Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai

Order Date: 07 July 2026

Case Overview

The hearing concerned Main Petition Number CP/6/2018 filed by R Arumugasami against Saravana Selvarathinam (Trading & Manufacturing) Pvt Ltd and 10 Others (Respondents 1-11). The specific application being heard was Cont.P(CA)/2(CHE)2022. The tribunal noted that hard copies detailing investments made in the company had not been filed as required. The arguing counsel for the case, Shri. Sandeep Kumar Ambalavannan, was reported to be unavailable as he was out of station following a marriage.

Final Outcome

The bench, comprising Member (Judicial) Shri. Sanjiv Jain and Member (Technical) Shri. Venkataraman Subramaniam, granted one week's time to Respondents 1-3 (R1 to R3) to file any objections they may have. The petition and application were adjourned and listed for next hearing on 27 August 2026.

Topics: NCLT Proceedings, Corporate Dispute