SUPREME COURT
Supreme Court Stays ₹5 Lakh Cost Imposed To Set Aside NBWs In Adarsh Housing SFIO Case
Case Title : MEENAKSHI MODI VERSUS SERIOUS FRAUD INVESTIGATION OFFICER
Case Number : Petition for Special Leave to Appeal (Crl.) No. 7450/2026
The Supreme Court recently (April 27) issued notice on a petition filed by Meenakshi Modi, an accused in an SFIO case linked to the Adarsh Build Estate housing fraud, to examine the validity of a Rs 5 lakh cost imposed by the Punjab and Haryana High Court while setting aside non-bailable warrants against her.
The court stayed the condition till next hearing in August.
A bench of Justices Sanjay Kumar and K. Vinod Chandran limited the notice to this aspect and directed Modi to appear before the trial court within one week.
Case Title : DR. BAIS SURGICAL AND MEDICAL INSTITUTE PVT. LTD. & ORS. Vs DHANANJAY PANDE
Case Number : CIVIL APPEAL NO. 8973 OF 2010
CITATION : 2026 LLBiz SC 176
The Supreme Court has recently held that an investor can, in certain cases, maintain oppression and mismanagement proceedings under the Companies Act, 1956 even if his name was never entered in the company's register of members, particularly where the company had consistently recognised and treated him as a stakeholder.
Case Title : HINDUSTHAN NATIONAL GLASS AND INDUSTRIES LIMITED Versus M/S JEEL KANDLA SERVICE AND ORS
Case Number : SLP(C) No. 18345/2026
On Friday, 22 May, the Supreme Court issued notice on a plea filed by Hindusthan National Glass & Industries Ltd, a corporate debtor, challenging the Calcutta High Court judgment dated 15 May 2026. The judgement had held that the company could not shift its registered office from Kolkata to Mumbai while appeals against its insolvency resolution plan remained pending before the NCLAT.
Case Title : HINDUSTAN MEDICAL INSTITUTION vs BIRLA CORPORATION LTD AND ORS Case Number : SLP(C) No. 1182/2023
The Supreme Court on Tuesday set aside a Calcutta High Court ruling that had held that once an e-vote is cast in the Annual General Meeting (AGM) of Birla Corporation Ltd., it could not subsequently be invalidated through later communications. The High Court had also held that the first vote cast on behalf of the societies must prevail.
HIGH COURT
Calcutta High Court Quashes LOC Against Ex-Elder Pharma Employee In ₹1,300 Crore SFIO Probe
Case Title : Debanjan Hazra Vs. The Serious Fraud Investigation Office & Ors.
Case Number : MAT 474 of 2026 With CAN 1 of 2026
CITATION : 2026 LLBiz HC (CAL) 100
The Calcutta High Court has quashed a Look Out Circular against Debanjan Hazra, a former Elder Pharmaceuticals employee living in China since 2013, holding that it violated his right to personal liberty under Article 21.
A Division Bench of Justices Shampa Sarkar and Ajay Kumar Gupta, in appeal, held the LOC was based on “speculative apprehension” and was “arbitrary and disproportionate,” noting that the SFIO probe into the alleged Rs. 1300 crore siphoning had ended and no prosecution had been initiated.
Transactions During Winding-Up Can Be Validated If Beneficial To Creditors: Bombay High Court
Case Title : Rajkumar Mohansing Bajaj Versus Milestone Interactive Pvt. Ltd.
Case Number : COMPANY PETITION NO. 525 OF 2015
CITATION : 2026 LLBiz HC (BOM) 285
The Bombay High Court on 4 May held that transactions entered into during pendency of winding-up proceedings ought to be validated if they benefit the company or its creditors. The Court accordingly rejected the Official Liquidator's plea seeking to declare void a Rs. 27 crore sale of Milestone Interactive Pvt. Ltd.'s property in favour of M.M. Styles Private Limited.
NCLT Has Exclusive Jurisdiction Over Internal Company Mismanagement Disputes: Bombay High Court
Case Title : Ocean Deity Investment Holdings Vs Sarang Wadhawan & Ors
Case Number : INTERIM APPLICATION NO. 2505 OF 2020 IN COMMERCIAL SUIT NO. 128 OF 2021
CITATION : 2026 LLBiz HC(BOM)282
The Bombay High Court on 4 May held that civil courts cannot entertain interim relief claims arising from allegations of internal company mismanagement, as such disputes fall within the jurisdiction of the National Company Law Tribunal (NCLT) under the Companies Act, 2013.
Case Title : Suresh Tulasiram Patilkhede vs State of Maharashtra
Case Number : (WP(L)/16263/2026)
CITATION : 2026 LLBiz HC (BOM) 293
The Bombay High Court on Wednesday disposed of as withdrawn a petition seeking a stay on the May 16 board meeting of the Sir Ratan Tata Trust (SRTT) after expressing serious displeasure over the manner in which the proceedings were instituted.
A vacation bench of Justices Advait Sethna and Sandesh Patil expressed shock after noting that petitioner Suresh Patilkhede had sought a stay on the SRTT board meeting based on representations pending before the Charity Commissioner even though those representations had been filed by unidentified third parties and not by the petitioner himself.
Case Title : JAIDEEP ISPAT AND ALLOYS PVT. LTD. Vs REGISTRAR OF COMPANIES MINISTRY OF CORPORATE AFFAIRS
Case Number : MISC. CRIMINAL CASE No. 46274 of 2024
CITATION : 2026 LLBiz HC (MP) 34
The Madhya Pradesh High Court at Gwalior has recently held that where the law does not require prior government sanction to prosecute, authorities cannot rely on time spent awaiting administrative instructions to extend the two-year limitation period for filing a criminal complaint.
Case Title : DILIP KUMAR AGRAWAL Vs MS BHARAT COMMERCE AND INDUSTRIES LTD Case Number : COMPANY APPEAL No. 12 of 2026
CITATION : 2026 LLBiz HC (MP) 35
The Madhya Pradesh High Court has sent back for fresh consideration a dispute over the sale of assets of Bharat Commerce and Industries Ltd., finding that the Company Judge did not consider a bidder's arguments for entertaining a higher post-auction offer.
Case Title : BGR Energy Systems Ltd Vs Sanghvi Movers Limited
Case Number : ORIGINAL SIDE APPEAL NO: 8/2015
CITATION : 2026 LLBiz HC(APH) 37
The Andhra Pradesh High Court at Amaravati on 7 May held that commercial solvency alone cannot defeat a winding-up petition when the debt is admitted and no bona fide dispute exists. The Court reiterated that the existence of a genuine dispute determines maintainability under Section 433(e) of the Companies Act, 1956.
Case Title : N.S.J.L Nidhi Ltd Throu. Its Rohit K Bhamburdekar and Ors Versus The Regional Director (Wr) Ministry Of Corporate Affair And Anr.
Case Number : WRIT PETITION NO. 10782 OF 2024
CITATION : 2026 LLBiz HC (BOM) 298
The Bombay High Court has held that penalties for defective filings relating to the issuance of securities cannot be imposed through a mechanical computation exercise without examining the nature, gravity, and impact of the default.
It also called arbitrary the multiplication of penalties based solely on the number of directors on a company's board, while modifying a ₹64 lakh penalty imposed on a Nidhi company and its directors.
Delhi High Court Stays MCA Penalty Orders Against Microsoft CEO Satya Nadella, LinkedIn
Case Title : LINKEDIN TECHNOLOGY INFORMATION PVT. LTD. & ORS. vs UNION OF INDIA & ORS
Case Number : W.P.(C) 6677/2026
CITATION : 2026 LLBiz HC (DEL) 529
The Delhi High Court recently stayed orders imposing penalties on Microsoft CEO Satya Nadella, LinkedIn chief executive Ryan Roslansky, LinkedIn Technology Information Pvt. Ltd., and several of its current and former directors over alleged violations of significant beneficial ownership disclosure norms under company law.
Case Title : SHIVA SHAKTI SECURITY SERVICES Vs OFFICIAL LIQUIDATOR
Case Number : APOT/316/2023 WITH CP/49/2016
CITATION : 2026 LLBiz HC (CAL) 133
The Calcutta High Court has held that pending company winding-up petitions before High Courts can be transferred to the National Company Law Tribunal even after admission, a winding-up order, and appointment of an Official Liquidator, so long as the proceedings have not reached an irreversible stage.
Telangana HC Quashes EPF Default Case Against Company's MD, Says Designation Alone Insufficient
Case Title : N Sridhar v. State of Telangana and Anr.
Case Number : Criminal Petition No. 11796 of 2024
CITATION : 2026 LLBiz HC (TEL) 32
The Telangana High Court has quashed criminal proceedings against the Chairman and Managing Director of Sankhya Infotech Limited in a case alleging non-remittance of Employees' Provident Fund (EPF) contributions. The Court held that the material on record did not disclose a prima facie sustainable case against him.
NCLAT
High Courts Cannot Bypass Statutory Remedy Through Writ Jurisdiction: NCLAT Chennai
Case Title : Mr. Rajeev Vidhyadharan @ Rajeev Anchal and Anr v. P.J Mathews and Ors
Case Number : IA No. 1812 of 2025 in Company Appeal(AT)(CH) No. 162 of 2025
CITATION : 2026 LLBiz NCLAT 195
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) on 30 April held that High Courts should not ordinarily exercise writ jurisdiction under Article 226 when a statutory appellate remedy exists under the Companies Act framework.
Case Title : Nirtex Exports & Investment Pvt Ltd & Ors Vs National Spot Exchange Limited
Case Number : Company Appeal (AT) 31/2026
CITATION : 2026 LLBiz NCLAT 214
The National Company Law Appellate Tribunal on Tuesday dismissed an appeal by Nirtex Exports & Investment Pvt. Ltd. and other specified creditors challenging the NCLT's approval of a settlement scheme in the 2013 National Spot Exchange Ltd. payment default matter, particularly provisions barring parallel claims against brokers.
Case Title : Shefali Agarwa Vs Stone Age Pvt Ltd & Ors
Case Number : Company Appeal (AT) 225/2023
CITATION : 2026 LLBiz NCLAT 217
The National Company Law Appellate Tribunal (NCLAT) in Delhi has dismissed an appeal by a former Stone Age Pvt Ltd director, holding that it cannot act as a court of first instance to decide her argument that her removal from directorship was illegal because the company's Articles of Association did not require a whole-time director to seek reappointment.
Only Central Government Can Order SFIO Probes, Not Company Tribunals: NCLAT
Case Title : Nitin Ramchandra Jadhav & Ors Vs Vijendra Kumar Jain & Ors
Case Number : Company Appeal (AT) (Insolvency) 1044/2024
CITATION : 2026 LLBiz NCLAT 224
The National Company Law Appellate Tribunal (NCLAT) in Delhi has recently reiterated that company tribunals cannot directly order a Serious Fraud Investigation Office probe, ruling that the power to direct such an investigation rests with the Central Government.
NCLAT Refuses Stay On EOGM For Removal Of Jagran Prakashan Independent Directors
Case Title : JAGRAN PRAKASHAN LIMITED Vs MAHENDRA MOHAN GUPTA & ORS
Case Number : Company Appeal (AT) 189/2026
CITATION : 2026 LLBiz NCLAT 240
The New Delhi National Company Law Appellate Tribunal (NCLAT) on 26 May declined to stay the Extraordinary General Meeting (EOGM) convened for the removal of independent directors of Jagran Prakashan Limited (JPL) and disposed of the appeal filed by the directors.
NCLT
Case Title : Registrar of Companies, Gujarat Vs Maharshi Management Services Pvt. Ltd
Case Number : IA NO. 66 OF 2023 IN COMPANY APPEAL NO. 08 (AHM) 2022
CITATION : 2026 LLBiz NCLT (AHM) 404
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has recently rejected a plea by the Registrar of Companies, Gujarat, to condone a delay of 4215 days in seeking restoration of Maharshi Management Services Pvt. Ltd. to the register of companies.
Case Title : Suzlon Energy Limited
Case Number : C.P.(CAA)/(AHM)2026 in CA(CAA)/50(AHM)2025
CITATION : 2026 LLBiz NCLT (AHM) 405
The Ahmedabad bench of the National Company Law Tribunal has approved Suzlon Energy Limited's plan to set off accumulated losses of about Rs.18,418 crore by reorganising its reserves.
The order was passed on April 29, 2026 by Judicial Member Chitra Hankare and Technical Member Dr V.G. Venkata Chalapathy.
Case Title : Suryakanta Kothari Vs Vision Elevators Pvt. Ltd & Ors
Case Number : CP/55(AHM)2025 with IA/115(AHM)2025
CITATION : 2026 LLBiz NCLT (AHM) 409
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has held that the removal of Suryakanta Kothari as director of Vision Elevators Pvt. Ltd. through a forged resignation letter and the transfer of her shares without consent amounted to oppression.
NCLT Mumbai Allows First Motion For Merger Of Docon Technologies With PharmEasy Parent API Holdings
Case Title : Docon Technologies Pvt Ltd & API Holdings Ltd
Case Number : C.A.(CAA)/262(MB)2025
CITATION : 2026 LLBiz NCLT (MUM) 420
The National Company Law Tribunal's Mumbai Bench on Thursday (May 7) allowed the first motion application in the proposed amalgamation of Docon Technologies Private Limited with API Holdings Limited, the parent entity of digital healthcare and pharmacy platform PharmEasy.
Case Title : Sandeep Sadanandan and Ors v. Vivek Menon PK and Ors
Case Number : IA(C/Act)/102/KOB/2025 in IA(C/Act)/45/KOB/2024 in CP(C/Act)/26/KOB/2023 CITATION : 2026 LLBiz NCLT(KOC) 422
The National Company Law Tribunal (NCLT) at Kochi has refused to recall an ex parte order passed against individuals accused of oppression and mismanagement in Green Hearts Private Limited, finding that they failed to diligently contest the proceedings despite repeated opportunities.
NCLT Mumbai Allows First Motion In Flexim Flow–Emerson Merger, Orders Shareholders' Meeting
Case Title : Emerson Process Management (India) AND Flexim Flow India Private Limited
Case Number : CA(CAA)-70/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 426
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 4 May allowed the first motion application seeking approval of a merger scheme between Flexim Flow India Private Limited and Emerson Process Management (India) Private Limited, while holding that shareholder approval could not be dispensed with as consent affidavits were not received from all equity shareholders of the transferee company.
NCLT Mumbai Admits Puma Energy India Plea For ₹11.35 Crore Share Capital Reduction
Case Title : Puma Energy India Pvt Ltd
Case Number : C.P.55/MB-IV/2026
CITATION : 2026 LLBiz NCLT (MUM) 427
The Mumbai Bench of the National Company Law Tribunal (NCLT), on 4 May admitted a company petition under Section 66 of the Companies Act, 2013 filed by Puma Energy India Pvt. Ltd., allowing it to proceed with a proposed reduction of equity share capital by Rs. 11.35 crore through cancellation of shares, subject to statutory compliances and creditor safeguards.
NCLT Mumbai Approves First Motion For Amalgamation Of SafeSend, SurePrep With Thomson Reuters
Case Title : SafeSend Technologies Pvt Ltd, SurePrep (India) Private Limited, Thomson Reuters International Services Pvt Ltd
Case Number : CA(CAA)-67/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 428
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 4 May allowed the first motion application seeking approval of a scheme of amalgamation involving SafeSend Technologies Private Limited and SurePrep (India) Private Limited with Thomson Reuters International Services Private Limited.
NCLT Chennai Approves Lancor Group Amalgamation, Rejects Objections On Alleged Diversion Of Funds
Case Title : Lancor Maintenance and Services Limited and Lancor Holdings Limited
Case Number : CP(CAA)/76(CHE)2025 in CA(CAA)/61/CHE/2025
CITATION : 2026 LLBiz NCLT(CHE) 432
The Chennai Bench of the National Company Law Tribunal (NCLT) on 27 April held that objections relating to alleged diversion of funds, an ante-dated appointed date, and shareholding structure cannot defeat an otherwise compliant scheme of amalgamation under Section 232 of the Companies Act, 2013, where no prejudice to stakeholders is demonstrated.
Case Title : Pointleap Projects Private Limited, Superheights Infraspace Private Limited & Adani Electricity Mumbai Limited
Case Number : CA(CAA)/12(AHM) 2026
CITATION : 2026 LLBiz NCLT(AHM) 439
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has approved the first-stage application for the amalgamation of Pointleap Projects Pvt. Ltd. and Superheights Infraspace Pvt. Ltd., two wholly owned subsidiaries of Adani Electricity Mumbai Ltd Into It.
Case Title : MFAR Enterprises Private Limited v. Ministry of Corporate Affairs and Anr
Case Number : CP(C/Act)/35/KOB/2025
CITATION : 2026 LLBiz NCLT (KOC) 444
The National Company Law Tribunal (NCLT) at Kochi on 8 May held that Section 55(3) of the Companies Act, 2013 operates as an independent remedial mechanism where a company is unable to redeem existing preference shares, and permitted issuance of further redeemable preference shares in substitution of unredeemed shares.
NCLT Chennai Directs Meetings On Dr. Agarwal's Eye Hospital–Health Care Amalgamation Scheme
Case Title : Dr. Agarwal's Eye Hospital Limited with Dr. Agarwal's Health Care Limited
Case Number : CA(CAA)/19(CHE)/2026
CITATION : 2026 LLBiz NCLT(CHE) 449
The Chennai Bench of the National Company Law Tribunal on 5 May allowed the first motion application for the proposed amalgamation of Dr. Agarwal's Eye Hospital Limited (AEHL) with Dr. Agarwal's Health Care Limited (AHCL) and directed convening of meetings of shareholders and creditors of both companies.
NCLT Chennai Sanctions Amalgamation of Sundaram Auto Components With TVS Motor Company
Case Title : Sundaram Auto Components Limited v. TVS Motor Company Limited
Case Number : CP(CAA)/95(CHE)2025 in CA(CAA)/79/CHE/2025
CITATION : 2026 LLBiz NCLT(CHE) 451
The Chennai Bench of the National Company Law Tribunal (NCLT) on 6 May approved a Scheme of Arrangement providing for the amalgamation of Sundaram Auto Components Limited (transferor company) with its holding company, TVS Motor Company Limited (transferee company).
Case Title : Vneet S Jain v. ROC
Case Number : CP No. 63/AHM/2025
CITATION : 2026 LLBiz NCLT (AHM) 454
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has allowed former Adani Power Whole Time Director Vneet S. Jain to compound allegations that included failure to disclose related-party transactions and other accounting irregularities in Adani Power's financial statements.
Case Title : Arrka Infosec Private Limited With Persistent Systems Limited
Case Number : CP (CAA) No. 206/MB/2025 in CA (CAA) No. 179/MB/2025
CITATION : 2026 LLBiz NCLT (MUM) 452
The Mumbai Bench of the National Company Law Tribunal has approved the amalgamation of Arrka Infosec Private Limited, an information technology and IT-enabled services company, with Persistent Systems Limited, a listed technology company. The tribunal observed that the scheme “appears to be fair and reasonable” and is “not contrary to public policy.”
NCLT Mumbai Allows First Motion Plea In Vidarbha Industries-Adani Power Merger
Case Title : Adani Power Dahej Limited, Vidarbha Industries Power Limited, Adani Power Limited
Case Number : C.A.(CAA)/283(MB)2025
CITATION : 2026 LLBiz NCLT (MUM) 456
The National Company Law Tribunal (NCLT) at Mumbai bench on Tuesday (May 12) allowed a first-motion company scheme application for the amalgamation of Vidarbha Industries Power Limited into Adani Power Limited under Sections 230 to 232 of the Companies Act, 2013.
NCLT Chennai Dismisses Oppression Plea Against Aum Consultancy, Calls Dispute Contractual
Case Title : H Ramesh v. Aum Consultancy Private Limited and Ors
Case Number : Company Petition No. 7 of 2016
CITATION : 2026 LLBiz NCLT(CHE) 459
The Chennai Bench of the National Company Law Tribunal (NCLT) on 6 May dismissed a petition filed by H. Ramesh against Aum Consultancy Private Limited alleging oppression and mismanagement in the affairs of the company.
NCLT Mumbai Directs Piramal Finance Shareholder Vote On Merger Of Three Subsidiaries Into It
Case Title : Piramal Corporate Tower Private Limited (Transferor Company-1) and Piramal Agastya Offices Private Limited (Transferor Company-2) and DHFL Investments Limited (Transferor Company-3) with Piramal Finance Limited (Transferee Company)
Case Number : CA(CAA)/84/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 461
The Mumbai bench of the National Company Law Tribunal (NCLT) has cleared the first leg of a scheme to merge three Piramal group subsidiaries into Piramal Finance Limited.
However, it directed the listed NBFC to convene a meeting of its equity shareholders, saying they should be given an opportunity to consider the implications of the amalgamation after noting that the transferor companies appeared to have negative net worth.
Case Title : Guardian Nutrition & Healthcare Private Limited (The Company) and Guardian Healthcare Services Private Limited (Demerged Company) and Idam Natural Wellness Private Limited (Resulting Company)
Case Number : CA(CAA)/91/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 462
The National Company Law Tribunal (NCLT) at Mumbai has allowed a first-motion application for a composite scheme involving Idam Natural Wellness Private Limited, the owner of the Bella Vita brand, and Guardian group entities Guardian Nutrition & Healthcare Private Limited and Guardian Healthcare Services Private Limited.
NCLT Mumbai Dismisses Contempt Plea Against Lenders, Advocates In Ornate Spaces Insolvency
Case Title : UTI Employees Sai Samruddhi Co-Operative Housing Society Ltd. Through its Secretary - Mr. Purushottam Bandekar V/s PNB Housing Finance Ltd. Through its Attorney Holder Ms. Diksha Aggarwal & Ors.
Case Number : CONT.A. (IBC)/10(MB)2026 IN C.P. (IB)/4469(MB)2019
CITATION : 2026 LLBiz NCLT (MUM) 463
The National Company Law Tribunal (NCLT) at Mumbai has dismissed a contempt plea filed by UTI Employees Sai Samruddhi Co-Operative Housing Society Ltd in the Ornate Spaces insolvency case, saying the applicant was attempting to misuse the judicial process to put undue pressure on lenders and their counsel.
NCLT Mumbai Approves Cross-Border Merger Of Dubai-Based Group Companies With NMDC Data Centre
Case Title : NMDC Data Centre Private Limited
Case Number : C.P. (C.A.A)/31(MB) 2026 IN C.A.(C.A.A)/5(MB) 2026
CITATION : 2026 LLBiz NCLT (MUM) 464
The National Company Law Tribunal (NCLT) in Mumbai has approved a cross-border merger under which two Dubai-based group entities will be merged into India's NMDC Data Centre Private Limited. The tribunal held that the scheme was fair, reasonable, and not against public policy.
NCLT Ahmedabad Sanctions Cello World, Wim Plast, Cello Consumer Products Merger-Demerger Scheme
Case Title : Wim Plast Limited, Cello Consumer Products Private Limited & Cello World Limited Case Number : C.P.(CAA)/65(AHM)2025 in CA(CAA)/44(AHM)2025
CITATION : 2026 LLBiz NCLT (AHM) 479
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has sanctioned a Composite Scheme of Arrangement involving listed houseware and consumer products maker Cello World Limited, Wim Plast Limited, and Cello Consumer Products Private Limited.
Case Title : Union of India, Ministry of Corporate Affairs vs Dattatray Maruti Khune & Anr.
Case Number : C.P. No. 2996 (MB) 2019
CITATION : 2026 LLBiz NCLT (MUM) 480
The National Company Law Tribunal (NCLT) at Mumbai has recently directed disciplinary action by the Institute of Chartered Accountants of India against former Networth Agrotech India Ltd statutory auditor Dattatray Maruti Khune.
NCLT Ahmedabad Approves Kunal Plastics-Ecoplast Amalgamation
Case Title : Kunal Plastics Private Limited & Ecoplast Limited
Case Number : C.P.(CAA)/64(AHM)2025 in CA(CAA)/38(AHM)2025
CITATION : 2026 LLBiz NCLT (AHM) 482
The Ahmedabad bench of the National Company Law Tribunal has sanctioned the amalgamation of Kunal Plastics Private Limited with Ecoplast Limited, holding that the proposed merger satisfied the requirements of the Companies Act and was bona fide and in the interest of shareholders and creditors.
NCLT Bengaluru Clears First Motion In Jigsaw Academy-Unext Learning Merger
Case Title : Jigsaw Academy Education Private Limited v. Unext Learning Private Limited
Case Number : CA(CAA) No. 07/BB/2026
CITATION : 2026 LLBiz NCLT (BEN) 486
The National Company Law Tribunal (NCLT) at Bengaluru has allowed the first motion application in the proposed amalgamation of Jigsaw Academy Education Private Limited with Unext Learning Private Limited.
NCLT Bengaluru Sanctions Amalgamation Scheme Of Wholly Owned Subsidiaries Into Kirloskar Electric
Case Title : Kelbuzz Trading Company Limited and Ors
Case Number : CP(CAA) No.22/BB/2025
CITATION : 2026 LLBiz NCLT (BEN) 488
The Bengaluru Bench of the National Company Law Tribunal (NCLT) on 30 April 2026 sanctioned the amalgamation of Kelbuzz Trading Company Limited, Luxquisite Parkland Private Limited, SLPKG Estate Holdings Private Limited and SKG Terrra Promenade Private Limited with Kirloskar Electric Company Limited under the Companies Act, 2013.
NCLT Mumbai Rejects Ex-SNVG Logistics Director's Plea Claiming Forced Share Transfer And Oppression
Case Title : Sachin Natrajan v. SNVG Logistics private limited and Ors
Case Number : CP 189 of 2023
CITATION : 2026 LLBiz NCLT (MUM) 491
The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed a petition alleging oppression and mismanagement in the affairs of S.N.V.G. Logistics Private Limited, holding that former director and shareholder Sachin Natrajan failed to establish that his exit from the company and transfer of shares were the result of coercion or intimidation.
Case Title : Ashok Kumar Mandhani AND MBG Commodities Pvt Ltd & 7 others
Case Number : IA (CA)/73/2026 & IA (CA)/74/2026 in Company Petition /32/241/HDB/2025 U/s 241 of Companies Act
CITATION : 2026 LLBiz NCLT (HYD) 494
The Hyderabad Bench of the National Company Law Tribunal has stayed an Extraordinary General Meeting proposed by MBG Commodities Pvt Ltd to increase its authorised share capital.
The tribunal observed that the company was acting in “undue haste” even as the main oppression and mismanagement petition over its rights issue and capital structure is awaiting orders.
NCLT New Delhi Allows First Motion In CDIL–CSPL Demerger Scheme, Orders Creditors' Meeting
Case Title : CONTINENTAL DEVICE INDIA PRIVATE LIMITED Vs CDIL SEMICONDUCTORS PRIVATE LIMITED
Case Number : COMPANY APPLICATION NO. (CAA) – 89(ND)/2025
CITATION : 2026 LLBiz NCLT (DEL) 502
On 14 May, the New Delhi Bench of the National Company Law Tribunal (NCLT) passed its first motion order in the joint application filed by Continental Device India Pvt Ltd (CDIL), the demerged company, and CDIL Semiconductors Pvt Ltd (CSPL), the resultant company.
Oppression, Mismanagement Disputes Cannot Be Referred To Arbitration: NCLT Chandigarh
Case Title : Utsav Soi v. USAR Commerce Technologies Private Limited & Ors.
Case Number : CA No. 201 of 2025 In CP No. 59/CHD/HRY/2025
CITATION : 2026 LLBiz NCLT(CHA) 510
The National Company Law Tribunal (NCLT) at Chandigarh has held that oppression and mismanagement disputes of the nature raised before it cannot be referred to arbitration as such matters fall within the tribunal's exclusive statutory jurisdiction and cannot be privately adjudicated.
NCLT New Delhi Rejects Plea To Shift Chennai Bench Case, Finds No Ground For Alleged Bias
Case Title : Suresh Kumar Jalan and Ors. Vs East Coast Steel Limited and Ors.
Case Number : TA (Co. Act)-10(PB)/2026
On 20 May, the Principal Bench of the National Company Law Tribunal (NCLT) at New Delhi dismissed a transfer application seeking shifting of a pending company petition from the NCLT Chennai Bench-II to another Bench, holding that vague and unsubstantiated allegations of bias cannot justify transfer of proceedings.
Case Title : Union of India v. Mary Rani Popular Nidhi Limited
Case Number : CP(C/ACT)/26/KOB/2026
CITATION : 2026 LLBiz NCLT (KOC) 517
The National Company Law Tribunal (NCLT) at Kochi has restrained Mary Rani Popular Nidhi Limited and other group companies from creating any third-party interest in, transferring, alienating, encumbering, or mortgaging its movable and immovable assets while considering a winding-up petition filed by the Union of India through the Serious Fraud Investigation Office (SFIO).
Resigned Director Cannot Claim Oppression Solely On Ground Of Subsequent Board Changes: NCLT Kolkata
Case Title : Mohuya Chakroborty v. Efedra Pharmaceuticals Private Limited and Ors.
Case Number : Company Petition No. 29/KB/2026
CITATION : 2026 LLBiz NCLT (KOL) 518
The National Company Law Tribunal (NCLT), Kolkata Bench, has held that a shareholder who continues to remain a member of a company can maintain a petition alleging oppression and mismanagement even after resigning as a director.
However, it clarified that a person who has resigned from the board cannot subsequently complain of oppression merely on the ground that the board's composition changed after their resignation.
OTHERS
MP Sudheer Gupta To Head Joint Parliamentary Committee On Corporate Laws (Amendment) Bill
Lok Sabha Speaker Om Birla on Monday constituted a 31-member Joint Parliamentary Committee to examine the Corporate Laws (Amendment) Bill, 2026, appointing BJP MP Sudheer Gupta as its chairperson. The committee comprises 21 members from Lok Sabha and 10 members from Rajya Sabha.