Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 09.06.2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Court-IV, heard matter CP/59/ND/2023 involving Bagaraia Derivative Services Private Limited as the applicant. The proceedings were conducted under Section 66(1) of the Companies Act, 2013. The hearing was conducted in hybrid mode (physical and video conference). Representation was present for both the applicant and the monitoring committee, with Advocate Varun Jain appearing for the monitoring committee. The bench consisted of Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi.
Final Outcome
The tribunal adjourned the case to 30.06.2026 due to paucity of time. The order was signed by Member (Technical) Shri Atul Chaturvedi. No substantive rulings, penalties, or determinations were made in this hearing.
Topics: NCLT Proceedings, Corporate Law, Adjournment