Authority: National Company Law Tribunal, Hyderabad Bench – 1
Order Date: 11-06-2026
Case Overview
The National Company Law Tribunal (NCLT) Hyderabad Bench heard matter CA (CAA) No. 41/ 60-62 LLP/HDB/ 2025, which is a petition filed under Sections 60 to 62 of the Limited Liability Partnership (LLP) Act, 2008 read with Rule 35(1) of the LLP Rules, 2009. The petition involves M/s. Sun N Sea Estates LLP (Transferor LLP), M/s. Kokanada Properties LLP (Transferee LLP), and their respective partners and creditors. The specific hearing concerned Interlocutory Application (IA) numbered IA (CA) 84/2026 in the main petition.
During the hearing held in hybrid (VC and physical) mode on 11 June 2026 at 1:05 PM, the Learned PCS (Practicing Company Secretary) for the applicant, Mr. GSLN Gupta, stated his intention to withdraw the application. The bench, comprising Sh. Rajeev Bhardwaj (Hon'ble Member - Judicial) and Sh. Sanjay Puri (Hon'ble Member - Technical), noted this submission.
Final Outcome
The tribunal dismissed IA (CA) 84/2026 as withdrawn. The main petition (CA (CAA) No. 41/ 60-62 LLP/HDB/ 2025) remains pending before the NCLT. The order was signed by both members of the bench.
Topics: NCLT Proceeding, LLP Arrangement, Legal Withdrawal