Case Details

Case Name: Catalyst Trusteeship Limited vs. Manjeera Constructions Ltd

Court/Authority: National Company Law Tribunal, Hyderabad Bench - II

Case Number: IA(IBC)/973/2025 in Company Petition IB/320/7/HDB/2022

Legal Provision: Section 7 of Insolvency and Bankruptcy Code (IBC)

Hearing Date: May 21, 2026

Hearing Time: 10:30 A.M.

Mode: Virtual Court and Physical (Hybrid) Mode

Parties Involved

Petitioner: Catalyst Trusteeship Limited

Respondent 1: Manjeera Constructions Ltd

Respondent 2: Not specifically named in the order

Legal Representation:

  • Mr. G. Venkat Sri Maithreya represented the Applicant/Petitioner
  • Mr. VVSN Raju and Ms. Aishwarya represented Respondent 1 (Manjeera Constructions Ltd)
  • Mr. Aishvary Vikram, Mr. Lucky Sharma, Ms. Navya Bhagat and Mr. Yash Jain represented Respondent 2

Tribunal Members: Shri. Rajeev Bhardwaj (Hon'ble Member - Judicial) and Shri. Sanjay Puri (Hon'ble Member - Technical)

Issues / Allegations / Violations

Not detailed in this procedural order. The matter relates to an insolvency petition under Section 7 of IBC filed by Catalyst Trusteeship Limited against Manjeera Constructions Ltd.

Findings & Observations

No substantive findings or observations are recorded in this procedural order. The order deals solely with adjournment and filing procedures.

Penalties / Settlements / Directions

Procedural Directions:

  • The petitioner was granted a final opportunity to file a Rejoinder
  • Rejoinder must be filed within 3 weeks from the hearing date (by approximately June 11, 2026)
  • Matter adjourned to July 30, 2026 for next hearing

Corrective Actions & Future Obligations

Filing Obligations: Petitioner must file Rejoinder within 3 weeks as a final opportunity

Next Hearing: All parties must appear on July 30, 2026 for the next hearing

Final Ruling & Enforcement

Current Status: Matter adjourned without any substantive ruling on the insolvency petition

Next Hearing Date: July 30, 2026

Enforcement: The adjournment order is immediately effective, requiring the petitioner to file the Rejoinder within the stipulated 3-week period