Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 29-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard CP (IB) No. 85/9/HDB/2025, an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by Operational Creditor M/s. Shamrock Pharmachemi Pvt Ltd against Corporate Debtor M/s. Vibgyor Drugs Pvt Ltd. The hearing was conducted in hybrid mode (VC and physical) on 29th June 2026 at 12:05 PM before a bench comprising Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Both parties were represented by counsel - Mr. Rohan Agarwal for the Operational Creditor and Mr. Anirudh Vittaldevuni for the Corporate Debtor.
Final Outcome
At the request of the Operational Creditor's counsel, the matter was adjourned to 26th October 2026 for hearing. No substantive decision on the merits of the insolvency petition was made during this hearing.
Topics: Insolvency Proceeding, NCLT Hearing, Pharmaceutical Sector