NCLT Admits Servomax India Insolvency Progress Report

NCLT Hyderabad Bench admits the 5th quarterly progress report for the Servomax India Pvt Ltd. insolvency resolution process.
The report covers the quarter ending March 31, 2026, and was filed by the Resolution Professional.
The tribunal allowed application IA (IBC) 675/2026 and disposed of the matter.
The case is part of an ongoing insolvency proceeding initiated by State Bank of India under Section 95 of IBC, 2016.