Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: June 10, 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard five interim applications (IA (IBC) 856/2026, 857/2026, 858/2026, 859/2026, and 881/2026) filed in Company Petition (IB) No.154/95/HDB/2022 under Section 95 of the Insolvency and Bankruptcy Code (IBC). The petitioner is State Bank of India, and the respondent is Maneppali Managatayaru. The matters were heard before a bench comprising Hon'ble Member (Judicial) Shri. Rajeev Bhardwaj and Hon'ble Member (Technical) Shri. Sanjay Puri. The petitioner was represented by counsel Mr. G. Srikanth along with Bankruptcy Trustee Mr. Sivarama Prasad Bhamidi in all applications.
Final Outcome
The Tribunal ordered that notice be issued to the respondents by registered/speed post and through e-mail in all five applications. All matters were adjourned to August 19, 2026, for filing proof of service. No substantive hearing or decision on merits occurred during this proceeding.
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