Tag
Ashish Verma
5 articles
Corporate restructuring and legal proceedings continue to dominate the near-term outlook for several Indian companies. The National Company Law Tribunal's Allahabad Bench has repeatedly adjourned hearings related to various appeals and petitions under the Companies Act, impacting entities like Bajaj Hindusthan, V.A. Infraventures, Sumendh Infra, AQUROUS TYRES, and Dehradun Chemicals. These postponements, often due to procedural matters like incomplete filings or absent parties, suggest ongoing complexities in corporate governance and regulatory compliance. While the delays themselves don't necessarily indicate fundamental business deterioration, they highlight potential risks and uncertainties for investors and stakeholders involved in these companies' restructuring efforts.
NCLT Adjourns Bajaj Hindusthan vs Sumac Hearing
NCLT Allahabad Bench adjourns hearing for Bajaj Hindusthan Ltd's petition against Sumac International Ltd.
Adjournment granted until August 20, 2026, following respondent counsel's request.
Petition f
V.A. Infraventures NCLT Contempt Hearing Adjournment
NCLT Allahabad Bench adjourns contempt hearing in V.A. Infraventures case to August 6, 2026.
Contempt application filed against alleged violations of tribunal's earlier order under Companies Act.
Peti
NCLT Adjourns Sumendh Infra Restoration Appeal
NCLT Allahabad Bench adjourns Sumendh Infra Ltd's appeal under Companies Act section 252(1) to 23rd July 2026.
Appellant granted one week to file rejoinder to ROC's report, with advance copy to opposi
NCLT Adjourns AQUROUS TYRES Restoration Hearing
NCLT Allahabad Bench adjourns hearing for MA No.04/2024 & MA No.04/2026 in C Appeal No.09/ALD/2021 to August 6, 2026.
ROC directed to rectify and refile a defective report within one week, with an adv
NCLT Adjourns Dehradun Chemicals Appeal Hearing
NCLT Allahabad Bench adjourns hearing for Appeal No.10/ALD/2026 to July 30, 2026.
Registrar of Companies and Income Tax Department granted 10 days to file replies.
Appellants are challenging ROC actio