Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 09 June 2026
Case Overview
The matter involves Company Petition No. CP-133/ND/2020 with connected applications CA-719/ND/2020 and CA-720/ND/2020. The petition has been filed by Surender Kumar Gupta (Applicant/Petitioner) against J.M. Housing Limited (Respondent) under Sections 241-242 of the Companies Act, 2013, which pertain to allegations of oppression and mismanagement in the affairs of a company.
The bench comprised Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi. The hearing was conducted through hybrid mode (VC and Physical).
Representation included:
- For the Petitioner: Advocates Eshna Kumar and Astha Agrawal
- For the Respondents: Advocates S. K. Sharma, Avneet Singh Sikka, and Japneet Kaur Kohli for Respondents No. 1 to 4; Advocates Abhirup Dasgupta and Vagisha Tiwari for Respondent No. 8 and 9
Final Outcome
The Tribunal noted "No time left" and adjourned the matter. The case has been listed for the next hearing on 18 August 2026. No substantive hearing or decision on merits occurred in this session.
Topics: Corporate Governance, Legal Proceedings, Real Estate