208/2026. This application was filed within the main company petition CP (IB)/41/123/AMR/2023. The petition was filed by Central Bank of India (Petitioner) against Smt. Chavva Naga Lakshmi and M/s. Sri Ananda Lakshmi Narasimha Industries India Pvt. Ltd. (Respondents) under Sections 123 and 60(5) of the Insolvency and Bankruptcy Code, 2016 (IBC). The matter was listed for hearing and was disposed of through this order. Mr. Madasa Kumar, the Bankruptcy Trustee, was present for the IA applicant.

Final Outcome

The bench issued a simple adjournment order. The matter has been rescheduled for the next hearing on 06.07.2026.

Topics: Insolvency, Banking