Authority: National Company Law Tribunal, New Delhi Bench (Court - II)

Order Date: June 9, 2026

Case Overview

The National Company Law Tribunal (NCLT) New Delhi Bench heard matters CP-137/241-242/ND/2023 along with several connected applications (CA-173/ND/2025, CA-257/ND/2025, CA-278/ND/2023, CA-234/ND/2025, CA-302/ND/2025, CA-301/ND/2025, CA-65/ND/2026, IA-122/ND/2026). The petition was filed by Veena Gupta against Purnima Buildmart Pvt. Ltd. & Others under Sections 241(1) and 242(4) of the Companies Act, 2013, which pertain to cases of oppression and mismanagement in company affairs.

The hearing was conducted in hybrid mode (virtual and physical) with representation from both parties. The applicant/petitioner Veena Gupta was represented by Senior Advocate Pooja M. Saigal along with Advocate Simrat Singh Pasay. The respondents (Purnima Buildmart Pvt. Ltd. & Others) were represented by Advocate Kanika Singhal. The bench comprised Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi.

Final Outcome

The NCLT bench adjourned the hearing due to time constraints, stating "No time left" in the order. The matter has been listed for the next hearing on August 11, 2026. The order was signed by both members of the bench.

Topics: Company Law Dispute, Hearing Adjournment