Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 11-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petition was filed by Operational Creditor M/s. AEPL Infrastructure Pvt Ltd. against Corporate Debtor M/s. Powermech Projects Ltd. The hearing was conducted in hybrid mode (virtual and physical) before a bench comprising Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Both parties were represented by legal counsel: Mr. Shriang Mashruwala appeared for the Operational Creditor, while Mr. Kumara Swamy and Mr. Ravi Kiran represented the Corporate Debtor. The tribunal noted that pleadings in the matter stand completed.
Final Outcome
The NCLT adjourned the matter for hearing to September 30, 2026. No further directions or decisions were issued in this order.
Topics: Insolvency Proceedings, Corporate Litigation