Authority: National Company Law Tribunal, Hyderabad Bench – II
Order Date: 06 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench – II heard matters pertaining to TP No.78/397/398/HDB/2016 and CP No.50/2015 filed under Sections 397 and 398 of the Companies Act, 2013. The petition was filed by Surekha Reddy and 46 other petitioners against Divya Retreat Limited and 6 other respondents. The bench comprised Shri Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri Sanjay Puri, Hon'ble Member (Technical). During the hearing, Mr. Sumedh, counsel from the office of Dr. SV Ramakrishan, represented the petitioners, while Mr. V. Harish Kumar represented respondents No. 1, 3, 4, and 5. Necessary documents were filed by the parties as part of the proceedings.
Final Outcome
The NCLT Bench adjourned the hearing and rescheduled it for 07 September 2026. The matter remains pending before the tribunal.
Topics: NCLT Proceedings, Corporate Dispute, Hearing Adjournment