Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 29 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard matter CP(IB) No. 255/95/HDB/2023, which is an insolvency petition filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. The petitioner is Sunway Opus International Private Limited, and the respondents are Sudhakar Rao Bandari & Another. The bench comprised Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Legal representation included Mr. Shrinivas Deshmukh for the petitioner and Mr. Sri Krishna Raya for the respondents.
Final Outcome
The hearing was adjourned to 30 September 2026. No substantive proceedings, arguments, or decisions on the merits of the insolvency petition were recorded in this order.
Topics: Insolvency Proceeding, NCLT Hearing, Case Adjournment