Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 6th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench has adjourned the hearing for Company Petition No.29/ALD/2024. The case involves petitioners Pankaj Pathak & Others versus respondents Timecity Infrastructure & Housing Limited & Others. The petition has been filed under Sections 241/242 of the Companies Act, 2013, which pertain to provisions for relief in cases of oppression and mismanagement in companies.
Final Outcome
The hearing has been re-notified to 29th July, 2026 at 12:30 PM. No substantive hearing or decision on merits occurred during this proceeding. The matter remains pending before the tribunal.
Topics: NCLT Proceedings, Corporate Governance, Legal Dispute