Authority: National Company Law Tribunal Mumbai Special Bench Court II
Order Date: 29 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Mumbai Special Bench Court II, comprising Member (Technical) Shri Charanjeet Singh Gulati and Member (Judicial) Shri Ashish Kalia, heard Company Petition number 297/2020 involving Spaceandpeople India Private Limited. The matter pertains to an application under Section 66(1) of the Companies Act, 2013, which deals with reduction of share capital. The Regional Director West was represented by Mr. Altap Shaikh, ICLS, AD, who appeared via video conference. The petitioner's appearance details were not provided in the order sheet.
Final Outcome
The bench adjourned the matter and directed it to be re-listed for further consideration on 03 August 2026. No substantive decisions or observations on the merits of the case were recorded in this procedural order.
Topics: NCLT Proceedings, Corporate Law, Company Petition