Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 10 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench - II heard Company Petition IB/96/9/HDB/2023 filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The petition was filed by Lakshmi Narasimha Constructions against SRK Constructions and Projects Pvt Ltd. The hearing was conducted in hybrid mode (VC and physical) on 10 June 2026 at 10:30 AM before a bench comprising Hon'ble Member (Judicial) Shri. Rajeev Bhardwaj and Hon'ble Member (Technical) Shri. Sanjay Puri. Both parties were represented by counsel - Mr. V. Raghunath for the petitioner and Mr. K. Ram Murthy for the respondent.
Final Outcome
The matter was adjourned for hearing to 12 August 2026. No substantive decisions were made in this order, which solely records the adjournment of proceedings.
Topics: Insolvency Proceedings, Construction Sector