Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai
Order Date: 17 June 2026
Case Overview
This order pertains to Application No. CA(CAA)/57(CHE)/2026 filed by Siemens Gamesa Renewable Energy Projects Pvt Ltd. The application is a 'first motion' application filed under Sections 230-232 of the Companies Act, 2013, which govern schemes of arrangement, compromise, amalgamation, and reconstruction between companies. The counsel for the applicant, Mr. R. Inbaraju, was present for the hearing. The order notes that a non-applicant company, also referred to as Transferor Company 2, Siemens Energy Industrial Turbomachinery India Private Limited, has filed a related application before the NCLT in Mumbai.
Final Outcome
The bench, comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical), did not make a ruling on the merits of the application. The matter was simply adjourned. The application is listed for its next hearing on 01 July 2026.
Topics: Corporate Restructuring, Legal Proceedings