Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 16 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard CP(IB) No. 129/7/HDB/2025, an insolvency petition filed by AU Small Finance Bank Ltd. (Financial Creditor) against M/s. SLN Projects Pvt Ltd. (Corporate Debtor) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in hybrid mode (VC and physical attendance). The bench comprised Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Both parties were represented by their legal counsel - Mr. A Karthik for the Financial Creditor and Mr. Manichandan Reddy for the Corporate Debtor.
Final Outcome
At the request of learned counsels for both parties, the matter was adjourned to 08 September 2026 for further hearing. No substantive decisions were made in this order, which solely records the adjournment.
Topics: Insolvency Proceeding, Banking Sector, NCLT Hearing