Authority: National Company Law Tribunal, Hyderabad Bench - 1
Order Date: 23-06-2026
Case Overview
The matter involves Company Petition No. 43/241/HDB/2023 filed under Section 241 of the Companies Act, 2013, concerning Storm Education Group Private Limited. The petition appears to relate to allegations of oppression and mismanagement. The hearing addressed Interlocutory Application (IA) No. 216/2024 filed within the main company petition. The respondents expressed no objection to setting aside the ex-parte order that had been previously issued against them on 27.09.2023.
Final Outcome
The NCLT Bench comprising Member (Judicial) Sh. Rajeev Bhardwaj and Member (Technical) Sh. Sanjay Puri allowed IA (CA) 216/2024 and set aside the ex-parte order dated 27.09.2023. Respondents No. 2 and 3 were directed to file their counter in the main company petition within two weeks from the order date. The petitioner may file a rejoinder within one week after receiving the counter. The matter has been adjourned to 20.08.2026 for further proceedings.
Topics: NCLT Proceedings, Corporate Dispute, Legal Procedure