Authority: National Company Law Tribunal (NCLT), Hyderabad Bench – II

Order Date: 15 June 2026

Case Overview

This document is an attendance cum order sheet from a hearing for Interlocutory Application (IA) No. (IBC)/338/2026, which is filed within the main Company Petition No. IB/300/95/HDB/2022. The petition was filed by Bank of Baroda (Petitioner) against V. Narayana Reddy (Respondent/Corporate Debtor) under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC). The hearing was conducted in a hybrid mode (VC and Physical) and presided over by a two-member bench comprising Hon'ble Member (Judicial) Shri. Rajeev Bhardwaj and Hon'ble Member (Technical) Shri. Sanjay Puri. Counsel for the parties were present, though the Bankruptcy Trustee/Respondent No.1 was not represented.

Final Outcome

The tribunal adjourned the matter to the next date of hearing, which is 09 July 2026. It issued a directive for Respondent No. 2 to file a counter to the application within two weeks from the order date (15 June 2026). The petitioner is granted one further week to file a rejoinder, if any, after the counter is filed.

Topics: Insolvency Proceeding, NCLT Hearing, Banking Dispute