Authority: National Company Law Tribunal, Hyderabad Bench - 1

Order Date: 16-06-2026

Case Overview

The National Company Law Tribunal (NCLT) Hyderabad Bench heard an insolvency petition filed by IFCI Limited against Smt. Pushpa Agarwal, who is identified as a personal guarantor. The petition was registered as CP(IB) No. 11/95/HDB/2024 and was initiated under Section 95 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in a hybrid mode (virtual and physical attendance) on 16 June 2026. The bench comprised Sh. Rajeev Bhardwaj (Hon'ble Member - Judicial) and Sh. Sanjay Puri (Hon'ble Member - Technical).

Final Outcome

The matter was adjourned to 04 August 2026. This adjournment was granted at the request of the learned counsel representing the respondent, Mr. Jagdhish. No other substantive orders or directions were issued in this hearing.

Topics: Insolvency Proceeding, Personal Guarantee, NCLT Hearing