Authority: National Company Law Tribunal (NCLT), Kochi Bench
Order Date: 09 June 2026
Case Overview
This order pertains to a company petition (CP(C/ACT)/36/KOB/2025) filed under Sections 58, 59, 213, 241, and 242 of the Companies Act by petitioners Bradley Varughese Mathew and Another against M/s Tandem Enterprises Private Limited and 8 Others. The matter involves allegations of oppression and mismanagement. A mediation process between the parties is underway. An interlocutory application (IA(C/ACT)/119/KOB/2026) was also filed by the mediator, seeking permission to submit the mediation report at a later date. During the hearing, the mediator submitted that the mediation process was in progress and the parties were hopeful of an amicable settlement, necessitating an extension of time.
Final Outcome
The NCLT Kochi Bench, comprising Member (Judicial) Shri Vinay Goel and Member (Technical) Shri Ravichandran Ramasamy, disposed of the interlocutory application (IA/119/KOB/2026) as infructuous in light of the order passed in the main petition. In the main petition (CP/36/KOB/2025), the Tribunal granted a joint request from the parties and extended the time for completing the mediation process by sixty (60) days from June 9, 2026. The case has been adjourned to August 13, 2026, with an expectation that the mediation will be concluded by then.
Topics: NCLT, Corporate Dispute