Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: June 16, 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard Company Petition IB/153/95/HDB/2023 filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by State Bank of India as the Petitioner against Respondent Uma Bhai Agarwal, seeking initiation of insolvency resolution process. The hearing was conducted in hybrid mode (VC and Physical) on June 16, 2026 at 10:30 AM before the bench comprising Shri Rajeev Bhardwaj (Hon'ble Member Judicial) and Shri Sanjay Puri (Hon'ble Member Technical).
Final Outcome
The matter was adjourned to June 30, 2026 at the request of the Respondent's learned counsel. The order was signed by both members of the bench.
Topics: Insolvency Proceedings, Banking Litigation, NCLT