Authority: National Company Law Tribunal, Bengaluru Bench (Special Bench)

Order Date: July 9, 2026

Case Overview

This matter involves a petition filed under Sections 241-242 of the Companies Act, 2013 by Dr. Murali Ramarao Nadig against Molemedd Plus Pvt Ltd. The petition typically concerns allegations of oppression and mismanagement in the affairs of the company. The case is registered as C.P No. 123/BB/2025 and was heard by a bench comprising Judicial Member Shri Sunil Kumar Aggarwal and Technical Member Shri Banwari Lal Meena. Counsel for the petitioner appeared, while Ms. Pooja Saraswat represented Respondent No. 2.

Final Outcome

The Tribunal granted the petitioner's request for additional time to file a rejoinder. Considering the time already availed, a six-week extension was approved. The petitioner must provide a copy of the rejoinder to the respondent's counsel. The case has been adjourned and is next listed for hearing on September 17, 2026.

Topics: Shareholder Dispute, NCLT Proceedings, Corporate Governance