Authority: National Company Law Tribunal, Hyderabad Bench – 1
Order Date: 15 June 2026
Case Overview
The order pertains to an interlocutory application (IA (IBC) 886/2026) filed within the main insolvency petition CP (IB) No. 209/95/HDB/2022. The petition was initiated by State Bank of India (Petitioner) under Section 95 of the Insolvency and Bankruptcy Code, 2016 against the respondents, Smt. Aluru Vijayalakshmi and M/s. Dharti Dredging and Infrastructure Ltd. The hearing was conducted in a hybrid mode (VC and Physical) before a bench comprising Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Learned Counsel Mr. GP Yash Vardhan represented the applicant during the proceedings.
Final Outcome
The tribunal ordered that a notice be issued to the respondents through registered post, speed post, and email. The matter was adjourned to 3 August 2026 for the filing of proof of service of the said notice. No other substantive directions or observations were recorded in this order.
Topics: Insolvency Proceeding, Banking Dispute, NCLT Hearing