Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 09-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard an insolvency petition filed by Mr. Praveen Chowdary, Sole Proprietor of M/s. Om Industrial Corporation, who is the Operational Creditor in this matter. The petition was filed against M/s. Synergies Casting Ltd. as the Corporate Debtor under Section 9 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in virtual and physical (hybrid) mode on 09-06-2026 at 11:55 A.M. before the bench comprising Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Sh. Sanjay Puri, Hon'ble Member (Technical). Mr. Lokesh Agarwal, Learned PCS, represented the Operational Creditor during the proceedings.
Final Outcome
The NCLT ordered that notice be issued to the Respondents (Synergies Casting Ltd.) through registered/speed post and via email. The matter has been adjourned to 08 September 2026 for the filing of proof of service to the corporate debtor.
Topics: Insolvency Proceedings, Corporate Debt Resolution