Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 08/06/2026
Case Overview
The matter involves proceedings under Sections 397-398 of the Companies Act, 1956, pertaining to allegations of oppression and mismanagement. The applicant is Mr. Kamal R Sharma & Others, and the respondent is Gujarat Liqui Pharmacaps Pvt Ltd & Others. The case has been ongoing with previous hearings, including substantial submissions heard on May 26, 2026.
During the intervening period between hearings, the petitioner filed additional submissions in person dated June 1, 2026, which were uploaded to the system on June 6, 2026. In these submissions, the petitioner requested permission to prosecute the matter in person without legal counsel and asked for the case to be considered on merits based on existing pleadings.
Final Outcome
The tribunal granted one opportunity for the petitioner to make oral arguments on the next hearing date. The petitioner's counsel, Ms. Natasha Dhruvan Shah, formally withdrew her appearance from the case following the petitioner's personal submissions. As the petitioner was not present on June 8, 2026, the registry was directed to serve a copy of the order and ensure the petitioner remains present (physically or virtually) for the next hearing. The case has been adjourned and will be re-listed for further concluding arguments on June 24, 2026.
Topics: Shareholder Dispute, Corporate Governance