Authority: National Company Law Tribunal, Kochi Bench

Order Date: 17 June 2026

Case Overview

The National Company Law Tribunal (NCLT) Kochi Bench, comprising Member (Judicial) Shri Vinay Goel and Member (Technical) Shri Ravichandran Ramasamy, heard matter CP(C/ACT)/10/KOB/2023. This is a petition filed under Sections 241(1) and 242 of the Companies Act by petitioner Jeny Susan Joseph against the respondents, Noah Exim and Realtors Ltd & Another. The petition pertains to allegations of oppression and mismanagement.

During the hearing, learned counsel Mr. K T Thomas appeared virtually for the petitioners. Learned counsel Mr. Joseph Kodianthara appeared virtually for respondents R1 and R2 (Noah Exim and Realtors Ltd & Another). Counsel for the respondents informed the bench that a counter affidavit had been filed in compliance with an earlier order, but it was currently with the Registry under scrutiny.

Final Outcome

The NCLT Kochi Bench directed the counsel for the respondents to cure any defects pointed out by the Registry in the counter affidavit within seven working days. The case was adjourned to the next date of hearing, 01 July 2026.

Topics: NCLT, Corporate Law, Legal Proceedings