Authority: National Company Law Tribunal, New Delhi Bench (Court – II)
Order Date: 12 June 2026
Case Overview
This order pertains to a petition filed under Sections 397 and 398 of the Companies Act, 2013, which deal with oppression and mismanagement in the affairs of a company. The petitioner is Mr. Ashok Kalra, and the primary respondent is M/s Kalra Pulp & Board Mills Pvt. Ltd. The case is registered as CP-73/ND/2014. The specific application being heard is IA-317/ND/2023. The hearing was conducted in a hybrid mode, combining virtual and physical presence.
Final Outcome
The Tribunal deferred the hearing of the application (IA-317/ND/2023) to 25 August 2026. This adjournment was granted as prayed for by the Learned Counsel for the Respondent. The order was signed by the two-member bench comprising Hon'ble Member (Technical) Sh. Atul Chaturvedi and Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj.
Topics: Corporate Law, NCLT Proceedings