Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 09.06.2026
Case Overview
The matter involves Company Petition CP-99/241-242/ND/2026 filed by Hemant Mann (Applicant) against Cloudstuff Technology Pvt. Ltd. (Respondent) under Sections 241-242 of the Companies Act, 2013, which pertain to provisions regarding oppression and mismanagement in companies. The hearing was conducted through hybrid mode (VC and Physical). Legal representation was present for the Applicant, including Advocates Devesh Kumar Cahuvia, Amrita Sarkar, Ashish Kumar Singh, and Gitesh Sinha. The bench comprised Hon'ble Member (J) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (T) Sh. Atul Chaturvedi.
Final Outcome
The Tribunal noted "No time left" and adjourned the matter without passing any substantive orders. The case has been relisted for the next hearing on 07.07.2026. This appears to be a procedural adjournment rather than a substantive ruling on the merits of the oppression and mismanagement allegations.
Topics: NCLT Proceedings, Corporate Oppression, Company Law