Authority: National Company Law Tribunal, Chandigarh Bench (Court – II)
Order Date: 16 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Chandigarh Bench, comprising Hon'ble Member (Judicial) Shri K. Biswal and Hon'ble Member (Technical) Shri K.K Singh, heard a series of connected matters. The main petition is filed by Pawan Kumar against Shubham Propmart Private Limited under Sections 241-242 and 242(4) of the Companies Act, 2013, and Rule 11 of the NCLT Rules, 2016. The specific case numbers are COMP.APPL/67(CH)2026, COMP.APPL/68(CH)2026, COMP.APPL/91(CH)2026, COMP.APPL/100(CH)2026, and CP No.18/Chd/Pb/2026. Other respondents involved in the proceedings include Haryana Tourism Corporation Limited (Respondent No.5) and HDFC Bank (Respondent No.4). The bench noted that the pleadings in the main matter and all connected applications were not complete.
Final Outcome
The NCLT directed the learned counsels for all parties to complete the pleadings in the main matter and all connected applications within three weeks, noting this was a final opportunity granted for this purpose. The matter was adjourned and listed for the next hearing on 20 August 2026. No substantive ruling on the merits of the petition was made in this order.
Topics: NCLT Proceedings, Corporate Dispute, Pleadings