Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 16/07/2026
Case Overview
This is an order in TP 188 of 2019 [Co. Appeal 267 of 2018], a proceeding under Section 59 of the Companies Act, 2013. The matter involves Dr. Neena V Patel as the Applicant and Paramjyoti Tobacco Products Ltd & Others as the Respondents. The bench comprised Hon'ble Shri Brajendra Mani Tripathi, Member (Judicial) and Hon'ble Shri Man Mohan Gupta, Member (Technical). Counsel for the Applicant, Mr. Shubhang Tandon and Mr. Ankit Premchandani (appearing online), informed the tribunal that mediation proceedings between the parties are currently ongoing. It was further submitted that all disputes in this matter have been referred to mediation by the Hon'ble High Court of Madhya Pradesh. Based on this ongoing process, the Applicant's counsel requested a short accommodation (adjournment) from the NCLT.
Final Outcome
The tribunal allowed the request for an adjournment. The matter has been adjourned and is now posted for the next hearing on 21.09.2026.
Topics: NCLT Proceeding, Company Law, Mediation