Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 16th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench, comprising Member (Judicial) Praveen Gupta and Member (Technical) Ashish Verma, heard multiple connected applications (CA No.273/2018, CA No.54/2019, CA No.235/2019, and CA No.236/2019) in the main company petition CP No.79/ALD/2016. The petition was filed under Sections 241/244 of the Companies Act, 2013, involving Prajnajy Sharma versus Allahabad Galvanising Pvt Ltd & Others.
During the hearing, the counsel representing the Respondents stated that according to his instructions, the matter had become infructuous. Ms. Vatsala Pandey, proxy counsel representing the Petitioner, stated that she would be filing the vakalatnama/memo of appearance by the next date of hearing and needed to seek instructions from the Petitioner regarding maintaining the present petition in light of the Respondents' submissions.
Final Outcome
The Bench adjourned the matter and listed it for the next hearing on 30th July, 2026. No substantive decision on the merits of the case was made during this hearing.
Topics: NCLT Proceedings, Corporate Dispute, Hearing Adjournment