Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad
Order Date: July 9, 2026
Case Overview
The proceedings involve an appeal filed under Section 252 of the Companies Act, 2013. The applicant is Manishkumar Maganbhai Shrimali, representing Orbin Agriculture Industries Pvt. Ltd, and the respondent is the Registrar of Companies, Ahmedabad. The specific nature of the dispute concerns a purchase of land by the company. The tribunal, comprising Member (Judicial) Mr. Shammi Khan and Member (Technical) Mr. Sanjeev Sharma, reviewed the company's account statement annexed with the petition. Their key observation was that the account statement contained no entry reflecting any payment made towards the purchase of the specific land referred to in the company's appeal.
Final Outcome
The NCLT issued a directive ordering the petitioner company to place on record the title documents that evidence the purchase of the said land in the company's name, provided these documents have not been filed already. Furthermore, the company was directed to submit all its audited and/or provisional financial statements from the date of its inception until the present day. The matter was adjourned and is scheduled for further consideration on July 23, 2026.
Topics: NCLT Proceedings, Corporate Compliance