NCLT Hyderabad Bench adjourned multiple IBC applications in Cyklop Asia vs Grip Strapping case to 29 April 2026.
Tribunal directed Respondent No.3 to file counter within one week in IA (IBC) 487/2026.
Several respondents were set ex-parte for non-appearance despite service of notice.
Matters involve Section 7 IBC proceeding with multiple interlocutory applications pending.