ICICI Bank Insolvency Progress Report Filed

Authority: National Company Law Tribunal, Hyderabad Bench – II

Order Date: 15.06.2026

Case Overview

This order pertains to an interlocutory application (IA(IBC)/872/2026) filed within the main Company Petition IB/215/95/HDB/2025. The petition was initiated by ICICI Bank Limited under Section 95 of the Insolvency and Bankruptcy Code (IBC) against the respondent, Srivasta Janaswamy. The hearing was conducted in a hybrid mode (VC and physical) on 15th June 2026. The application was moved by the Resolution Professional seeking to place a Progress Report on record for consideration by the tribunal.

Final Outcome

The bench, comprising Shri Rajeev Bhardwaj (Member Judicial) and Shri Sanjay Puri (Member Technical), allowed the application. The Progress Report submitted by the Resolution Professional was taken on record. The application was disposed of accordingly.

Topics: Insolvency Proceeding, Banking