Case Details
Case Name: SAJAN K THOMAS & 3 OTHERS V/S PARAGON POLYMER PRODUCTS PVT LTD & 5 OTHERS
Court/Authority: National Company Law Tribunal (NCLT), Kochi Bench, Special Bench
Case Number: TCP/55/KOB/2019
Related Application: IVNP/03/KOB/2022 IN TCP/55/KOB/2019
Date of Order: 25 May 2026
Sections Applied: 241-242 of the Companies Act
Parties Involved
Petitioners: Sajan K Thomas & 3 Others
Petitioners' Advocate/Professional: Akhil Suresh & Hari Kumar G Nair
Respondents: Paragon Polymer Products Pvt Ltd & 5 Others
Respondents' Advocate/Professional: Joseph Kodianthara, Santhosh Mathew, Vijay V Paul
Bench: Shri Vinay Goel, Hon'ble Member (Judicial)
Current Proceedings
The matter was listed for hearing on 25 May 2026. Learned Counsel Mr. Akhil Suresh appeared on behalf of the Petitioners through virtual mode. None appeared on behalf of the respondents.
Counsel for the Applicant submitted that mediation talks between the parties are in pipeline.
In view of the General Order dated 27.04.2026 regarding the constitution of the Special Bench in this Tribunal from 25.05.2026 to 29.05.2026, the matter stands adjourned to 02.07.2026. Both matters (TCP/55/KOB/2019 and IVNP/03/KOB/2022) are to be listed together on the next date.