Case Details

Case Name: Mr. Yogesh Kumar Agarwal & Others vs. M/s. Agarwal Global Steels Limited & Others

Court/Authority: National Company Law Tribunal, Hyderabad Bench - 1

Case Number: CP 07/241/HDB/2025

Related Applications: IA (CA) No. 85/2025 and IA (CA) No. 86/2025 in CP 07/241/HDB/2025

Legal Provision: Section 241 of Companies Act, 2013

Hearing Date: 21-05-2026

Hearing Time: 12:45 P.M.

Hearing Mode: Virtual Court and Physical (Hybrid) Mode

Parties Involved

Petitioners:

  • Mr. Yogesh Kumar Agarwal (P1)
  • Mr. Yogesh Kumar Agarwal HUF (Represented by its Karta Mr. Yogesh Agarwal) (P2)
  • Mrs. Ruchi Agarwal (P3)

Respondents:

  • M/s. Agarwal Global Steels Limited (R1)
  • Mr. L N Agarwal (R2)
  • Mr. Praveen Kumar Agarwal (R3)

Legal Representation:

  • For Petitioners: Mr. S Shashank Reddy, Learned Counsel
  • For Respondents: Mr. S Arun Kumar, Learned Counsel for Respondents No. 1 to 3

Bench Composition:

  • Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial)
  • Sh. Sanjay Puri, Hon'ble Member (Technical)

Procedural Timeline

For Main Petition (CP 07/241/HDB/2025):

  • Last opportunity granted to file rejoinder within three weeks from hearing date
  • Matter adjourned to 03.09.2026

For Interim Applications (IA 85/2025 and IA 86/2025):

  • Respondents directed to file counter within two weeks from hearing date
  • Rejoinder, if any, to be filed within two weeks after counter filing
  • Matter adjourned to 03.09.2026

Final Ruling & Enforcement

The NCLT Hyderabad Bench has adjourned both the main company petition and the interim applications to September 3, 2026. The tribunal has provided specific timelines for filing of rejoinder (for main petition) and counter/rejoinder (for interim applications). The matter remains pending before the tribunal with no final determination on merits at this stage.