Case Details

Case Name: In the matter of M/s. Shrinath Rotopack Pvt Ltd. vs M/s. Nusun Genetic Research Ltd.

Court/Authority: National Company Law Tribunal, Hyderabad Bench – 1

Case Number: TP 02/2026

Date of Hearing: May 22, 2026

Time of Hearing: 10:45 AM

Mode of Hearing: VC and Physical (Hybrid) Mode

Parties Involved

Petitioner: M/s. Shrinath Rotopack Pvt Ltd., represented by its Commercial Manager Mr. Narender Babu A.

Respondent: M/s. Nusun Genetic Research Ltd., represented by Director Mr. Vidya Sagar Paruchuri

Legal Counsel: Mr. Mayur Mundra (for Petitioner)

Bench: Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial) and Sh. Sanjay Puri, Hon'ble Member (Technical)

Legal Basis

The petition was filed under Sections 433(e), 433(f), 434(1)(a), 434(1)(c), and 439(1)(b) of the Companies Act, 1956, which pertain to circumstances for winding up of companies, including inability to pay debts and just and equitable grounds.

Proceedings & Directions

The hearing was held on May 22, 2026. The Registry was directed to file an office report along with the Company Petition (CP) within three weeks from the hearing date. The matter was adjourned to June 18, 2026 for further proceedings.

Current Status

The case remains pending before the NCLT Hyderabad Bench. No findings, observations, penalties, or final rulings have been made at this stage. The matter is scheduled for next hearing on June 18, 2026.