Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 12.08.2026
Case Overview
The appeal challenges the order dated 12.06.2026 passed by the National Company Law Tribunal (NCLT), Kolkata, which dismissed the appellant's company petition. The NCLT dismissed the petition on the grounds of non-fulfillment of conditions contained under Section 244 of the Companies Act, 2013, ruling it as non-maintainable. The appellant, Ashok Gupta, contends that this dismissal was based on wrongful appreciation of facts and law. The NCLAT has determined that the matter requires scrutiny and has admitted the appeal for further proceedings.
Final Outcome
The NCLAT has issued notices to all respondents. Respondents No. 1, 3, 5, and 8 (represented by counsel) are directed to file their counter affidavits to both the company appeal and the stay application within four weeks from the order date (by September 9, 2026). The appellant is instructed to serve notices to the unrepresented respondents (No. 2, 4, 6, 7, and 9 to 13) within 10 days (by August 22, 2026) via supplied email addresses, WhatsApp numbers, and registered/speed post. The matter has been listed for the next hearing on October 5, 2026.
Topics: Legal Proceedings, Corporate Law