Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 22-06-2026
Case Overview
The National Company Law Tribunal (NCLT), Hyderabad Bench - 1 heard an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by M/s. R E C Ltd. as the Financial Creditor against M/s. Srikanth Renewables Pvt Ltd. as the Corporate Debtor. The case is registered as CP (IB) No. 55/7/HDB/2025. The hearing was conducted in hybrid mode (VC and physical) before a bench comprising Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Both parties were represented by legal counsel - Mr. Abhinandan Sharma for the petitioner (REC Ltd.) and Mr. Amir Bavani for the respondent (Srikanth Renewables).
Final Outcome
The matter has been adjourned to 29th July 2026 at the request of both parties. No substantive hearing on the merits of the insolvency petition took place during this session.
Topics: Insolvency Proceedings, Power Sector, NCLT