Authority: National Company Law Tribunal (NCLT), Chandigarh Bench (Court – I)
Order Date: 12 June 2026
Case Overview
This order pertains to two interconnected cases: COMP.APPL/89(CH)2026 and CP No. 42/Chd/Hry/2026. The applicant in COMP.APPL/89(CH)2026, Yassh Deep Builders LLP and Others, filed an application under Rule 11 of the NCLT Rules, 2016, seeking the dismissal of the main company petition (CP No. 42/Chd/Hry/2026). The main petition was filed by Balwan Singh against the respondents. The tribunal had previously passed an interim order on 22 May 2026 in favor of the petitioner (Balwan Singh) after hearing both parties and being satisfied of a prima facie case.
The tribunal observed that once an interim order is passed after hearing both parties, the proper course for the applicants/respondents (Yassh Deep Builders LLP) is not to file an application to vacate it but to seek a decision on the main case based on its merits. The tribunal declined to decide on issues like maintainability separately to avoid dragging the matter on for a long time.
Final Outcome
The application (COMP.APPL/89(CH)2026) seeking dismissal of the main petition was effectively dismissed. The tribunal directed the applicants/respondents (Yassh Deep Builders LLP) to file a comprehensive reply to the main company petition (CP No. 42/Chd/Hry/2026) within one week, raising all available pleas including maintainability. The petitioner (Balwan Singh) is to file a rejoinder within two weeks thereafter. The interim order dated 22 May 2026 is extended until the next date of hearing. Both matters are listed for final hearing on 03 July 2026.
Topics: NCLT Proceeding, Interim Order, Corporate Dispute