Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench
Order Date: 16th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard CP (CAA) No.17/ALD/2026 in CA (CAA) No.07/ALD/2026, which represents the second motion for a scheme of arrangement involving Radico Khaitan Limited and Spiritz India Private Limited. The petition was filed under Sections 230/232 of the Companies Act, 2013, typically used for schemes of arrangement, amalgamation, or compromise. The matter came before a bench consisting of Sh. Praveen Gupta (Hon'ble Member Judicial) and Sh. Ashish Verma (Hon'ble Member Technical). Ms. Hita Sharma, Advocate, appeared for the petitioner companies through physical/virtual hearing.
Final Outcome
The NCLT adjourned the hearing to 20th July, 2026, to be shown in the supplementary list, following a request from the learned counsel representing the petitioner companies. No substantive hearing or decision on the merits of the scheme occurred during this session.
Topics: NCLT Proceedings, Corporate Restructuring, Scheme of Arrangement