Case Details
Case Name: In the matter of SBM (India) Ltd. vs Mrs. Paruchuri Chandravathi & M/s. Vibha Agrotech Ltd.
Court/Authority: National Company Law Tribunal, Hyderabad Bench – 1
Case Number: CP(IB) No. 196/95/HDB/2024
Legal Provision: Section 95 of Insolvency and Bankruptcy Code, 2016
Hearing Date: 20 May 2026
Hearing Time: 12:35 PM
Mode: Virtual and Physical (Hybrid)
Parties Involved
Petitioner: SBM (India) Ltd.
Respondents: Mrs. Paruchuri Chandravathi (Personal Guarantor) and M/s. Vibha Agrotech Ltd.
Tribunal Members: Sh. Rajeev Bhardwaj (Hon'ble Member - Judicial) and Sh. Sanjay Puri (Hon'ble Member - Technical)
Legal Representation: Mr. Yash Dhruva (Counsel for Petitioner), Mr. Paras Mithal (Counsel for Personal Guarantor), Mr. Ramesh Babu (Counsel for Resolution Professional)
Final Ruling & Enforcement
The matter has been adjourned to 17 June 2026 at the request of the Learned Counsel for the Personal Guarantor. No substantive orders were passed in this hearing beyond the adjournment.