Authority: National Company Law Tribunal, Division Bench (Court– I), Chennai
Order Date: 17 June 2026
Case Overview
The order pertains to a company petition, CP/15(CHE)/2023, filed under Sections 241-242 of the Companies Act, 2013. The petitioner is Balaji Subramanian, and the respondents are ELV Supply Chain solutions & Services Pvt Ltd and Another. The pleadings in the matter are complete. The respondents have filed their objections to a report prepared by a Forensic Auditor. The matter is part-heard, meaning arguments have commenced but are not concluded.
Final Outcome
The bench, comprising Member (Judicial) Shri. Sanjiv Jain and Member (Technical) Shri. Venkataraman Subramaniam, adjourned the hearing. The petition is listed for further arguments on 30 July 2026, which is scheduled to be a physical hearing. The Tribunal also directed the Forensic Auditor to be present on that date.
Topics: NCLT Proceeding, Corporate Dispute, Forensic Audit