Authority: National Company Law Tribunal, Hyderabad Bench - II

Order Date: 09.06.2026

Case Overview

The hearing concerned Application IA(IBC)/827/2026 filed within Company Petition IB/249/121/HDB/2023 under Section 95 of the Insolvency and Bankruptcy Code (IBC). The matter involves Bank of Baroda as the Petitioner and Mahindhar Reddy as the Respondent. The application was filed by the Bankruptcy Trustee, CS Issac Raj Pulimamidivare Goud, seeking to have his preliminary report taken on record by the Tribunal.

Final Outcome

The bench comprising Member (Judicial) Shri Rajeev Bhardwaj and Member (Technical) Shri Sanjay Puri allowed the application. The preliminary report submitted by the Bankruptcy Trustee was taken on record. The application was accordingly disposed of as allowed.

Topics: Insolvency Proceedings, Banking Dispute, NCLT Order