Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 12 June 2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Bench IV, comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi, heard Company Application No. CA/148/ND/2026 in Company Petition No. CP/182/ND/2025. The matter involves Sanjeev Sagar as the Applicant versus Imperial Fastners Pvt Ltd as the Respondent, filed under Section 241 of the Companies Act, 2013, which pertains to provisions concerning oppression and mismanagement in companies.
The hearing was conducted in hybrid mode (physical and video conference). Legal representation was present for both parties: Advocates Gautam Singhal, Rajat Chaudhary, and Anajali Maurya appeared for the Applicant. For the Respondent, Advocates Shailendra Singh, Siddharth Sikri, and Abhyuday Dhasmana appeared for R-5, while Mr. GP Madaan, Mr. Akhand Pratap Singh, and Mr. Rahul Narula appeared for R-1 to R-4.
Final Outcome
Due to paucity of time, the Bench adjourned the case. The next hearing is scheduled for 14 July 2026. The order was signed by Shri Atul Chaturvedi, Member (Technical).
Topics: Corporate Law, NCLT Proceedings