Authority: National Company Law Tribunal, Hyderabad Bench – II
Order Date: 09 June 2026
Case Overview
This order pertains to two interlocutory applications (IA (IBC)/1932/2024 and IA (IBC)/1931/2024) filed within the main insolvency petition CP(IB) No.276/7/HDB/2018. The petition was originally filed by Bank of Baroda against Ind-Barath Energy (Utkal) Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) in 2018. The hearing was conducted in a hybrid mode (both VC and physical attendance) before a two-member bench consisting of Judicial Member Shri Rajeev Bhardwaj and Technical Member Shri Sanjay Puri. Both parties were represented by legal counsel.
Final Outcome
The Tribunal granted an adjournment at the request of the applicant's learned counsel. The matter has been rescheduled for the next hearing on 04 August 2026. No substantive decisions on the merits of the applications or the main petition were recorded in this order.
Topics: Insolvency Proceeding, NCLT Hearing, Adjournment