Authority: National Company Law Tribunal, Bengaluru Bench (Special Bench)
Order Date: 29 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Bengaluru Bench, through its Special Bench comprising Hon'ble Member (Judicial) Shri Sunil Kumar Aggarwal and Hon'ble Member (Technical) Shri Banwari Lal Meena, has adjourned proceedings in CP No. 140/BB/2019. The petition has been filed by the Union of India through the Serious Fraud Investigation Office (SFIO) against M/s Astha Minmet (India) Ltd under Sections 271-272 of the Companies Act, 2013. The matter had already been heard by the regular bench, and the current order serves as a procedural adjournment rather than a substantive ruling on the merits of the case.
Final Outcome
The Tribunal has adjourned the matter and listed it for orders on 20 July 2026. The same special bench will hear the case on that date. No substantive findings, penalties, or directions have been issued in this order, which is purely procedural in nature.
Topics: NCLT Proceedings, Corporate Fraud Investigation, Legal Adjournment