Authority: National Company Law Tribunal, New Delhi Court - IV (Special Bench)
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard matter IA/236/ND/2026 CA/148/ND/2026 in CP/182/ND/2025 between applicant Sanjeev Sagar and respondent Imperial Fastners Pvt Ltd. The case was filed under Section 241 of the Companies Act, 2013, which deals with oppression and mismanagement in companies. The matter was heard by a special bench consisting of Shri Mahendra Khandelwal (Hon'ble Member - Judicial) and Shri Yogendra Kumar Singh (Hon'ble Member - Technical) through hybrid hearing (physical and video conference).
Both parties were represented by legal counsel: Mr. G. P. Madaan and Mr. Aditya Madaan represented the applicant, while Mr. Gautam Singhal and Mr. Rajat Chaudhary represented Respondents 1, 2 & 4, and Mr. Shailendra Singh and Mr. Siddharth Sikri represented Respondent 3.
Final Outcome
The NCLT scheduled the next hearing of this matter before the Regular Bench on 08 September 2026. No substantive decision on the merits of the case was made in this order, which served only to schedule the next hearing date.
Topics: Company Law Dispute, NCLT Proceedings