Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 18-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard a winding-up petition (TP 02/2026) filed by M/s. Shrinath Rotopack Pvt Ltd., represented by its Commercial Manager Mr. Narender Babu, against M/s. Nusun Genetic Research Ltd., represented by Director Mr. Vidya Sagar Paruchuri. The petition was filed under Sections 433(e)(f), 434(1)(a), 434(1)(c), and 439(1)(b) of the Companies Act, 1956 read with Rule 95 of the Companies (Court) Rules, 1959. The bench comprised Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Ld. Counsel Ms. Shreya Mundra appeared for the petitioner.
Final Outcome
The NCLT admitted the petition and issued notice to the respondents to be served by registered/speed post and through e-mail. The matter was adjourned to 30 July 2026 for the petitioner to file proof of service of the notice.
Topics: Corporate Insolvency, Legal Proceedings