Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 29-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench - 1 heard matter CP(IB) No. 246/95/HDB/2023 filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by Sunway Opus International Private Limited as petitioner against respondents Polavarapu Prem Kumar & another. The hearing was conducted in hybrid mode (VC and physical) on June 29, 2026 at 12.05 PM. Both parties were represented by counsel - Mr. Shrinivas Deshmukh for the petitioner and Ms. Kopal Sharraf for the respondent. The two-member bench comprised Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri.
Final Outcome
The tribunal adjourned the hearing matter to September 30, 2026. No substantive decisions were made in this order, and the case will be taken up on the next scheduled date.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Debt