Case Details
- Case Name: Mr. Aveena Gudapati vs. M/s. Times Square Hotels Private Limited and 78 others
- Court/Authority: National Company Law Tribunal (NCLT), Hyderabad Bench – 1
- Case Number: CP No. 31/241/HDB/2023 and Cont (CA) 9/2024 in CP No. 31/241/HDB/2023
- Governing Law: Section 241 of the Companies Act, 2013 (Oppression and Mismanagement)
- Hearing Date: 21st May 2026
- Next Hearing Date: 9th July 2026
Parties Involved
- Petitioner: Mr. Aveena Gudapati
- Represented by: Mr. P Anil Mukherji and Mr. Maruti Rao, Learned Counsel
- Main Respondent: M/s. Times Square Hotels Private Limited (Respondent No.1)
- Other Respondents: 78 other respondents
- Counsel for Respondents:
- Mr. KS Shreyas for Respondent No.1 (Times Square Hotels Pvt Ltd)
- Mr. K Santosh Kumar for Respondents No.12, 13, 62, 63, 64 & 74
- Mr. Venkateswar Reddy for Respondents No.38 & 42
- Ms. Tanya Kanwar for Respondent No.46
- Mr. Rithesh took notice for Respondent No.48
- Tribunal Bench:
- Sh. Rajeev Bhardwaj, Hon'ble Member (Judicial)
- Sh. Sanjay Puri, Hon'ble Member (Technical)
Procedural Directions & Next Steps
For CP No. 31/241/HDB/2023:
1. The Learned Counsel for the Petitioner is directed to file proof of service for all respondents.
2. The Tribunal Registry is directed to check the submitted proof of service and submit a report confirming which respondents have been properly served.
3. The Registry is directed to issue fresh notices to any respondents who have not been served (unserved respondents).
4. The Registry is also directed to submit a report identifying which respondents have already filed counters (written statements).
5. Mr. Rithesh, counsel for Respondent No.48, is directed to file a vakalat (power of attorney) and a counter within two weeks from the hearing date (by approx. 4th June 2026).
6. The Petitioner is granted two weeks after the counters are filed to file a rejoinder, if any.
7. The main petition is adjourned to 9th July 2026 for further hearing.
For Cont (CA) 9/2024 (Contempt Application):
1. Respondents are granted two weeks to file a counter to the application.
2. The Applicant (Petitioner) is granted two weeks after the counter is filed to file a rejoinder, if any.
3. Respondents No.2 and 3 in this application have already been set ex-parte (proceeding in their absence).
4. The contempt application is also adjourned to 9th July 2026 for further hearing.
Final Ruling & Enforcement
The order is procedural and does not contain a final ruling on the merits of the oppression and mismanagement petition or the contempt application. The final outcome is the adjournment of both matters to 9th July 2026, pending the completion of service formalities and the filing of counters and rejoinders as directed.