Authority: National Company Law Tribunal Allahabad Bench Prayagraj (Division Bench)
Order Date: 2nd July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard matter CP No.15/11/2004, originally filed under Sections 397/398 of the Companies Act, 1956. The case involved petitioner Akhtar Ali versus respondent M/S. Hind Chemicals Ltd. The matter had previously been dismissed for non-prosecution via an order dated 10th January 2020. Subsequently, a Restoration Application (No.2/2024) was filed, which was heard on 8th January 2026 and ultimately dismissed as withdrawn by the applicant.
During the hearing on 2nd July 2026, counsel for respondent no.1 (Sh. Diggaj Pathak, Adv.) brought this history to the bench's attention and requested that the matter not be taken up further given its procedural history.
Final Outcome
The bench comprising Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma directed the Registry not to list this matter any further. All other attending applications in the case also stand disposed of. The matter is now formally closed with no further proceedings anticipated.
Topics: NCLT Proceedings, Corporate Petition Dismissal