Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 11/06/2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad heard proceedings under Sections 230-232 of the Companies Act, 2013 concerning a proposed amalgamation scheme involving three applicant companies: Gopalaya Build Estate Private Limited, Adani Transmission Step-Five Limited, and Halvad Transmission Limited. The matter was listed as Item No.201 C.P.(CAA)/20(AHM)2026 in C.A.(CAA)/21(AHM)2026. The tribunal noted that service affidavits filed by the applicant companies on May 25, 2026 (vide Inward No. D-4294) along with publication copies were taken on record. Notices had been served upon the Regional Director, Official Liquidator, and Income Tax Department through e-mode on May 2, 2026 and through Dasti mode on May 5, 2026.
Final Outcome
The Income Tax Department filed its reports for Gopalaya Build Estate Private Limited and Halvad Transmission Limited on May 26, 2026 (vide Inward Nos. R-332 and R-325 respectively), which were taken on record. However, no report was filed for Adani Transmission Step-Five Limited, with the Junior Standing Counsel for the Income Tax Department seeking additional time to file the report pending receipt of PAN details. The Regional Director's representative stated that certain information had been sought from the applicant companies for filing their report, which was still awaited. The counsel for the applicant companies undertook to furnish the requisite information expeditiously. The tribunal adjourned the matter for further consideration on July 2, 2026.
Topics: Corporate Amalgamation, Regulatory Approval, NCLT Proceedings