Case Details

Case Name: Lakshmi Narain Agarwal Vs. Lakshmi Float Glass Limited

Court/Authority: National Company Law Tribunal (NCLT), New Delhi Court-IV

Case Number: CP/35/ND/2026 with connected CA/89/ND/2026

Date of Order: 19 May 2026

Legal Provisions: Case filed under Section 241-242 of the Companies Act, 2013 (pertaining to oppression and mismanagement)

Parties Involved

Petitioner/Applicant: Lakshmi Narain Agarwal

Represented by: Mr. Saurabh Kalia, Laxmi Chaudhary, Mr. Rakesh Wadhwa, Ms. [surname not provided] Advocates

Respondent: Lakshmi Float Glass Limited (and others identified as R-1 to R-8 and R-10 to R-13)

Represented by: Dr. U.K. Chaudhary (Senior Advocate), Mr. Ajay Garg, Mr. Mansumyer Singh Advocates

Tribunal Bench

  • Shri Mahendra Khandelwal, Hon'ble Member (Judicial)
  • Shri Atul Chaturvedi, Hon'ble Member (Technical)

Proceedings & Final Ruling

The hearing was conducted in hybrid mode (physical and video conference).

Due to paucity of time, the case was adjourned to the next date of hearing: 04 August 2026.

The order was signed by Shri Atul Chaturvedi, Member (Technical).

No findings, observations, penalties, or substantive rulings were issued in this order. The matter remains pending before the NCLT.