Authority: National Company Law Tribunal, Hyderabad Bench – 1
Order Date: 15-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard an insolvency petition filed by IndusInd Bank (Financial Creditor) against BBR Green Fields Pvt Ltd. (Corporate Debtor). The petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in a hybrid mode (VC and Physical). The bench was composed of Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Mr. Indraprateek Naidu appeared as learned counsel for the petitioner, IndusInd Bank. Despite service of notice, no representative appeared for the respondent, BBR Green Fields Pvt Ltd.
Final Outcome
The matter was adjourned to 01.07.2026.
Topics: Insolvency Proceeding, Banking, NCLT