Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 12th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard case CP No.84/ALD/2023 between M/s Lycorin Care Pvt. Ltd. (Petitioner) and the Registrar of Companies (ROC), Kanpur. The matter was being heard under Section 252(3) of the Companies Act, 2013. The petitioner's counsel, Sh. Sundeep Agarwal, appeared through physical/virtual hearing and requested an adjournment to prepare arguments specifically addressing the issue of non-payment of subscription amount by the contributories within the prescribed statutory period. The ROC was represented by Sh. Krishna Dev Vyas, while there was no representation from the Income Tax Department.
Final Outcome
The bench comprising Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma granted the adjournment request. The matter has been rescheduled for the next hearing on 2nd July, 2026.
Topics: NCLT Proceeding, Corporate Compliance, Companies Act