Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 8th June, 2026
Case Overview
The order pertains to CA No.19/2026 in TP No.72/ALD/2016 (CP No.64/ND/2013), a petition filed under Sections 397/398 of the Companies Act, 1956. The parties involved are Rakesh Mahajan & Ors (Applicant/Petitioner) versus M/S B.D. Mahajan & Sons Pvt Ltd & Ors. The petition concerns oppression and mismanagement allegations under the companies act.
During the hearing on 8th June 2026, Sh. Yash Tandon, Advocate representing the Applicant/Petitioner, argued briefly and then requested an adjournment. The counsel stated that since the main matter is scheduled for hearing on 11th June 2026, this application should also be deferred to the same date.
Final Outcome
The bench comprising Sh. Praveen Gupta (Member Judicial) and Sh. Ashish Verma (Member Technical) granted the adjournment request. The application (CA No.19/2026) will now be heard on 11th June 2026, when the main matter is already listed for hearing.
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