Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: June 16, 2026
Case Overview
The National Company Law Tribunal Hyderabad Bench - II heard Company Petition IB/210/95/HDB/2023 filed under Section 95 of the Insolvency and Bankruptcy Code (IBC). The petition was filed by State Bank of India as the petitioner against Mrs. Prem Latha Gupta as the respondent. The matter was heard in hybrid mode (VC and physical) before a two-member bench consisting of Shri. Rajeev Bhardwaj (Hon'ble Member - Judicial) and Shri. Sanjay Puri (Hon'ble Member - Technical). Legal representation included Mr. VVSN Raju and Ms. Aishwarya for the petitioner (State Bank of India), and Mr. K. Siddarth Rao, Mr. D. Pavan Kumar, Ms. Shraddha Gupta, Ms. G. Nikhita Hari & Mr. Mayank Savla for the respondent (Mrs. Prem Latha Gupta).
Final Outcome
The hearing was adjourned to June 30, 2026, with no substantive decisions or rulings made during this session. The matter remains pending before the tribunal.
Topics: NCLT Proceeding, Bank Insolvency Petition, Hearing Adjournment