Authority: National Company Law Tribunal, Mumbai Bench, Court-IV
Order Date: 16 July 2026
Case Overview
The matter involves a petition filed by Moniveda Consultants LLP & Another against Shajas Developers Private Limited and multiple other respondents under Sections 59, 241(1), 242(4) and 244(1) of the Companies Act, 2013. These sections typically relate to rectification of register of members, oppression and mismanagement in companies, and eligibility to apply under oppression and mismanagement provisions.
The hearing was conducted in hybrid mode before a bench comprising Technical Member Shri Anil Raj Chellan and Judicial Member Shri K.R. Saji Kumar. Multiple legal representatives appeared for various parties: Adv. Nausher Kohli with a team of four advocates represented the petitioners; Adv. Rohit Lalwani represented Respondents 1, 4 & 5; Adv. Mohit Chordia represented Respondent 3; Adv. Ryan D'souza with a team represented Respondents 6, 7, 12 & 13; Adv. Shanay Shah with a team represented Respondent 10; and Senior Adv. Gaurav Joshi represented Respondent 14.
The bench heard Senior Counsel for Respondent 14 and Counsel for Respondent 10 before making the adjournment decision.
Final Outcome
The NCLT Mumbai Bench adjourned the hearing and listed the matter for the next day, 17 July 2026, on priority basis. No substantive decisions on the merits of the case were made in this order, which served primarily to reschedule the proceedings.
Topics: NCLT Proceedings, Corporate Dispute, Hearing Adjournment