Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 10/06/2026
Case Overview
This is a proceeding under Section 59 of the Companies Act, 2013. The applicants are Rahul Sushilkumar Khandelwal & Others, and the respondents are Khandelwal Finstock Private Limited & Others. An affidavit of service report was filed by the applicant on 04/06/2026 (Inward No. D 4486), confirming that notice upon Respondents R-1 to R-3 was successfully served/delivered via registered post and e-mode on 18/05/2026. Despite this due service, none of the respondents appeared before the tribunal or filed any response, reply, or objection within the granted time.
Final Outcome
The tribunal, comprising Member (Technical) Mr. Sanjeev Sharma and Member (Judicial) Mr. Shammi Khan, granted a final opportunity of one week to the respondents to appear and file their reply. The order stipulates that if the respondents fail to appear or file a response within this extended period, the matter will be proceeded ex-parte in their absence on the next date of hearing. The applicant was directed to serve a copy of this order upon the respondents through all modes within three days and to file proof of service. Any rejoinder is to be filed well before the next hearing. The matter has been relisted for further consideration on 25/06/2026.
Topics: NCLT, Companies Act, Procedural Order