Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 11th June 2026
Case Overview
The National Company Law Tribunal, New Delhi Bench (Court-II) heard matter CP CA (CAA) -96/ND/2025 involving Jewel Strips Pvt. Ltd. and Garvi Enterprises Private Limited as applicants/petitioners. The matter pertains to a composite scheme of arrangement under Sections 230-232 of the Companies Act, 2013. The hearing was conducted through hybrid mode (virtual and physical). Professional Company Secretary Mohit Gulati represented the applicants. Due to time constraints as the hearing extended until 1:00 PM, no substantive arguments could be presented.
Final Outcome
The Bench comprising Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi adjourned the matter and listed it for next hearing on 11th August 2026. No substantive orders were passed beyond the adjournment.
Topics: Corporate Merger, NCLT Proceedings