Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: June 15, 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard three contempt petitions related to insolvency proceedings against SSB Structural & Galvanizing Pvt Ltd. The petitions were filed in connection with CP (IB) No.720/9/HDB/2019 under Section 9 of the Insolvency and Bankruptcy Code (IBC). The matters were heard by a bench comprising Shri Rajeev Bhardwaj (Member Judicial) and Shri Sanjay Puri (Member Technical). Mr. Ravuri Hari Prasad, the erstwhile liquidator, appeared for the proceedings, while respondents No. 1 and 2 were absent across all three petitions.
Final Outcome
The tribunal reserved orders for two contempt petitions: Contempt Petition (IBC)/25/2025 in IA No.760/2025 and Contempt Petition (IBC)/29/2025 in IA No.988/2025. The third contempt petition, Contempt Petition (IBC)/21/2025, was adjourned to August 10, 2026. The respondents failed to appear for any of the hearings.
Topics: NCLT Proceedings, Contempt Petitions, Corporate Insolvency