NCLT Hyderabad Reserves Trident Sugars Insolvency Order

Authority: National Company Law Tribunal, Hyderabad Bench – 1

Order Date: 18-06-2026

Case Overview

The National Company Law Tribunal (NCLT), Hyderabad Bench – 1, heard an interim application IA (IBC) 519/2026 filed within the main insolvency petition CP(IB) No. 259/7/HDB/2023. The petition was initiated under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016 by M/s. Prudential Ammana Sugars Limited, the Financial Creditor, against M/s. Trident Sugars Limited, the Corporate Debtor. The hearing was conducted in a hybrid mode (VC and Physical) on 18-06-2026 at 12:45 PM. The bench was comprised of Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Learned Counsel Ms. Haneefa Mubin appeared for the applicant and Learned Counsel Mr. Shaik Gouse appeared for the respondent.

Final Outcome

After hearing the arguments from both sides, the bench reserved the matter for orders. A final decision on the interim application is pending.

Topics: Insolvency Proceeding, NCLT, Sugar Industry