Case Details

Case Name: Syed Mohammad Javed & Anr. V/S Mehboob Cold Storage Pvt Ltd. & Ors.

Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj

Case Number: CP No.24/ALD/2026

Date of Order: 21st May 2026

Governing Law: Petition filed under Sections 241/242 of the Companies Act, 2013.

Parties Involved

Petitioners: Syed Mohammad Javed & Anr.

Respondents: Mehboob Cold Storage Pvt Ltd. & Ors. (Respondent Nos. 2 & 3 are specifically mentioned as having filed a related petition).

Counsel for Petitioners: Sh. Udai Chandani with Sh. Kaif Mohammad, Advocates.

Counsel for Respondents: Sh. Rakesh Kumar with Ms. Preeti Kashyap, Advocates for Respondent Nos. 2 & 3; Sh. Ankit Sharma, Sh. Pulkit Mehrotra & Sh. Sahil Chawla, Advocates also appeared.

Tribunal Members: Sh. Praveen Gupta, Hon'ble Member (Judicial) and Sh. Ashish Verma, Hon'ble Member (Technical).

Issues / Allegations / Violations

  • The petition alleges oppressive conduct in the affairs of Mehboob Cold Storage Pvt Ltd.
  • The dispute is described as interse between real brothers and family members.
  • A specific allegation involves a forged resignation letter, which the petitioner claims was created by the respondents.
  • This alleged forgery compelled the petitioner to lodge FIRs (First Information Reports).
  • The petitioner apprehends a potential alteration of the shareholding structure between the parties due to these actions.

Final Ruling & Enforcement

  • The NCLT issued a formal notice of the petition to all respondents.
  • Respondent Nos. 2 & 3, through their counsel, accepted the notice.
  • Counsel for Respondent Nos. 2 & 3 made a statement that there is "no contemplation with respect to any alteration of the shareholding of the concerned parties."
  • The tribunal directed the respondents to file their reply, if any, within two weeks. An advance copy of the reply must be supplied to the petitioner's side.
  • The matter has been adjourned and listed for its next hearing on 11th June 2026. It will be heard alongside a related petition, CP No.18/ALD/2026, which was filed by the Respondent Nos. 2 & 3 of this case against the Petitioners (who are respondents in that case).
  • The order did not grant any interim relief at this stage, noting the respondent's statement on shareholding.