Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 09-10-2026
Case Overview
The matter concerns a demerger scheme under Section 230 of the Companies Act involving M/s. Evoke Technologies Pvt Ltd (Demerged/Transferor Company) and M/s. Evoke Tech Solutions Pvt Ltd (Resulting Company/Transferee Company), along with their respective shareholders and creditors. The hearing was conducted in hybrid mode (VC and Physical) in Court-II. Representatives from multiple parties were present including learned counsel for the petitioner, Deputy Director from the Regional Director office, Assistant Liquidator from the Official Liquidator office, and counsel for the IT Department.
Final Outcome
The Tribunal adjourned the matter to 30 October 2026. The petitioner was directed to file a compliance memo addressing the reports filed by the Official Liquidator. The IT Department was also directed to file its report. The order was signed by both members of the bench - Member (Technical) and Member (Judicial).
Topics: Corporate Restructuring, NCLT Proceedings