Authority: National Company Law Tribunal, New Delhi Bench (Court – II)
Order Date: 09.06.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard Company Petition No. CP-87/241-242/ND/2021 along with connected applications CA-372/ND/2022 and CA-492/ND/2022. The petition was filed by Sunil Singhal against Frisco Fab Dying & Printing Pvt.Ltd. & Others under Section 241 of the Companies Act, 2013, which pertains to provisions for relief in cases of oppression and mismanagement.
The hearing was conducted through hybrid mode (both virtual conference and physical appearance). Legal counsel was present for both parties: Advocates Naveen Sharma and Ayushi Agarwal represented the Petitioner/Applicant, while Advocates Siddharth Shankar, Sharique Ajmal, and Dhruv Panwar appeared for the Applicant in CA-492/2022.
Final Outcome
The Bench comprising Member (Judicial) Ashok Kumar Bhardwaj and Member (Technical) Atul Chaturvedi noted that there was no time left to hear the matter. Consequently, the case was adjourned and listed for the next hearing on 18.08.2026.
Topics: NCLT Proceedings, Corporate Oppression, Adjournment