Authority: National Company Law Tribunal, Hyderabad Bench – II
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard Company Petition IB/16/7/HDB/2026 filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition was filed by MS Sridevi Medapati (Petitioner) against Apsuja Infratech Pvt Ltd (Respondent). The hearing was conducted in hybrid mode (VC and physical) on 11 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.
During the hearing, no representative appeared for the Petitioner. Mr. Arun Saxena, Learned Counsel, represented the Respondent. He informed the tribunal that a counter had been e-filed but was currently under the defect list.
Final Outcome
The tribunal directed the Respondent's counsel to remove the defects in the counter filing within one week. Subsequently, any rejoinder from the Petitioner must be filed within the next four weeks. The matter has been adjourned to 10 September 2026 for further hearing.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt