The National Company Law Tribunal (NCLT) Hyderabad Bench heard a case under Sections 397 and 398 of the Companies Act, 2013, involving oppression and mismanagement allegations.
The case involves 47 petitioners against Divya Retreat Limited and six other respondents, with the matter reserved for orders after hearing arguments.
The case, filed as CP No.50/2015, pertains to alleged oppression and mismanagement under the Companies Act, 2013.
The tribunal has reserved its orders after hearing counsels for both parties, with no immediate ruling issued.