Case Details

Case Name: State Bank of India (SAM Branch) vs M/s. Vibha Agro Tech Limited

Court/Authority: National Company Law Tribunal, Hyderabad Bench - 1

Case Number: CP(IB) No. 645/7/HDB/2018 and IA (IBC) 771/2026 in CP(IB) No. 645/7/HDB/2018

Legal Provision: Section 7 of Insolvency and Bankruptcy Code, 2016

Hearing Date: 21-05-2026

Hearing Time: 12:45 P.M.

Hearing Mode: Virtual Court and Physical (Hybrid) Mode

Parties Involved

Financial Creditor: State Bank of India (SAM Branch)

Corporate Debtor: M/s. Vibha Agro Tech Limited

Judicial Bench:

  • Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial)
  • Sh. Sanjay Puri, Hon'ble Member (Technical)

Legal Representatives Present:

  • Mr. Y Suryanarayana, Learned Counsel (for Applicant)
  • Ms. Devangi Kariya, Learned PCS (for Applicant)
  • Mr. G P Yash Vardhan, Learned Counsel (for Resolution Professional)
  • Mr. Madasa Kumar, Resolution Professional

Proceedings

The National Company Law Tribunal Hyderabad Bench conducted a hearing in hybrid mode (virtual court and physical attendance). The matter heard was IA (IBC) 771/2026 filed within the main insolvency petition CP(IB) No. 645/7/HDB/2018. After hearing arguments from all parties, the bench reserved the matter for orders.

Current Status

The order has been reserved by the bench. No final ruling or directions have been issued in this hearing. The matter remains pending before the NCLT Hyderabad Bench for final decision.