Authority: National Company Law Tribunal, Hyderabad Bench – 1
Order Date: 06-07-2026
Case Overview
The National Company Law Tribunal (NCLT), Hyderabad Bench – 1, heard matters related to CP (IB) No. 25/95/HDB/2024 and two Interlocutory Applications (IA (IBC) 1611 & 1612/2025) filed within this petition. The petition was filed by IDBI Bank Ltd under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The respondents named in the petition are Mr. Nama Krishnaiah and M/s. Trichy Tanjavur Expresways Ltd. The bench was composed of Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. During the hearing held on 06-07-2026, the learned counsel for the applicant, Ms. K V S Madhumita, was present. However, no one appeared on behalf of the respondents. The counsel for the applicant requested an adjournment, seeking more time for the hearing.
Final Outcome
The NCLT bench granted the request for an adjournment. The matter has been rescheduled for the next hearing on 10th August 2026. No other directions or orders were passed in this session.
Topics: Insolvency, Banking