Authority: National Company Law Tribunal Guwahati Bench
Order Date: 9 October 2026
Case Overview
The matter involves Company Petition CP/15/GB/2025 filed by Ashok Kumar Soni against Manik Chand and Sons (Jewellers) Private Limited and several individual respondents (Krishan Kumar Soni, Mahatwa Soni, Binod Kumar Soni, and Sarla Soni). The petition has been filed under Sections 241 and 242 of the Companies Act, 2013, read with Sections 56, 59, 62, 100, 101, 118, 169, and 173 of the same Act, along with relevant rules. These sections pertain to allegations of oppression and mismanagement in the affairs of a company.
During the hearing on 9 October 2026, the applicant's arguments were heard by the bench consisting of Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh. The respondents were represented by advocates Mr. R. Banerjee, Mr. M. Moitra, and Mr. S. Gole.
Final Outcome
The tribunal adjourned the matter and scheduled the next hearing for 12 November 2026. On this date, arguments on behalf of the respondents will be heard, followed by a rebuttal from the applicant. Both parties have been granted liberty to file convenience notes, not exceeding three pages, before the next hearing date. No substantive decision on the merits of the case was made in this order.
Topics: NCLT Proceedings, Corporate Governance, Oppression & Mismanagement