Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai
Order Date: 17 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai Division Bench heard a first motion application (CA(CAA)/56(CHE)/2026) filed by M N S Metal & Profiles Pvt Ltd under Sections 230-232 of the Companies Act, 2013. The application pertains to a Composite Scheme of Arrangement involving the company. Ms. Arthi Fernandez represented the applicant as legal counsel during the hearing conducted via video conference.
Final Outcome
The Tribunal directed the applicant to file a hard copy of the application for consideration. The matter has been listed for further consideration and hearing on 08 July 2026 before the same bench consisting of Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical).
Topics: Corporate Restructuring, NCLT Proceedings