Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: June 18, 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard a winding-up petition filed by M/s. Shrinath Rotopack Pvt Ltd., represented by its Commercial Manager Mr. Narender Babu, against M/s. Seed Innovations Pvt Ltd., represented by Director Mr. Vidya Sagar Paruchuri. The petition was filed under sections 433(e)(f), 434(1)(a), 434(1)(c), and 439(1)(b) of the Companies Act, 1956 read with Rule 95 of the Companies (Court) Rules, 1959. The matter was heard in hybrid mode (VC and physical attendance) by a bench comprising Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Ms. Shreya Mundra appeared as counsel for the petitioner.
Final Outcome
The NCLT issued notice to the respondents (Seed Innovations Pvt Ltd.) to be served by registered/speed post and through e-mail. The matter was adjourned to July 30, 2026 for the petitioner to file proof of service of the notice. No substantive hearing on the merits of the winding-up petition has taken place yet.
Topics: Corporate Insolvency, NCLT Proceedings