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. 245/95/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 Pochana Sreenivas Reddy and another individual. The hearing was conducted in hybrid mode (virtual and physical) and was presided over by a bench consisting of Hon'ble Member (Judicial) Sh. Rajeev Bhardwaj and Hon'ble Member (Technical) Sh. Sanjay Puri. Both parties were represented by their respective legal counsels - Mr. Shrinivas Deshmukh for the petitioner and Mr. Sri Krishna Raya for the respondents.
Final Outcome
The Tribunal adjourned the hearing matter to 30th September 2026. No further substantive proceedings or decisions were recorded in this order.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Debt