NCLT Extends PVSRSN Enterprises CIRP by 90 Days

Authority: National Company Law Tribunal, Hyderabad Bench – 1

Order Date: 22 June 2026

Case Overview

This order pertains to an application (IA (IBC) 918/2026) filed in the main insolvency petition CP(IB) No.91/7/HDB/2025, which was initiated by UCO Bank (Financial Creditor) against M/s. PVSRSN Enterprises Pvt Ltd. (Corporate Debtor) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application sought an extension of the Corporate Insolvency Resolution Process (CIRP) period by 90 days.

Final Outcome

The NCLT Hyderabad Bench, comprising Judicial Member Rajeev Bhardwaj and Technical Member Sanjay Puri, allowed the application. The CIRP period was extended by 90 days, effective from 18 June 2026 to 15 September 2026. The application was disposed of accordingly.

Topics: Insolvency, Corporate Debt Resolution, NCLT