State Bank of India vs KKR Infra Projects Adjourned

This order is not relevant to stocks, companies, markets, or the economy. Below is a short summary of the judgement:

Case Details

The National Company Law Tribunal Hyderabad Bench-II heard two interim applications (IA(IBC)/62/2025 and IA(IBC)/1720/2024) in the main case CP(IB) No. 324/95/HDB/2021 under Section 95 of the Insolvency and Bankruptcy Code. The hearing occurred on May 20, 2026, at 10:30 AM in hybrid mode.

Parties Involved

• Petitioner: State Bank of India
• Respondent: Kunam Anil Reddy in the matter of KKR Infra Projects
• Presiding Members: Shri Rajeev Bhardwaj (Member Judicial) and Shri Sanjay Puri (Member Technical)
• Legal Representation: Ms. Siva Praneetha appeared as proxy counsel for the petitioner

Final Ruling

The Tribunal adjourned both interim applications to August 5, 2026, at the request of the petitioner's proxy counsel. No one appeared for the respondent during the hearing. The order represents a procedural adjournment without substantive decision-making on the merits of the case.