Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 23 June 2026
Case Overview
The hearing concerns IA (IBC)/126/2021 in CP (IB)No.184/7/HDB/2019 filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition was initiated by State Bank of India (Petitioner) against Meenakshi Energy Limited (Respondent). The matter was heard in hybrid mode (VC and physical) before a bench comprising Hon'ble Member (Judicial) Shri Rajeev Bhardwaj and Hon'ble Member (Technical) Shri Sanjay Puri.
Representation included Mr. Shivansh Vishwakarma for the Applicant, Ms. Mano Ranjani for Respondent No. 1/RP, and Mr. Prasoon Das from the office of Mr. Dishit Bhattacharjee for Respondent No. 3. No one appeared for Respondent No. 2.
The primary matter before the tribunal was procedural regarding the filing of a rejoinder to the counter filed by Respondent No. 3.
Final Outcome
The tribunal granted a final opportunity for the filing of the rejoinder to the counter filed by Respondent No. 3. The matter has been adjourned and is now scheduled for hearing on 24 August 2026.
Topics: Insolvency Proceeding, NCLT Hearing