Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad

Order Date: 18/06/2026

Case Overview

The National Company Law Tribunal (NCLT) Ahmedabad is hearing a petition filed under Sections 241-242 of the Companies Act, 2013 by Ghanshyam Mahendrabhai Patel & Others against Everon Logistics Pvt. Ltd & Others. The matter is registered as CP/33(AHM)2024 along with an Interlocutory Application IA/58(AHM)2026.

The applicants have filed an application under Section 242 of the Companies Act, 2013 read with Rule 11 of the NCLT Rules, 2016 seeking multiple reliefs. The principal allegations include challenging the legality of a Board Meeting purportedly held on 23.09.2025, claiming that all resolutions, decisions and actions taken therein are illegal, unauthorized, procedurally vitiated and non est in law. The applicants seek to have these set aside and rendered inoperative.

Additional allegations include unlawful adjustment and appropriation of deposits aggregating to ₹67,00,000 made from the applicants, and seeking restoration of these amounts. The application also seeks access to all statutory and financial records of the company including audited and unaudited financial statements, ledger accounts, bank statements, loan accounts, directors' remuneration details, employee benefit expenditure, board resolutions and duly signed minutes.

The applicants have sought interim relief including restraint on respondents from taking unilateral corporate, governance-related, financial decisions, convening or conducting Board Meetings or General Meetings, approving financial statements, effecting changes in remuneration, or altering governance structures without prior intimation and participation of the applicants.

Final Outcome

The NCLT has issued notice to Respondent Nos. 1 (Everon Logistics Pvt. Ltd) and 10, returnable by the next date of hearing. The applicant is directed to collect the notice from the Registry within three days and serve it upon Respondent Nos. 1 & 10 along with copy of the order through Registered Post/Speed-post, Dasti mode as well as on their registered email IDs within one week.

Respondent Nos. 2 to 9 through their counsel Ms. Natasha D Shah have appeared and waived notice. They have been granted one week time to file their reply. Respondent Nos. 1 & 10 may file their reply, if any, within one week from the date of receipt of notice. Rejoinder, if any, must be filed well before the next date of hearing.

The matter has been listed for further consideration on 30.07.2026. The applicant is required to file proof of service by way of an affidavit before the next date of hearing.

Topics: Corporate Governance Dispute, NCLT Proceedings, Minority Shareholder Rights