POWER TRUST (PROMOTOR OF HIRANMAYE ENERGY LTD.) vs BHUVAN MADAN (INTERIM RESOLUTION PROFESSIONAL OF HIRANMAYE ENERGY LTD.) — MA 829/2026

Case under Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016 Section XVII-B. Status: Disposed.

Disposed

CNR: SCIN010167182026

Filing Date

18-Mar-2026

Registration No

MA 829/2026

Diary Number

16718/2026

Order Date

06-Apr-2026

Document Type

ROP - of Main Case

Disposal Type

Disposed Off

Last updated 18-Jun-2026

Acts & Sections

Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016 Section XVII-B

Petitioner(s)

  1. 1.POWER TRUST (PROMOTOR OF HIRANMAYE ENERGY LTD.)

    Adv. VAIBHAV NITI BY COURTS MOTION

Respondent(s)

  1. 1.BHUVAN MADAN (INTERIM RESOLUTION PROFESSIONAL OF HIRANMAYE ENERGY LTD.)

    Adv. S. S. SHROFF[caveat] CYRIL AMARCHAND MANGALDAS AOR[R-1]

Case History

  1. Case disposedDisposed

  2. 06-Apr-2026

    ROP - of Main CaseView PDF

  3. 06-Apr-2026

    Mention Memo

    Hon'ble The Chief Justice and Hon'ble Mr. Justice Joymalya Bagchi

  4. 18-Mar-2026

    Case filed

    Registration No. MA 829/2026

casestatus.in Summary

Case Summary: MA 829/2026 The Supreme Court clarified its prior judgment dated 18.02.2026 regarding the release of deposited amounts in this insolvency-related appeal. The court ordered that Rs. 25 crore deposited by Adwita Finvest Pvt. Ltd. and Rs. 100 crore deposited by Credit Solutions India Trust (both on behalf of Power Trust) be released with interest to their respective entities. The Registry was directed to complete the necessary formalities within two weeks from 06.04.2026, and the miscellaneous application was disposed of accordingly. This case analysis is maintained by casestatus.in based on publicly available court records.

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