Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 10 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench-II conducted a hearing in hybrid mode (VC and physical) regarding two connected matters involving Krisani Bio Sciences Pvt Ltd. The primary case is Company Petition No. CP (IB) 68/241/HDB/2023 filed under Section 241 of the Companies Act by Mr. Mahesh Kandula against Krisani Bio Sciences Pvt Ltd as the respondent. An Interlocutory Application numbered IA(CA)/66/2024 was also heard in relation to the main petition.
Multiple legal representatives were present during the hearing:
- Mrs. Kavitha Rani, PCS represented the Petitioner
- Ms. Pragati Prajapati represented Respondent No. 1
- Mr. Amir Bavani represented Respondent No. 2
- Ms. P. Madhavi represented Respondents No. 3, 8 and 9
- Mr. S. Naresh Kumar represented Respondents No. 4, 11 to 15
- Ms. G. Sumathi represented Respondents No. 6, 7, 10, 16 & 17
- Ms. Rishika Kumar represented Respondents No. 18 & 19
- Ms. K. Mounika Rao represented Respondent No. 20
- Ms. Sree Ramya appeared for the office of Mr. CV Narasimham, representing Respondents No. 26, 29 & 30
No representatives appeared for the remaining respondents. The bench comprised Shri. Rajeev Bhardwaj (Hon'ble Member - Judicial) and Shri. Sanjay Puri (Hon'ble Member - Technical).
Final Outcome
The Tribunal directed both parties to file a list of dates and events. Arguments were partly heard in both matters. The hearing for both Company Petition/68/241/HDB/2023 and IA(CA)/66/2024 has been adjourned to 05 August 2026 for further proceedings.
Topics: NCLT Proceedings, Corporate Dispute, Hearing Adjournment