Authority: National Company Law Tribunal, Hyderabad Bench – II
Order Date: 10.06.2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II heard matters related to Company Petition IB/26/241/HDB/2024 filed under Section 241 of the Companies Act, 2013. The petition was filed by Mr. V Niranjan Reddy against Breezy Farms and Resorts Pvt Ltd and eight other respondents, alleging oppression and mismanagement. An Interim Application numbered IA (CA)/120/2024 was also linked to this main petition. Counsel for both parties were present: Mr. M. Govind Reddy for the petitioner and Mr. Koushik Saripella for respondents 1 to 9.
Final Outcome
The hearing for both the main Company Petition (IB/26/241/HDB/2024) and the Interim Application (IA (CA)/120/2024) was adjourned to 02.09.2026. The adjournment was granted at the request of the Learned Counsel representing the respondents (No. 1 to 9).
Topics: Corporate Law, NCLT Proceedings