Authority: National Company Law Tribunal, Division Bench (Court– I), Chennai
Order Date: 17 June 2026
Case Overview
This order pertains to Application No. CA(CAA)/54(CHE)/2026, filed by M K K Metal Sections Pvt Ltd. The application is a first motion filed in relation to a Composite Scheme of Arrangement, proposed under Sections 230-232 of the Companies Act, 2013. The matter came up for a hearing before the bench comprising Hon'ble Shri. Sanjiv Jain, Member (Judicial) and Hon'ble Shri Venkataraman Subramaniam, Member (Technical). The applicant was represented by Learned Counsel Ms. Arthi Fernandez. The hearing was conducted through video conference.
Final Outcome
The Tribunal issued a procedural direction, ordering the applicant to file a hard copy of the application for its consideration. The application has been listed for its next hearing and consideration on 08 July 2026.
Topics: Corporate Restructuring, NCLT Proceeding, Scheme of Arrangement