Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 18 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard Company Petition IB/32/7/HDB/2026 filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition was filed by Ravindra Madala (Petitioner) against 3RDFLIX Visual Effects Pvt Ltd (Respondent). The hearing was conducted in hybrid mode (VC and Physical) on 18 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.
Final Outcome
The matter was adjourned to 08 October 2026. The adjournment was granted because, despite service being effected on the respondent company (3RDFLIX Visual Effects Pvt Ltd), no representative appeared on their behalf during the hearing. Only the petitioner's counsel, Ms. Geeta Serwani, was present.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt