Authority: National Company Law Tribunal (NCLT), Hyderabad Bench – 1
Order Date: 18-06-2026
Case Overview
This is an order sheet from a hearing for CP No. 11/241/HDB/2026 and an associated Interim Application (IA (CA) 89/2026). The petition was filed under Sections 241 & 242 read with Section 213 of the Companies Act, 2013, which pertain to cases of oppression and mismanagement in a company.
The petitioners are M/s. Meruva Srilatha and Mr. Gollapalli Kishore Kumar Reddy. The respondents are the company, M/s. GKR Marketing Pvt Ltd. (R-1), and its directors, Mr. Sumanth Reddy Rampa (R-2) and Mr. Palaparthi Ambikanadh Reddy (R-3).
The hearing was primarily procedural. Counsel for the respondents, Mr. V Sai Krishna, accepted notice on behalf of all three respondents. The bench, comprising Member (Judicial) Sh. Rajeev Bhardwaj and Member (Technical) Sh. Sanjay Puri, directed the respondents to file their vakalat (power of attorney for their counsel) and their counter-affidavit in response to the petition within four weeks. The petitioners are then given two weeks thereafter to file a rejoinder, if necessary.
Final Outcome
The main company petition (CP) and the interim application (IA) were both adjourned to 17 September 2026 for further hearing. No substantive rulings on the allegations of oppression and mismanagement were made in this order; it only sets the timeline for the filing of written responses.
Topics: NCLT, Company Law, Legal Dispute