Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: 14 July 2026
Case Overview
The matter involves an application filed by Mervis Engineering And Infratech Private Limited and Marwar Portfolio Private Limited under Sections 230-232 of the Companies Act, 2013. The case is registered as CP(CAA)/1/ND/2025 and was heard before a special bench consisting of Judicial Member Shri Mahendra Khandelwal and Technical Member Shri Yogendra Kumar Singh. The hearing was conducted in hybrid mode (physical and video conference).
Multiple parties were represented during the proceedings:
- For the Applicants: CA Vijay Kumar Gupta
- For the RBI: Adv. Drishti and Adv. Somya
- For the Regional Director: Ms. Aruna M, Assistant Director, RD NR-1
- For the Income Tax Department: Mr. Sunil Kumar Agarwal (SSC), Ms. Monica Benjamin (JSC), Mr. Gibran Naushad (JSC), Mr. Adeeb Ahmad (Adv), and Ms. Laiba Arif (Adv)
The tribunal noted that pleadings in the matter have been completed.
Final Outcome
The NCLT has adjourned the hearing and listed the matter for next hearing on September 1, 2026. No substantive decisions or directions were issued in this order, which appears to be a procedural adjournment.
Topics: NCLT Proceedings, Corporate Restructuring, Regulatory Hearing