NCLT Hyderabad hears insolvency petition filed by JM Financial ARC against Ajit Kamath and KOBO Biotech Ltd.
Petition filed under Section 95 of the Insolvency and Bankruptcy Code, 2016 for initiating personal insolvency.
Tribunal grants two weeks for petitioner to file rejoinder in the ongoing proceedings.
Matter adjourned for next hearing scheduled for 23rd June 2026.