Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 6th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench at Prayagraj has listed a case between Steel Authority of India Ltd (SAIL) as the petitioner and Jaiprakash Associates Ltd & Others as respondents. The proceedings involve multiple applications: IA No.11/2021, MA No.33/2021, IA No.24/2022, and CA No.03/2024 within the main Company Petition CP No.44/ALD/2021. The case is being heard under Sections 241/242 of the Companies Act, 2013, which pertain to provisions regarding oppression and mismanagement in companies.
Final Outcome
The tribunal has re-notified the hearing to 29th July, 2026, indicating a postponement of the proceedings. No substantive decisions or rulings were made in this particular order, which serves primarily as a scheduling update.
Topics: NCLT Proceedings, Corporate Legal Dispute, Hearing Postponement