Authority: National Company Law Tribunal (NCLT), Indore Bench, Court No. 1
Order Date: 16/07/2026
Case Overview
The matter before the tribunal is TP (Transfer Petition) 187 of 2019, which arose from Company Appeal 266 of 2018. The proceedings are under Section 59 of the Companies Act, 2013, and the case involves Dr. Neena V Patel as the applicant versus Akhand Jyoti Trading Ltd & Others as respondents. The bench comprised Hon'ble Shri Brajendra Mani Tripathi, Member (Judicial), and Hon'ble Shri Man Mohan Gupta, Member (Technical).
During the hearing, the learned counsel for the applicant submitted that all disputes between the parties have been referred to mediation by the Hon'ble High Court of Madhya Pradesh and that these mediation proceedings are currently ongoing. On this ground, the counsel requested a short accommodation or adjournment from the tribunal.
Final Outcome
The tribunal allowed the request for an adjournment. Consequently, the matter has been adjourned and is now posted for the next hearing on 21st September 2026.
Topics: NCLT Proceedings, Company Law Dispute, Mediation