Authority: National Company Law Tribunal, Bengaluru Bench

Order Date: 09.06.2026

Case Overview

The National Company Law Tribunal, Bengaluru Bench, heard applications CA.Nos.13 and 93/2025 in the main company petition C.P. No. 127/BB/2022. The petition was filed under Sections 241-242 of the Companies Act, 2013 by Mrs. Panathur Krishnareddy Padmavathi against M/s Biomylz Pvt Ltd and other respondents, alleging oppression and mismanagement. The bench comprised Hon'ble Member (Judicial) Shri Sunil Kumar Aggarwal and Hon'ble Member (Technical) Shri Radhakrishna Sreepada. Counsel for Respondents No.1 to 4, Shri Atul Madhavan, informed the tribunal that vakalath (power of attorney) had been filed on the same day via diary number 6744.

Final Outcome

The tribunal extended the existing interim order until the next date of hearing scheduled for 17.07.2026. The case was listed for further proceedings on that date.

Topics: NCLT Proceedings, Corporate Governance, Interim Relief