Authority: National Company Law Tribunal, Amaravati Bench
Order Date: June 22, 2026
Case Overview
The National Company Law Tribunal (NCLT) Amaravati Bench heard an interlocutory application (IA (IBC)/207/2026) within the main company petition (CP (IB)/38/123/AMR/2023). The petition was filed by Central Bank of India as petitioner against respondents Smt. Chavva Naga Sampathi Tayaru and M/s. Sri Ananda Lakshmi Narasimha Industries India Pvt. Ltd. under Sections 123 and 60(5) of the Insolvency and Bankruptcy Code, 2016. The matter was presented by the Bankruptcy Trustee, Mr. Madasa Kumar, before the bench comprising Hon'ble Member (Judicial) Shri Kishore Vemulapalli and Hon'ble Member (Technical) Shri Umesh Kumar Shukla.
Final Outcome
The tribunal ordered a simple adjournment of the matter to July 6, 2026, without any substantive ruling on the merits of the case.
Topics: Insolvency, Banking, NCLT