Authority: National Company Law Tribunal, Allahabad Bench, Prayagraj
Order Date: 10th June, 2026
Case Overview
The National Company Law Tribunal (NCLT), Allahabad Bench, comprising Member (Judicial) Praveen Gupta and Member (Technical) Ashish Verma, has admitted a company petition (CP No.35/ALD/2026) filed by Manish Gupta against M/s Corrz Technosolutions Private Limited & Others. The petition has been filed under Sections 241 and 244 of the Companies Act, 2013, which pertain to provisions for relief in cases of oppression and mismanagement. The petition arises from an Extraordinary General Meeting (EGM) held by the company on 4th May 2026.
Final Outcome
The Tribunal issued procedural directions, ordering that notices be issued to the respondents. The respondents are directed to file their reply, if any, within two weeks, with an advance copy to be supplied to the petitioner. The petitioner may then file a rejoinder within one week. Critically, the Tribunal ordered that any resolutions passed during the EGM held on 4th May 2026 will be subject to the final outcome of this petition. The matter has been adjourned for further hearing on 30th July 2026.
Topics: NCLT Proceedings, Corporate Governance, Shareholder Dispute