Authority: National Company Law Tribunal Chandigarh Bench (Court - II)
Order Date: 16 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Chandigarh Bench heard Company Application No. COMP.APPL/109(CH)2026, filed by Loveleen Dhaliwal Singla (Petitioner in CP No.16/Chd/Chd/2025) against LSR Infracon Private Limited & Others. The application was filed under Sections 241-242 and 242(2) of the Companies Act, 2013, seeking the suspension and removal of Respondents No. 2 and 3 from their positions as directors of the company.
The Tribunal noted that in its previous order dated 07 July 2026, it had directed Respondents No. 2 and 3 to provide a list of machineries and their locations within one week, with the warning that failure to comply would lead to consideration of their removal from company management.
Final Outcome
The Tribunal issued formal notice of the company application to all respondents. Counsel for Respondents No. 2 and 3 (Mr. Ashutosh Hasija and Mr. Sushant Kareer respectively) appeared and accepted notice, thereby dispensing with the requirement of formal service. These respondents were directed to file their replies within one week, with advance copies to the opposite counsel.
For the remaining respondents, the applicant was directed to collect notices from the Registry and serve them via speed post and email, attaching the application, entire paper book, and copy of the order. The applicant must file an affidavit of service supported by postal receipts, tracking reports, and email copies within one week. All respondents must file replies within one week.
The matter has been listed for next hearing on 30 July 2026, the same date as the main company petition (CP No.16/Chd/Chd/2025).
Topics: Corporate Governance, Legal Proceedings