Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: October 9, 2026
Case Overview
The National Company Law Tribunal (NCLT), Bengaluru Bench heard matter CA 183/2026, which was an application filed within the main petition CP No.56/BB/2025. The petition was filed under Sections 241-242 of the Companies Act, 2013 by M/s Ambika Traders & Others against Shree Basaveshwara Sugar Ltd & Others. The bench comprised Judicial Member Shri Sunil Kumar Aggarwal and Technical Member Shri Radhakrishna Sreepada. Advocates representing the parties were Adv. Adapa V Subba Rayudu for the applicants and Adv. Ankita Paul for the respondents.
Final Outcome
The Tribunal dismissed application CA 183/2026 through a separate order. The main petition (CP No.56/BB/2025) has been listed for next hearing on December 2, 2026.
Topics: NCLT Proceedings, Company Law Dispute, Corporate Governance