Authority: National Company Law Tribunal Kolkata Bench

Order Date: 17th June 2026

Case Overview

The matter involves a company petition (CP/277(KB)2024) filed by David Mathews against Wellfare Buildings and Estates Private Limited under Section 73(4) of the Companies Act. The hearing took place before Hon'ble Member (Judicial) Shri Cheekati Radha Krishna. The respondent company did not appear during the proceedings. The bench noted that the petitioner's counsel had failed to comply with previous orders regarding filing of Vakalatnama for the last two hearings.

Final Outcome

The tribunal granted one final opportunity to the petitioner's counsel to file the Vakalatnama in the main Company Petition within one week, warning that appropriate orders would be passed if not complied with. The petitioner's counsel was further directed to implead all directors and other necessary parties in the main petition and to file the Power-of-Attorney. Additionally, IA(COMPANIES.ACT)/84(KB)2026 was dismissed as withdrawn upon request from the applicant's counsel. The main company petition has been adjourned to 29th July 2026 for further consideration.

Topics: NCLT Proceedings, Corporate Petition, Legal Compliance