Authority: National Company Law Tribunal, Amaravati Bench
Order Date: 18 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Amaravati Bench heard matter CP/04/241/AMR/2021 involving petitioners Kakarlapudi Venkata Madhata Varma & 3 Others versus respondents K.S.R. Marine Services Pvt. Ltd. & 9 Others. The case was filed under multiple sections of the Companies Act, 2013 including Sections 59, 241, 242, 244(1), 247, and 424(4), along with Rule 11 of NCLT Rules, 2016. Several interlocutory applications were also pending in the matter: IA(Companies Act)/3/2026, IA(Companies Act)/46/2025, IA(Companies Act)/30/2025, IA(Companies Act)/32/2025, IA(Companies Act)/11/2025, IA(Companies Act)/12/2022, and IA(Companies Act)/13/2022.
During the hearing on 18 June 2026, there was no representation on behalf of the petitioners. The respondents were represented by advocate Mr. K. Subrahmanyam. The bench consisted of Shri Kishore Vemulapalli, Hon'ble Member (Judicial) and Shri Umesh Kumar Shukla, Hon'ble Member (Technical).
Final Outcome
The NCLT adjourned the matter and listed it for further consideration on 16 July 2026. The case will be heard along with all the pending interlocutory applications on that date. The order was signed by both members of the bench.
Topics: Corporate Law, Tribunal Proceeding