Authority: National Company Law Tribunal, Hyderabad Bench – II
Order Date: 19 June 2026
Case Overview
This is an order from a hearing concerning Company Petition No. CP/32/241/HDB/2026, filed under Section 241 of the Companies Act, 2013. The petition is filed by AR Brown Co. Ltd (Petitioner) against Vannsh Life Sciences Pvt Ltd and four other respondents. The nature of a petition under Section 241 typically relates to allegations of oppression and mismanagement in the affairs of a company. The hearing was conducted in a hybrid mode (VC and Physical). The bench was composed of Shri. Rajeev Bhardwaj, Member (Judicial) and Shri. Sanjay Puri, Member (Technical).
Counsel representation was as follows: Mr. Suryanarayana appeared for the Petitioner/Applicant; Ms. CS Kushbu Vijayvari appeared for Respondents No. 2 & 3; Mr. Vasisht appeared for Respondent No. 5. Despite being served, no one appeared for Respondents No. 1 & 4.
The tribunal's order was procedural, focusing on the next steps for filing pleadings. Respondents No. 2, 3, and 5 were granted three weeks to file their counter-affidavits. The petitioner was given a subsequent period of two weeks to file a rejoinder, if necessary.
Final Outcome
The matter was adjourned to 06 August 2026 for further hearing. No substantive decisions on the merits of the oppression and mismanagement allegations were made in this order.
Topics: NCLT, Corporate Dispute, Oppression & Mismanagement