Authority: National Company Law Tribunal, Division Bench, Court-II Chennai
Order Date: 09.06.2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Bench heard matters related to TCP/44/2016, a company petition filed under Sections 397/398 of the Companies Act, 1956. The petition involves a dispute between C. Ramachandran (Petitioner) and Srinivasa Balaji Paper Pvt Ltd (Respondent). Three specific applications were listed for hearing: IA/439/2019 (filed under Rule 11 & 14 of NCLT Rules, 2016), EA/1/2019 (filed under Section 424(3) of the Companies Act, 2013), and IA(CA)/264(CHE)2025 (filed under Rule 11 of NCLT Rules, 2016). The hearing was conducted through physical mode before a division bench consisting of Shri. Jyoti Kumar Tripathi (Hon'ble Member - Judicial) and Shri. Ravichandran Ramasamy (Hon'ble Member - Technical).
Final Outcome
The bench noted that the case was partly heard and adjourned the proceedings. All three applications (IA/439/2019, EA/1/2019, and IA(CA)/264(CHE)2025) have been listed for next hearing on 10.07.2026. The Petitioner was represented by PCS Dr. K.S. Ravichandran, while the Respondent was represented by Counsel Mr. K.M. Ashif.
Topics: NCLT Proceedings, Minority Shareholder Dispute, Corporate Governance