Authority: National Company Law Tribunal, Hyderabad Bench – 1
Order Date: 09-10-2026
Case Overview
This document is an attendance cum order sheet from a hearing held at the National Company Law Tribunal (NCLT), Hyderabad Bench. The matter involves IA (IBC) (Plan) 6/2026 in CP(IB) No. 35/9/HDB/2021, which is an application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The petitioner is Vajra IOT, and the respondent is Navayuga Infotech Pvt Ltd. The hearing was conducted in a hybrid mode (VC and Physical). The bench was comprised of Shri. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri. Sanjay Puri, Hon'ble Member (Technical). Legal representation was present for the applicant, with Mr. VVSN Raju, Senior Counsel, along with Ms. Vismaya, Counsel. Mr. Kotoju Vasudeva Rao, the Resolution Professional, was also in attendance. After hearing the arguments presented, the bench reserved the matter for orders.
Final Outcome
The final order has been reserved by the NCLT Hyderabad Bench. The tribunal will issue its ruling at a later date, determining the admissibility and merits of the insolvency petition filed by Vajra IOT against Navayuga Infotech Pvt Ltd.
Topics: Insolvency Petition, NCLT Proceeding, Corporate Debt