Authority: National Company Law Tribunal, Hyderabad Bench – II

Order Date: 16 June 2026

Case Overview

The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard Company Petition IB/151/95/HDB/2023. The petition was filed by State Bank of India (Petitioner) under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Neha Agarwal (Respondent). The hearing was conducted in a hybrid mode (VC and Physical) on June 16, 2026, at 10:30 A.M. The bench was composed of Hon'ble Member (Judicial) Shri. Rajeev Bhardwaj and Hon'ble Member (Technical) Shri. Sanjay Puri. Legal representation was present for both parties: Mr. VVSN Raju and Ms. Aishwarya for the Petitioner (SBI), and Mr. S. Rajagopalan (for Mr. G. Bhupesh) for the Respondent.

Final Outcome

The Tribunal granted an adjournment at the request of the Learned Counsel for the Respondent, Neha Agarwal. The matter was rescheduled for the next hearing on 30 June 2026. No other directions were issued, and the substantive matter of the petition was not heard.

Topics: Insolvency, Banking