Authority: National Company Law Tribunal, Hyderabad Bench – II

Order Date: 23.06.2026

Case Overview

The National Company Law Tribunal (NCLT) Hyderabad Bench – II heard matter IA(IBC)/610/2026 in Company Petition/IB/186/95/HDB/2022 under Section 95 of the Insolvency and Bankruptcy Code (IBC). The petition was filed by Power Finance Corporation (Petitioner) against M. Seetaram (Respondent). The hearing was conducted in a hybrid mode (VC and Physical) on 23.06.2026 at 10:30 A.M. before a bench comprising Shri Rajeev Bhardwaj (Hon'ble Member - Judicial) and Shri Sanjay Puri (Hon'ble Member - Technical). Mrs. JVL Bharati, Learned Counsel for the Bankruptcy Trustee, was present during the proceedings.

Final Outcome

The Tribunal adjourned the matter to 01.07.2026. No substantive orders were passed, and the hearing was purely procedural to schedule the next date of hearing.

Topics: Insolvency Proceeding, NCLT Hearing, Financial Creditor