Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: 09.06.2026
Case Overview
This order pertains to multiple connected applications (CA. Nos. 181, 182/2024, 88/2025, 107/2025 & 06/2026) within the main Company Petition C.P. No. 67/BB/2024 filed under Sections 241-242 of the Companies Act, 2013. The petitioners are Mr K.L.A Padmanabhasa HUF and Another, while the respondents include Khodays Breweries Pvt Ltd and several others. The matter involves a corporate dispute where petitioners have alleged oppression and mismanagement in the company's affairs.
The key development is that the Hon'ble High Court has set aside CA.No.140/2024 and remanded it back to the NCLT for fresh consideration and disposal. A copy of the High Court's order has been filed with the tribunal through a memo. Regarding CA.181/2024, the counsel for Respondent No.20 and 21 sought time to file objections to the application.
Final Outcome
The NCLT Bengaluru Bench directed the Registry to revive CA 140/BB/2024 for fresh consideration as per the High Court's remand. For CA 181/2024, respondents were granted two weeks to file objections, with the applicant permitted to file a rejoinder in another two weeks. All applications, including the revived CA 140/2024, were listed for the next hearing on July 1, 2026. The interim order previously granted in the matter will continue to remain in effect until the next hearing.
Topics: NCLT Proceedings, Corporate Dispute, Legal Procedure