Authority: National Company Law Tribunal, New Delhi Court – IV (Special Bench)
Order Date: 14 July 2026
Case Overview
The matter involves a petition filed under Sections 241-242 of the Companies Act, 2013 by Naresh Kumaar Jaggi against M/S Seagull Buildwell Pvt. Ltd. & Others, alleging oppression and mismanagement. The case was listed before a special bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Yogendra Kumar Singh. During the hybrid hearing (physical and video conference), counsel for respondents No. 2 and 3 requested an adjournment, stating that their arguing counsel was abroad attending to an arbitration proceeding.
Final Outcome
The tribunal granted the adjournment request and rescheduled the matter for hearing before the Regular Bench on 08 September 2026. The court directed the parties to complete all pleadings in the interim period, if not already completed.
Topics: NCLT Proceedings, Corporate Dispute, Hearing Adjournment