Authority: National Company Law Tribunal, New Delhi Court - IV (Special Bench)
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard an application filed by Besties Trading Private Limited under Section 66 of the Companies Act, 2013, which pertains to the reduction of share capital. The matter was heard before a bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Yogendra Kumar Singh through hybrid hearing (physical and video conference). The applicant was represented by Ms. Rekha Mittal, Practising Company Secretary as the authorized representative, while the Regional Director was represented by Assistant Director Aruna M.
Final Outcome
The tribunal noted that the Regional Director's report and the applicant's reply to the observations in the RD's report are on record. The matter has been adjourned for consideration to 8 September 2026. No substantive decision on the capital reduction application was made in this hearing.
Topics: NCLT Proceedings, Capital Reduction, Corporate Law