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 two interlocutory applications (IA(IBC)(Plan)/03/2026 and IA(IBC)/772/2026) in the main insolvency petition CP(IB) No.164/7/HDB/2023 filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition involves Avantine Software Pvt Ltd as the petitioner and Baron Infotech Limited as the respondent. The bench comprised Hon'ble Member (Judicial) Shri Rajeev Bhardwaj and Hon'ble Member (Technical) Shri Sanjay Puri. For IA(IBC)(Plan)/03/2026, only the counsel for the applicant was present, and the matter was adjourned. For IA(IBC)/772/2026, counsel for both the applicant and Respondent No.1 were present, along with a professional representative for Respondent No.2. The tribunal noted that a counter had already been filed by Respondent No.1 and a rejoinder by the applicant.
Final Outcome
The tribunal adjourned both matters to 27 July 2026 for further hearing. It directed Respondent No.2 to file its vakalath (power of attorney) and counter within three weeks from the order date (by 9 July 2026). The applicant was directed to file any rejoinder to Respondent No.2's counter within two weeks after that (by 23 July 2026).
Topics: Insolvency Proceedings, NCLT Hearing