NCLT adjourns Baron Infotech CIRP hearings to August 13, 2026

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

Price reaction

Awaiting price reaction for this filing.

AI summary

Baron Infotech, which is under CIRP, told BSE that NCLT Hyderabad Bench-II adjourned hearings on multiple intervention petitions and a resolution plan application in Company Petition IB No.164/7/HDB/2023 (filed by Avantine Software under Section 7 of IBC) to August 13, 2026. In one IA, pleadings are complete and the matter is awaiting hearing. Dr. Ahalada Rao Vummenthala continues as Resolution Professional.

Likely market impact

Further delays in the insolvency process push resolution to August 2026, prolonging uncertainty for shareholders and creditors.