Authority: National Company Law Tribunal, Bengaluru Bench

Order Date: 09.10.2026

Case Overview

The petition was filed by Shakthi Healthy Fresh Meats Private Limited under Sections 230-232 of the Companies Act, 2013, which pertain to schemes of arrangement or compromise. The matter was heard by a bench comprising Judicial Member Shri. Sunil Kumar Aggarwal and Technical Member Shri. Radhakrishna Sreepada. Counsels representing the petitioner company and the Income Tax department were present. The principal matter before the tribunal was the consideration of the scheme, pending the submission of reports from statutory authorities, including the Income Tax department concerning the Transferee Company.

Final Outcome

The tribunal granted a final opportunity of two weeks to the statutory authorities to submit their requisite reports. Upon receipt of these reports, the petitioner company is directed to file a compliance affidavit. The matter has been adjourned and is now listed for further orders on 06.11.2026.

Topics: NCLT Proceeding, Scheme of Arrangement, Corporate Compliance