NCLT Extends Navayuga Infotech CIRP by 45 Days

Authority: National Company Law Tribunal, Hyderabad Bench - 1

Order Date: June 10, 2026

Case Overview

This matter concerns an application (IA (IBC) 868/2026) filed within the main insolvency petition CP(IB) No. 35/9/HDB/2021, which was originally initiated by operational creditor Vajra IOT against corporate debtor Navayuga Infotech Pvt Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The application specifically sought an extension of the Corporate Insolvency Resolution Process (CIRP) period. The hearing was conducted in a hybrid mode (virtual and physical attendance). The Resolution Professional for the case, Mr. K Vasudeva Rao, and the counsel for the applicant, Mr. V V S N Raju, were present during the proceedings. The bench, comprising Judicial Member Shri Rajeev Bhardwaj and Technical Member Shri Sanjay Puri, considered the submissions made in the application.

Final Outcome

The NCLT Hyderabad Bench allowed the application and granted an extension of the CIRP period by 45 days. The extension is effective from June 10, 2026, to July 25, 2026. The application was disposed of accordingly.

Topics: Insolvency Proceeding, NCLT Order, CIRP Extension