Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 09 June 2026
Case Overview
The National Company Law Tribunal, New Delhi Bench (Court-II) heard matter CP-132/241-242/ND/2025 between petitioner Abhishek Sharma and respondent Orchid Corporate Services India Pvt. Ltd. The petition was filed under Sections 241, 242, and 213 of the Companies Act, 2013, which pertain to oppression and mismanagement in company affairs and the tribunal's power to investigate company affairs. The petitioner was represented by Advocates Kaustubh Prakash, Aastha Mishra, and Riya Mittal, while the respondent was represented by Advocates Karna Gandhi and Sajal Jain. The hearing was conducted through hybrid mode (virtual conference and physical).
Final Outcome
The bench comprising Hon'ble Member (J) Ashok Kumar Bhardwaj and Hon'ble Member (T) Atul Chaturvedi adjourned the matter due to time constraints. The case has been listed for the next hearing on 11 August 2026. No substantive decisions or rulings were made in this order.
Topics: NCLT Proceedings, Corporate Governance Dispute