Case Details

Case Name: In the matter of SREI Equipment Finance Ltd (Petitioner) AND SRK Constructions and Projects Pvt Ltd (Respondent)

Authority: National Company Law Tribunal, Hyderabad Bench – II

Case Number: IB/60/7/HDB/2025

Petition Filed Under: Section 7 of the Insolvency and Bankruptcy Code (IBC)

Hearing Date: 20 May 2026

Hearing Time: 10:30 A.M.

Hearing Mode: VC and Physical (Hybrid) Mode

Parties Involved

Petitioner: SREI Equipment Finance Ltd

Represented by: Ms. Sanjana Proddatoori, Counsel from the office of Mr. Dishit Bhattacharjee

Respondent: SRK Constructions and Projects Pvt Ltd

Represented by: Ms. Sandhya Rani, Counsel

Bench: Shri. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri. Sanjay Puri, Hon'ble Member (Technical)

Order & Final Ruling

A memo was filed for the withdrawal of the present Petition. Accordingly, the National Company Law Tribunal dismissed Company Petition IB/60/7/HDB/2025 as withdrawn. Liberty was granted to the Petitioner, SREI Equipment Finance Ltd, to revive or restore the petition if there is any breach of the settlement terms that were reached between the parties.