Authority: National Company Law Tribunal, New Delhi Court – IV (Special Bench)

Order Date: 14 July 2026

Case Overview

This is a procedural order in a case (CA/80/ND/2026 in CP/12/ND/2026) before the NCLT. The applicant is Anita Jain and the respondent is Shrenik Properties Pvt. Ltd. The petition has been filed under Section 59 of the Companies Act, 2013, which pertains to the transfer of securities and rectification of the register of members. The order notes that learned counsels for both sides were present during a hybrid hearing (physical and video conference). The applicant's counsel sought time to file a rejoinder to the reply already submitted by the respondent company.

Final Outcome

The bench, comprising Member (Judicial) Shri Mahendra Khandelwal and Member (Technical) Shri Yogendra Kumar Singh, granted the applicant one week to file the rejoinder. A copy of this rejoinder must be provided in advance to the opposite side (the respondent). The matter has been adjourned and is now listed for its next hearing before the Regular Bench on 08 September 2026. No substantive decision on the merits of the case was made in this order.

Topics: NCLT, Share Transfer, Companies Act