Case Details

Case Name: M Ashokan and 5 Others V/S Vadakara Coconut Farmers Producer Company Ltd and 6 Others

Court/Authority: National Company Law Tribunal (NCLT), Kochi Bench

Case Number: CP(C/ACT)/7/KOB/2026

Date of Order: 25 May 2026

Presiding Member: Shri Vinay Goel, Hon'ble Member (Judicial)

Relevant Sections: Section 98 C/ACT read with Rule 11, 32 & 75 NCLT

Parties Involved

Petitioners: M Ashokan and 5 others

Petitioners' Advocates/Professionals: Akhil Suresh, Kalliyani Krishna B, Amrith MJ, Anita Elizebeth Babu, Rahul T

Respondents: Vadakara Coconut Farmers Producer Company Ltd and 6 others

Respondents' Advocates/Professionals: Proxy Counsel appearing on behalf of Ld. Counsel Mr. Harikumar G Nair

Procedural History & Current Status

  • The case was heard on 25 May 2026 through virtual mode.
  • Proxy Counsel for the respondents submitted that they had already filed their reply affidavit, which was under scrutiny by the Registry.
  • The Tribunal directed the Counsel for the Respondents to cure any defects pointed out by the Registry within three days and serve a copy of the same to the petitioners.
  • Counsel for the Petitioners submitted that there was urgency in the matter.
  • At the request of the Petitioner's Counsel, the case was adjourned to 05 June 2026.

Final Ruling & Enforcement

The NCLT Kochi Bench adjourned the case to 05 June 2026. The respondents were given three days from 25 May 2026 to cure any defects in their filed reply affidavit and serve a copy to the petitioners.