Authority: National Company Law Tribunal (NCLT), Division Bench (Court–I), Chennai
Order Date: July 13, 2026
Case Overview
The order pertains to a petition numbered CP(CA)/83(CHE)/2021, filed under Section 241(1) of the Companies Act, 2013. The petitioners are Natarajan Mohanraj & Another, and the respondents are Granrock Tiles Pvt Ltd & Others. Section 241 deals with applications to the Tribunal for relief in cases of oppression and mismanagement. The hearing was attended by learned counsel for both parties, Mr. Bathrinarayan for the petitioners and Mr. Dinesh for the respondents.
Final Outcome
The learned counsel for the respondents submitted that mediation between the parties had failed. The Tribunal granted three weeks' time to the respondents to file their final reply to the petition. Subsequently, the petitioners were given two weeks to file any rejoinder. The petition was adjourned and listed for its next hearing on September 8, 2026. The order was signed by the bench members, Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical).
Topics: NCLT Proceedings, Oppression & Mismanagement