SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2026 Supreme(Online)(NCLT) 396

NATIONAL COMPANY LAW TRIBUNAL
State Bank of India – Appellant
Versus
MADHUCON INFRA LIMITED – Respondent


Advocates:
For the Petitioner:P Ravi Charan
For the Respondent:Raja Shekar Rao Salvaji

S.No.1 VC AND PHYSICAL (HYBRID) MODE ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON

20.01.2026 AT 10:30 A.M.

Company Petition IB/152/7/HDB/2023 U/s 7 of IBC IN THE MATTER OF:

State Bank of India …Petitioner AND Madhucon Infra Ltd …Respondent C O R A M:-

SHRI. RAJEEV BHARDWAJ, HON’BLE MEMBER (JUDICIAL)

SHRI. SANJAY PURI, HON’BLE MEMBER (TECHNICAL)

O R D E R Orders pronounced, recorded vide separate sheets. In the result, Company Petition IB/152/7/HDB/2023 is, therefore, disposed of, with liberty reserved in favour of the Financial Creditor to institute appropriate proceedings under Section 7 of the IBC against the Corporate Debtor/Corporate Guarantor only upon failure of the Principal Borrower to realise the arbitral award, or in the event of any material change in circumstances impairing its ability to discharge the debt in default.

Sd/- Sd/-

MEMBER (T) MEMBER (J)

Vamsi u/s 7 of the IBC, 2016 In the matter of M/s Madhucon Infra Limited BETWEEN:

State Bank of India SAM Branch- II, D. No. 3-4-1013/A, 1st Floor, Commuter Amenity Centre (CAC)

TSRTC Bus Station, Kachiguda, Hyderabad- 500 027 …Petitioner/Financial Creditor AND M/s Madhucon Infra Limited Reg.Office at:

Madhucon House, Plot No.1121

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top