Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 10 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard an interlocutory application (IA (IBC)/883/2026) filed within Company Petition (IB) No.158/95/HDB/2022 under Section 95 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by State Bank of India (Petitioner) against Maneppali Seshavatharam (Respondent). The hearing was conducted in a hybrid mode (VC and physical) on 10 June 2026 at 10:30 AM before a bench comprising Hon'ble Member (Judicial) Shri Rajeev Bhardwaj and Hon'ble Member (Technical) Shri Sanjay Puri. Mr. G. Srikanth, Learned Counsel, appeared along with Mr. Sivarama Prasad Bhamidi, the Bankruptcy Trustee, representing the petitioner's interests.
Final Outcome
The bench issued notice to the respondents to be served through registered post, speed post, and email. The matter was adjourned to 19 August 2026 for filing proof of service. No substantive hearing on the merits of the case occurred during this proceeding.
Topics: Insolvency Proceeding, Banking Debt, NCLT Hearing