Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 06.07.2026
Case Overview
The matter pertains to Company Application No.735/2019 filed in Company Petition No.550/241/HDB/2019 under Section 241 of the Companies Act, 2013. The petition involves allegations of oppression and mismanagement against Forel Labs Pvt Ltd and three other respondents, filed by Indrakanti Kamesawara Rao and three other petitioners. The hearing was conducted in virtual and physical (hybrid) mode before a bench comprising Shri Rajeev Bhardwaj (Hon'ble Member - Judicial) and Shri Sanjay Puri (Hon'ble Member - Technical).
Final Outcome
The Tribunal noted that the amended cause title had not been filed and directed the petitioners to file the same within one week. The matter was adjourned to July 27, 2026, for further hearing.
Topics: NCLT Proceedings, Corporate Dispute, Company Law