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