Authority: National Company Law Tribunal Mumbai Special Bench Court II
Order Date: 29 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Mumbai Special Bench Court II heard Restoration Application No. 7/2026 in TP/82(MB)2010. The matter involves Geetaben A Patel (Petitioner) versus Kalpita Builders Pvt Ltd & Others (Respondents). The proceedings are conducted under Sections 241(1) and 242(4) of the Companies Act, 2013, and Rule 11 of the NCLT Rules, which pertain to allegations of oppression and mismanagement in the affairs of a company.
During the hybrid hearing on 29 June 2026, the petitioner was absent with no representation. The respondent Kalpita Builders Pvt Ltd was represented by Advocate Sunil Kadam. The bench comprised Hon'ble Member (Technical) Shri Charanjeet Singh Gulati and Hon'ble Member (Judicial) Shri Ashish Kalia.
Final Outcome
The tribunal, noting the absence of the petitioner and acting in the interest of justice, granted one final opportunity for the petitioner to appear before the tribunal. The matter has been adjourned and listed for further consideration on 24 August 2026. No substantive decisions on the merits of the restoration application or the underlying oppression and mismanagement allegations were made during this hearing.
Topics: NCLT Proceedings, Company Law Dispute, Real Estate