Authority: National Company Law Tribunal (NCLT), Hyderabad Bench – II
Order Date: 06.07.2026
Case Overview
The National Company Law Tribunal (NCLT), Hyderabad Bench – II, heard two connected matters in a hybrid (VC and physical) mode hearing. The bench comprised Shri Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri Sanjay Puri, Hon'ble Member (Technical).
The first matter was CP No. 612/241/HDB/2019, a petition filed under Section 241 of the Companies Act by Chalasani Venkateswara Rao & 2 Others (Petitioners) against Andhra Networks Ltd & others (Respondents). The second matter was an Interlocutory Application, IA (CA)/165/2023, filed within the main company petition.
Representation was noted as follows: For the Petitioners in CP No. 612/241/HDB/2019, Mr. Pearl Majithia appeared. For Respondent No.7, Mr. Varun Ambati appeared from the office of Mr. D. Narendar Naik. The remaining respondents were not represented. In IA (CA)/165/2023, Mr. Arjun Ajay appeared for the Applicant, Mr. Pearl Majithia for Respondent No.1, and Mr. Varun Ambati (from O/o. Mr. D. Narendar Naik) for Respondent No.9. The remaining respondents were not represented.
The Learned Counsel for the Applicant in IA (CA)/165/2023 prayed for an adjournment to present arguments.
Final Outcome
The bench allowed the prayer for an adjournment. Both matters, CP No. 612/241/HDB/2019 and IA (CA)/165/2023, were adjourned to the next date of hearing: 01.09.2026. No substantive orders were passed on the merits of the case.
Topics: NCLT, Corporate Dispute, Adjournment