Halo Energy NCLT Hearing Adjourned to June 25

Authority: National Company Law Tribunal, Hyderabad Bench - 1

Order Date: June 9, 2026

Case Overview

The matter involves a petition filed by M/s. Halo Energy Pvt Ltd (1st Applicant Company) and M/s. Vishnuka Power Private Limited (2nd Applicant Company) under Sections 230 to 232 of the Companies Act, 2013, pertaining to a scheme of arrangement or compromise. The hearing was conducted in hybrid mode (VC and physical) before a bench comprising Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Sh. Sanjay Puri, Hon'ble Member (Technical). Representation was present from Mr. CH Pushyam Kiran (Counsel for the Petitioner), Ms. Rakshitha (Counsel for the Income Tax Department), and Smt. Kusum Yadav (Deputy Director from the Regional Director office).

Final Outcome

The Tribunal adjourned the matter to June 25, 2026, and directed the Regional Director to file a final report within two weeks from the hearing date (by approximately June 23, 2026). The proceeding remains pending until the next hearing date.

Topics: NCLT Proceeding, Corporate Restructuring, Regulatory Compliance