NCLT Adjourns Pan-Asia Petroleum Case Clarification Hearing

Authority: National Company Law Tribunal (NCLT), Ahmedabad Bench - Court 2

Order Date: 10 July 2026

Case Overview

This is a procedural order in Company Petition (CP) No. 48 of 2018, filed under Sections 241, 242, and 244 of the Companies Act, 2013. The petition involves Shahin Firdosh Contractor as the applicant and Pan-Asia Petroleum Pvt Ltd & Others as respondents. The nature of the underlying dispute is not detailed in this specific order. During the hearing, learned counsel for the applicant, Mr. Jaimin Dave, assisted by Ms. Hirva Dave, submitted that a clarification was required in the matter. Learned counsel for the respondent, Mr. Piyush Luktuke, appeared and submitted that he had also filed for the same clarification.

Final Outcome

The bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, did not rule on the substantive matter. The case was adjourned and listed for further consideration on 7 August 2026.

Topics: NCLT, Company Law Dispute