Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench
Order Date: 16th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard CP No.96/ND/2016, a case filed under Sections 397/398 of the Companies Act, 1956. The petition involves allegations of oppression and mismanagement between the parties Ram Avtar Aggarwal & Ors (Petitioner) and M/S Anupam Infrabuild Ltd & Ors (Respondent). The matter was listed before a bench comprising Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma.
During the hearing, the petitioner's counsel, Sh. Kinshuk Chatterjee, appeared physically and informed the tribunal that he had recently been engaged in the matter. He confirmed that the vakalatnama (power of attorney) had already been filed and requested additional time to construct his case file.
Final Outcome
The NCLT bench granted the request for an adjournment. The matter has been rescheduled for the next hearing on 20th August, 2026. No substantive arguments on the merits of the oppression and mismanagement allegations were heard during this proceeding.
Topics: NCLT Proceedings, Corporate Dispute, Oppression & Mismanagement