Authority: National Company Law Tribunal, Hyderabad Bench – 1
Order Date: 16 July 2026
Case Overview
This order sheet details the proceedings for multiple Interlocutory Applications (IAs) and one petition arising from the main insolvency petition, CP (IB) No. 237/9/HDB/2020, filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by operational creditor Action Group Associates against corporate debtor M/s. BEML Midwest Limited. The corporate debtor is under liquidation, represented by Liquidator Mrs. Padma Priyanka Vangala. The bench comprised Hon'ble Member (Judicial) Shri. Rajeev Bhardwaj and Hon'ble Member (Technical) Shri. Sanjay Puri.
The proceedings pertain to various procedural applications within the ongoing liquidation process. The principal matter involves the adjudication of requests for adjournments, directions for filing counters and rejoinders, and the maintenance of applications related to a previously disposed-of matter.
Final Outcome
The tribunal issued directions for eight applications, adjourning them all to the next hearing date of 05.10.2026:
- IA (IBC) 258/2024: Adjourned for hearing.
- IA (IBC) 751/2025: Respondents No.3 to 11 and Respondents No.15, 17 & 20 directed to file counter within three weeks. Rejoinder to be filed within two weeks thereafter.
- IA (IBC) 411/2026: Respondents No.2 & 4 to 6 directed to file counter within three weeks. Rejoinder to be filed within two weeks thereafter. Proof of service to be filed for Respondent No.3.
- IA (IBC) 526/2026: Last opportunity granted to file counter within three weeks. Rejoinder to be filed within two weeks thereafter.
- IA (IBC)1018/2026: Vakalath and Counter to be filed within 3 weeks. Rejoinder to be filed within 2 weeks thereafter.
- IA (IBC)1028/2026 in IA (IBC) 751/2026: Respondents No.2, 3 to 11 & 15 to file Vakalath and counter within 3 weeks. Applicant to file rejoinder within 2 weeks thereafter. Notice to be issued to remaining Respondents.
- IA (IBC)1029/2026 in IA (IBC) 910/2026: Vakalath and Counter to be filed within 3 weeks. Rejoinder to be filed within 2 weeks thereafter.
One application was allowed and disposed of:
- IA (IBC) (Liq.,) Progress Report 108/2026: The Liquidator's 11th Progress Report for the quarter ending 30.06.2026 was taken on record.
Two applications were dismissed as non-maintainable:
- IA (IBC)1030/2026 in IA (IBC) 910/2026: Application seeking an ad-interim ex-parte stay of the operation of the Order dated 19.06.2026 in IA (IBC) 910/2026 was dismissed because IA (IBC) 910/2026 had already been disposed of.
- Inv Petn (IBC) 14/2026 in IA (IBC) 910/2026: Application to implead the applicant as a party in IA (IBC) 910/2026 was dismissed because that application had been disposed of vide order dated 19.06.2026.
The practical consequence is the continuation of the liquidation process, with most procedural matters postponed for further hearing on October 5, 2026.
Topics: Corporate Insolvency, Liquidation Process, NCLT Proceedings