Canyon Millers NCLT Hearing Adjourned to October 15

Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench

Order Date: 9th October, 2026

Case Overview

The National Company Law Tribunal (NCLT) Allahabad Bench heard CA (CAA) No.20/ALD/2026, a first motion application filed by Canyon Millers Pvt Ltd with Sainik Industries Pvt Ltd. The application was made under Sections 230/232 of the Companies Act, 2013, which govern schemes of arrangement and compromise including amalgamations. Counsel Sh. Anang Kumar Shandilya with Sh. Anurup Dutta appeared for the applicant companies during the hearing before the bench comprising Sh. Praveen Gupta (Hon'ble Member Judicial) and Sh. Ashish Verma (Hon'ble Member Technical).

Final Outcome

The tribunal granted a request from the counsel representing the applicant companies to adjourn the matter. The hearing was rescheduled to 15th October, 2026, and the case is to be shown in the supplementary list for that date. No substantive rulings on the amalgamation scheme were made in this order.

Topics: NCLT Proceeding, Company Amalgamation, Hearing Adjournment