Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench comprising Sh. Praveen Gupta (Member Judicial) and Sh. Ashish Verma (Member Technical)
Order Date: 16th July, 2026
Case Overview
This is an order from a hearing in CA No.08/2026 in CP No.09/ALD/2026. The case is titled 'Vivek Gupta & Anr. V/S Lakshmirattan Cotton Mills Company Limited & Ors.' and is being heard under Sections 241 and 242 of the Companies Act, 2013, which pertain to oppression and mismanagement in a company. The petitioner was represented by Sh. Vishwanathan Iyer, Ms. Yeshasvi Shrivastava, and Sh. Vipin Kumar Kushwaha. The petitioner's counsel informed the bench that a reply from the respondents is still awaited.
Final Outcome
The Tribunal directed that all pleadings be completed and exchanged between the parties on or before the next date of hearing. The matter has been adjourned and is now listed for further hearing on 20th August 2026. The bench ordered that the existing interim order shall continue until the next hearing.
Topics: Corporate Law, NCLT Proceeding