Case Details

Case Name: IN THE MATTER OF: Cymune Cyber Security Services Pvt Ltd (Transferor Co.) and SHI Solutions India Pvt Ltd (Transferee Co.)

Court/Authority: National Company Law Tribunal, Hyderabad Bench – II

Case Numbers: CP (CAA) No.08/230/HDB/2026 connected to CA (CAA) No.04/230/HDB/2026

Date of Hearing: 21st May 2026 at 10:30 A.M.

Mode of Hearing: VC and Physical (Hybrid) Mode

Section Applied: Section 230 of the Companies Act

Parties Involved

Petitioners: Cymune Cyber Security Services Pvt Ltd (Transferor Company) and SHI Solutions India Pvt Ltd (Transferee Company)

Representation for Petitioners: Mr. Jayesh Khatri, PCS for Mr. DVM Gopal, PCS

Other Attendees: Ms. Kusum Yadav, Assistant Director from the Regional Director office; Mr. Deowrat V Meeshram, Assistant, Liquidator from the Official Liquidator office

Absent: None appeared from the Income Tax Department

Bench: Shri. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri. Sanjay Puri, Hon'ble Member (Technical)

Proceedings & Directions

The Income Tax Department and Regional Director have filed their reports regarding the proposed merger scheme.

The Tribunal directed that a compliance report by the Petitioner to the report filed by the Official Liquidator must be filed within one week.

The matter has been adjourned to 19th June 2026 for further hearing.