NCLT Hyderabad accepts Bankruptcy Trustee's 5th progress report in Sagar Infra Rail International Ltd's insolvency case.
The application was filed under Section 95 of the Insolvency and Bankruptcy Code, 2016.
The matter involves Stressed Assets Management Branch-II as petitioner and Kondapalli Surekha & the company as respondents.
The tribunal allowed the application and disposed of it after taking the report on record.