Authority: National Company Law Tribunal, Hyderabad Bench – 1
Order Date: 29-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard matter CP(IB) No. 253/95/HDB/2023, an insolvency petition filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. The petitioner is Sunway Opus International Private Limited. The respondents are Nomula Ashok Kumar and Another. The hearing was conducted in a hybrid mode (VC and Physical) on 29 June 2026. Both parties were represented by their learned counsel: Mr. Shrinivas Deshmukh for the petitioner and Mr. Sri Krishna Raya for the respondent. The bench comprised Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Sh. Sanjay Puri, Hon'ble Member (Technical).
Final Outcome
The tribunal adjourned the hearing. The matter is now scheduled for the next hearing on 30 September 2026. No other directions, observations, or decisions were recorded in this order.
Topics: Insolvency Petition, NCLT Proceeding, Hearing Adjournment