Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: June 10, 2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad Bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, heard proceedings in CP/24(AHM)2026. This is a petition filed under Sections 241 and 242 of the Companies Act, 2013 by applicants Nithin Jose & Another against respondent Permionics Membranes Private Limited & Others, alleging oppression and mismanagement.
During the hearing, the learned counsel for the respondent appeared and sought time to file his vakalatnama (power of attorney) and reply to the petition. The tribunal directed the respondent's counsel to file the vakalatnama on the same day (June 10, 2026) and submit the reply within seven days, with a copy to the applicant's side.
Final Outcome
The matter has been adjourned and listed for further consideration on July 30, 2026. This is a procedural order granting time for the respondent to file their formal response to the oppression and mismanagement allegations.
This content describes procedural developments in a legal matter and may not be immediately financially relevant.