Authority: National Company Law Tribunal Hyderabad Bench - II
Order Date: June 11, 2026
Case Overview
The National Company Law Tribunal Hyderabad Bench II heard Company Petition IB/96/10/HDB/2026 filed by Reddy Automotive Pvt Ltd under Section 10 of the Insolvency and Bankruptcy Code (IBC). The petition represents a corporate insolvency resolution process initiation by the company itself. The hearing was conducted in hybrid mode (VC and physical) and presided over by Judicial Member Shri. Rajeev Bhardwaj and Technical Member Shri. Sanjay Puri. Mr. Raghunath appeared as learned counsel representing the petitioner company.
Final Outcome
The Tribunal ordered that notices be issued to all creditors as per the list annexed with the petition. The matter has been adjourned to September 24, 2026 for the filing of proof of service of these notices. No substantive decision on the insolvency petition was made during this hearing.
Topics: Corporate Insolvency, NCLT Proceedings, Creditor Notification