NCLT Adjourns GJS Infratech Insolvency Hearings

Case Details

Case Name: Canara Bank vs M/s. GJS Infratech Private Limited

Court/Authority: National Company Law Tribunal, Hyderabad Bench - 1

Case Number: CP (IB) No. 257/7/HDB/2023

Hearing Date: May 20, 2026

Legal Basis: Section 7 of Insolvency and Bankruptcy Code, 2016

Mode of Hearing: Virtual and Physical (Hybrid) Mode

Parties Involved

Financial Creditor: Canara Bank

Corporate Debtor: M/s. GJS Infratech Private Limited

Resolution Professional: Mr. DSRK Sai Baba

Tribunal Members: Sh. Rajeev Bhardwaj (Hon'ble Member - Judicial), Sh. Sanjay Puri (Hon'ble Member - Technical)

Legal Counsel: Multiple advocates including Mr. J Ganesh, Mrs. Sandhya Rani, Ms. Devangi, Mr. J Ganesh Kumar, Mrs. A. Sandhya Rani, and Ms. Sanjana P

Proceedings Summary

The National Company Law Tribunal Hyderabad Bench heard multiple interim applications related to the main insolvency petition filed by Canara Bank against GJS Infratech Private Limited. All matters were adjourned to July 1, 2026.

Specific Application Details:

IA (IBC) 1467/2025 & IA (IBC) 1468/2025

• Present: Mr. DSRK Sai Baba, Resolution Professional
• Outcome: Adjourned to 01.07.2026 for hearing

IA (IBC) 1770/2025

• Present: Mr. J Ganesh (Counsel for Applicant), Mr. DSRK Sai Baba (Resolution Professional)
• Directions: Counter to be filed within two weeks, rejoinder within two weeks thereafter
• Outcome: Adjourned to 01.07.2026

IA (IBC) 1567/2025

• Present: Mrs. Sandhya Rani (Counsel for Applicant), Mr. DSRK Sai Baba (Resolution Professional/Respondent No.1), Ms. Sanjana P (Counsel for Respondent No.2)
• Outcome: Adjourned to 01.07.2026 at request of applicant's counsel

IA (IBC) 2005/2025

• Present: Ms. Devangi (Counsel for Applicant), Mr. DSRK Sai Baba (Resolution Professional/Respondent No.1), Ms. Sanjana P (Counsel for Respondent No.2)
• Outcome: Adjourned to 01.07.2026 for hearing

IA (IBC) 811/2025

• Present: Mr. J Ganesh Kumar (Counsel for Applicant), Mr. DSRK Sai Baba (Resolution Professional/Respondent)
• Directions: Counter to be filed within two weeks, rejoinder within two weeks thereafter
• Outcome: Adjourned to 01.07.2026

IA (IBC) (Liq.,) 02/2026

• Present: Mr. DSRK Sai Baba, Resolution Professional
• Outcome: Adjourned to 01.07.2026 for hearing

IA (IBC) 614/2026

• Present: Mrs. A. Sandhya Rani (Counsel for Applicant), Mr. DSRK Sai Baba (Resolution Professional)
• Directions: Counter to be filed within one week, rejoinder within two weeks thereafter
• Outcome: Adjourned to 01.07.2026

Final Ruling & Enforcement

The Tribunal adjourned all pending interim applications to July 1, 2026, with specific directions for filing counters and rejoinders where applicable. No substantive decisions were made on the merits of any application during this hearing.