Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 29-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard matter CP(IB) No. 103/7/HDB/2023 filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by Sunway Opus International Pvt Ltd as Financial Creditor against Opus Developers and Buillders Private Limited as Corporate Debtor. The hearing was conducted in virtual and physical (hybrid) mode. Both parties were represented by legal counsel: Mr. Shrinivas Deshmukh for the Financial Creditor and Ms. Kopal Sharraf for the Corporate Debtor. The bench comprised Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri.
Final Outcome
The matter was adjourned to 30th September 2026 for further hearing. No other directions or decisions were recorded in this order sheet.
Topics: Corporate Insolvency, NCLT Proceedings, Real Estate