Authority: National Company Law Tribunal, Division Bench-I, Chennai

Order Date: June 22, 2026

Case Overview

The National Company Law Tribunal (NCLT) Chennai heard a shareholder petition filed by Ratna Priya against Priya Diagnostic and Ultrasound Centre Pvt. Ltd. and three other respondents. The case is registered as CP/95(CHE)/2024 with an interlocutory application numbered IA(CA)/231(CHE)/2024. The hearing was conducted through video conferencing before a bench comprising Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical).

Representation included Shri Magilan as counsel for the petitioner and Shri Andrew Kirubhakaran as counsel for the respondents. The pleadings in the case are complete, with Respondent 3 (R3) having already filed their reply and the petitioner filing a rejoinder. The other respondents have adopted the reply filed by R3.

The petitioner has e-filed a written synopsis, and the registry was directed to accept the hard copy. The tribunal granted permission to the respondents to file their written synopsis.

Final Outcome

The tribunal ordered that the interim order dated April 28, 2026, shall continue until the next hearing. The matter has been adjourned and listed for hearing on August 19, 2026. No final decision on the merits of the case was rendered in this order.

Topics: NCLT Proceedings, Corporate Governance, Shareholder Dispute