Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: June 29, 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench - II heard matter IA (IBC)/725/2026 in Company Petition IB/164/7/HDB/2022 under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition involves Ram Chandran Traders Pvt Ltd as the petitioner and Ganga Steel Enterprises Pvt Ltd as the respondent. The hearing was conducted in a hybrid mode (VC and physical) before a bench comprising Hon'ble Member (Judicial) Shri Rajeev Bhardwaj and Hon'ble Member (Technical) Shri Sanjay Puri. Ms. Kanishk Garg appeared as learned counsel on behalf of Mr. Prashant Thakre for the applicant. The court noted that proof of service had not been filed in the matter.
Final Outcome
The Tribunal directed that proof of service be filed within two weeks from the order date (June 29, 2026) and adjourned the matter to August 18, 2026 for further hearing. The order was signed by both members of the bench.
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