Authority: National Company Law Tribunal, Allahabad Bench, Prayagraj
Order Date: 11th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard a matter between petitioner Smt. Kusum Yadav and respondent V.M. Resorts & Restaurants Pvt Ltd. The case is filed under Sections 241/242 of the Companies Act 2013, which pertain to oppression and mismanagement in company affairs. The application (RST. Appl. No.03/ALD/2024) is connected to an earlier company petition (CP No.95/ALD/2017) that was dismissed as withdrawn on 24th March 2021. The bench comprised Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma. Counsel Sh. Shubham Agarwal appeared for the petitioner, while Sh. Bharat Lal Mishra represented the respondents.
During the hearing, the respondent's counsel circulated a written request, though the petitioner's counsel stated they had not received any such communication. The tribunal did not address the substantive merits of the case in this order.
Final Outcome
The NCLT adjourned the matter for further hearing on 30th July 2026. The tribunal directed both parties to complete their pleadings by exchanging them with each other in the interim period. The order represents a procedural adjournment rather than a substantive decision on the oppression and mismanagement allegations.
Topics: NCLT Proceedings, Shareholder Dispute, Corporate Governance