NCLT Hyderabad Reserves Orders on Neueon Towers Applications

NCLT Hyderabad Bench reserves orders on two interim applications in the IDBI Bank vs. Neueon Towers insolvency case.
IA 1971/2025 was heard with both parties present, with directions for written submissions.
IA 1566/2025 proceeded ex-parte against multiple respondents who were served but not present.
The proceedings are part of an ongoing corporate insolvency resolution process initiated under Section 7 of IBC, 2016.