Case Details

Case Names & Numbers:

  • CP No.153/ALD/2020 with connected applications: IA No.184/2020, CA No.185/2020, CA No.186/2020, CA No.11/2021, MA No.03/2021, MA No.15/2021, Cont. A. No.3/2022, Cont. A. No.4/2025 & IA No.53/2025
  • CP No.154/ALD/2020 with connected applications: CA No.49/2021, CA No.16/2025
  • CP No.171/ALD/2020 with connected applications: CA No.10/2021, CA No.19/2021, MA No.16/2021, Cont. A. No.4/2022, IA No.54/2025 & Cont. A. No.5/2025
  • CP No.172/ALD/2020 with connected applications: CA No.48/2021, CA No.21/2024

Court/Authority: National Company Law Tribunal Allahabad Bench Prayagraj

Bench Composition:

  • Ms. Reeta Kohli, Hon'ble Member (Judicial)
  • Shri Ashish Verma, Hon'ble Member (Technical)

Date of Order: 25th May, 2026

Legal Provisions: All cases filed under Sections 241/244 of the Companies Act 2013

Parties Involved

Petitioners:

  • Rachit Agarwal & Others (in CP No.153/ALD/2020 and CP No.171/ALD/2020)
  • Ravishanker & Others (in CP No.154/ALD/2020)
  • Deependra Agarwal & Others (in CP No.172/ALD/2020)

Respondents:

  • Madhusudan Motors Pvt Ltd & Others (in CP No.153/ALD/2020 and CP No.154/ALD/2020)
  • Madhusudan Vehicles Pvt Ltd & Others (in CP No.171/ALD/2020 and CP No.172/ALD/2020)

Legal Counsel:

  • Ms. Aishwarya Doneria with advocates: For the Petitioner in Item Nos.118 & 120 and for Respondent Nos.2 to 6 in Item No.119 & Respondent Nos.2 to 5 in Item No.121
  • Sh. Arun Saxena with Ms. Nalini, advocates: For the Petitioner in Item Nos.119 & 121 and for Respondent Nos.2 to 4 in Item Nos.118 & 120

Final Ruling & Enforcement

The National Company Law Tribunal Allahabad Bench passed the following order:

1. The matter has been adjourned for hearing before the Regular Bench on 06th July, 2026 at 02:30 P.M. upon request made by the learned counsels representing the parties.

2. The photocopy of this order is to be placed on record in all the connected matters.

The order was signed by both members of the bench:

  • Ashish Verma, Member (Technical)
  • Reeta Kohli, Member (Judicial)

Stenographer: Avaneesh Kumar Singh

Note: This is a procedural order for adjournment. The substantive matters relating to allegations of oppression and mismanagement under Sections 241/244 of the Companies Act 2013 remain pending for hearing.