Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench (Sh. Praveen Gupta, Hon'ble Member (Judicial) and Sh. Ashish Verma, Hon'ble Member (Technical))

Order Date: 16th July, 2026

Case Overview

The National Company Law Tribunal (NCLT) Allahabad Bench heard Appeal No.16/ALD/2024 filed under Section 252 of the Companies Act 2013. The appeal involves The Principal Commissioner of Income Tax as the appellant versus M/s Assar Networks (OPC) Pvt. Ltd. and other respondents. Counsel for both parties appeared through physical/virtual hearing: Sh. Amit Mahajan, Senior Standing Counsel represented the Appellant/Income Tax Department, while Sh. Krishna Dev Vyas, Advocate represented the Registrar of Companies (RoC).

Final Outcome

The bench heard the matter and reserved its order. No final ruling, penalties, or directions were issued in this hearing. The order was signed by both members of the bench, Ashish Verma (Member Technical) and Praveen Gupta (Member Judicial).

Topics: NCLT Proceeding, Companies Act Appeal, Income Tax Matter