Authority: National Company Law Tribunal Hyderabad Bench - 1
Order Date: 09-10-2026
Case Overview
The hearing concerned a petition filed under Section 230 of the Companies Act involving three companies: M/s. R B H Infinity Pvt Ltd (Transferor Company 1), M/s. Mastercampus Pvt Ltd (Transferor Company 2), and M/s. Miles Education Pvt Ltd (Transferee Company). The matter was heard by a bench comprising Shri Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri Sanjay Puri, Hon'ble Member (Technical). Notably, no representative appeared for the petitioner companies during the hearing. Representatives from the Regional Director's office (Mr. Kusum Yadav, Deputy Director), Official Liquidator's office (Mr. Deowrat V Meeshram, Assistant Liquidator), and Income Tax Department (Ms. Rakshitha, Learned Counsel) were present.
Final Outcome
The Tribunal adjourned the matter to October 30, 2026. It noted that the Regional Director (RD) had filed a final report and the Official Liquidator (OL) had filed its first report on the scheme. The petitioner was directed to file a compliance memo addressing the OL's report. The Income Tax Department was also directed to file its reports. The order was signed by both members of the bench.
Topics: Corporate Restructuring, NCLT Proceedings