Case Details

Case Name: IDBI Bank Limited vs. Smt. Nadupalli Parvathavardhini & M/s. Sankhya Infotech Limited

Court/Authority: National Company Law Tribunal, Hyderabad Bench – 1

Case Number: CP (IB) No. 03/95/HDB/2025

Date of Hearing: 20 May 2026

Time of Hearing: 12:35 PM

Mode of Hearing: Virtual Court and Physical (Hybrid) Mode

Parties Involved

Petitioner: IDBI Bank Limited, represented by its Deputy General Manager, Shri Arun Kumar

Respondents: 1. Smt. Nadupalli Parvathavardhini, 2. M/s. Sankhya Infotech Limited

Legal Representation: Mr. B Harinath Rao, Learned Counsel for the Creditor (IDBI Bank); Mr. Hariprasad, Learned Counsel for the Resolution Professional

Bench: Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Sh. Sanjay Puri, Hon'ble Member (Technical)

Legal Basis

This petition was filed under Section 95 of the Insolvency and Bankruptcy Code, 2016.

Proceedings & Order

The matter was listed for hearing on 20 May 2026. After hearing the parties, the Tribunal adjourned the matter. The next hearing is scheduled for 22 July 2026. No substantive arguments, findings, or orders on the merits of the case were recorded in this particular proceeding.

Status

The case remains pending before the NCLT Hyderabad Bench, with the next hearing scheduled for a future date.