Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 12 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench - II heard Company Petition No. 43/59/HDB/2026 filed under Section 59 of the Companies Act. The petition was filed by Dundoo Raghunandan (Petitioner) against Hotel Parklane Pvt Ltd and six other respondents. The hearing was conducted in hybrid mode (VC and physical) on 12 June 2026 at 10:30 AM before a bench comprising Shri Rajeev Bhardwaj (Hon'ble Member - Judicial) and Shri Sanjay Puri (Hon'ble Member - Technical).
Final Outcome
The Tribunal adjourned the matter to 24 September 2026. The petitioner was directed to issue notices to all respondents and publish the notice in leading newspapers (one English and one vernacular language). The petitioner must file proof of service by way of an affidavit before the next hearing date. Respondent No. 5 was represented by counsel Ms. Vismaya (from the office of Mr. VVSN Raju), who accepted service and was directed to file vakalath and counter.
Topics: NCLT Proceedings, Corporate Law, Legal Dispute