Authority: National Company Law Tribunal (NCLT), Kochi Bench

Order Date: 12 June 2026

Case Overview

The petition, numbered CP(C/ACT)/33/KOB/2026, was filed by Padmini Saseendran and two others against Dharaeco Developers Private Limited and two others. The petition was filed under Sections 241 and 242 of the Companies Act, 2013, which pertain to cases of oppression and mismanagement in a company. The petitioners were represented by their advocates, Harikumar G Nair, Aneesh KM, Irene Babu, and Jayasankar R. The respondents' advocates were not listed or present. The matter came for hearing before the bench comprising Member (Judicial) Shri Vinay Goel and Member (Technical) Shri Ravichandran Ramasamy.

Final Outcome

The bench directed the petitioners' counsel to take necessary steps to serve the notice, along with a copy of the petition and all its annexures, to the respondents through registered post and all other available modes. The petitioners were also directed to file an affidavit of service confirming this. The NCLT registry was directed to send the notice to the respondents via email. Upon request, the case was adjourned to the next date of hearing, which is 23 July 2026.

Topics: NCLT, Corporate Legal Dispute, Oppression and Mismanagement