LiveLawBiz Company Law Monthly Digest: July 2026
Shilpa Soman
3 Aug 2026 9:52 AM IST
SUPREME COURT
National Spot Exchange Ltd (NSEL) has moved the Supreme Court challenging the Bombay High Court's March 27, 2026 judgment refusing to direct a joint trial in two CBI cases arising out of the alleged NSEL payment crisis.
Case Title : National Spot Exchange Limited vs The Central Bureau of Investigation Bank Securities and Fraud Cell
Case Number : Diary No. 37177 of 2026
The Supreme Court has agreed to hear on Friday a plea filed by a group of 29 minority shareholders seeking recall of its order referring the Jindal Poly Films Ltd. class action dispute to arbitration.
Case Title : JINDAL POLY FILMS LIMITED vs MONET SECURITIES PRIVATE LIMITED
Case Number : DIARY NO. 37515/2026
The Supreme Court on Monday dismissed special leave petitions filed by investor Persis A. Khambatta, refusing to interfere with the Calcutta High Court's judgment upholding a resolution of Industrial Investment Bank of India Ltd (IIBI), which is in voluntary liquidation.
Case Title : PERSIS A. KHAMBATTA VERSUS INDUSTRIAL INVESTMENT BANK OF INDIA LIMITED (IN VOLUNTARY LIQUIDATION)
Case Number : Petition(s) for Special Leave to Appeal (C)No(s). 24991-24992/2026
CITATION : 2026 LLBiz SC 251
Supreme Court Stays SFIO Proceedings Against Vivo India
The Supreme Court on Monday issued notice in a special leave petition filed by Vivo India Pvt Ltd and stayed further SFIO proceedings against it.
The petition challenges the Punjab & Haryana High Court's judgment holding that the mandatory pre-cognizance hearing under the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023 is inapplicable to prosecutions initiated by the Serious Fraud Investigation Office (SFIO) under the Companies Act, 2013.
Case Title : VIVO MOBILE INDIA PRIVATE LIMITED VERSUS SERIOUS FRAUD INVESTIGATION OFFICE
Case Number : Petition for Special Leave to Appeal (Crl.) No. 13088/2026
HIGH COURT
The Delhi High Court on Wednesday held that interrogatories are maintainable in oppression and mismanagement proceedings before the Company Law Board (now NCLT), observing that such discovery mechanisms help elicit material facts and shorten prolonged trials.
Case Title : Atul Batra and Ors v. BHP Engineers Private Limited and Ors
Case Number : CO.A(SB) 21/2015 & CO.APPL.968/2015, CO.APPL 21/2024
CITATION : 2026 LLBiz HC(DEL) 660
Asset Transfers To Defeat Creditors During Liquidation Are Void As Fraudulent Preference: Bombay HC
The Bombay High Court on 25 June held that a transfer of company property made during liquidation proceedings to promoters, without valid consideration and without a registered instrument, constitutes a fraudulent preference under Section 531(1) of the Companies Act, 1956, when it operates to defeat creditors' rights.
Case Title : M/s Indage Vineyard Pvt Ltd v. Kotak Mahindra Bank Ltd
Case Number : Official Liquidator Report No. 34 of 2025 in Company Petition No. 198 of 2011
CITATION : 2026 LLBiz HC(BOM) 370
Section 452 Companies Act Not Decriminalised, Criminal Courts Retain Jurisdiction: Kerala High Court
The Kerala High Court on 1 July held that offences under Section 452 of the Companies Act, 2013, relating to the wrongful withholding of company property by an officer or employee, remain triable by criminal courts and were not decriminalised by the Companies (Amendment) Act, 2020.
Case Title : Tata Coffee Limited v. Ramla and Anr
Case Number : Crl Rev Pet No. 346 of 2026
CITATION : 2026 LLBiz HC(KER) 122
Pre-Cognizance Hearing Under BNSS Doesn't Apply In Companies Act Cases: Punjab & Haryana High Court
The Punjab and Haryana High Court has held that companies and individuals prosecuted by the Serious Fraud Investigation Office (SFIO) under the Companies Act, 2013 are not entitled to a pre-cognizance hearing under the first proviso to Section 223 of the Bharatiya Nagarik Suraksha Sanhita (BNSS).
Case Title : Vivo India Private Limited v. Serious Fraud Investigation Office Case Number : CRM-M-10158-2026 (O&M)
CITATION : 2026 LLBiz HC(PNH) 33
When Can A Disqualified Company Director Continue In Office? Karnataka High Court Clarifies
The Karnataka High Court has clarified that a director disqualified because of a company's statutory defaults can continue to hold office in that defaulting company so that the director can undertake the statutory compliance required to rectify the defaults and authorities can pursue proceedings against the person responsible.
Case Title : DILIPRAJ PUKKELLA & Ors Vs UNION OF INDIA & Ors
Case Number : REVIEW PETITION NO. 394 OF 2025
CITATION : 2026 LLBiz HC (KAR) 108
The Madras High Court has refused to quash a CBI FIR against the directors of Ind Barath Power Gencom Limited. It held that the subsequent withdrawal of the company's "Fraud" classification by the lending bank does not wipe out criminal proceedings arising from allegations of diversion of funds, fabrication of records, and other cognisable offences.
Case Title : Kanumuru Indira Priyadarshini and Ors v. The Superintendent of Police
Case Number : Crl.O.P No. 27727 of 2024 and connected cases
CITATION : 2026 LLBiz HC(MAD) 173
The Karnataka High Court on 23 June, held that winding up proceedings cannot be transferred to the National Company Law Tribunal (NCLT) merely because the company's assets have not yet been sold. It noted that once liquidation has progressed substantially in time and substance, transfer would disrupt a mature liquidation process and is not warranted.
Case Title : Mr. Santosh Umakant Jawadar v. Official Liquidator
Case Number : Company Application No. 39 of 2025 in Company Petition No. 236 of 2026
CITATION : 2026 LLBiz HC(KAR) 110
Karnataka High Court Remands Quikr's ₹1.77 Crore Stamp Duty Dispute Over NCLT-Approved Amalgamation
The Karnataka High Court has set aside an order directing Quikr India Private Limited, which operates the online classifieds platform Quikr, to pay an additional ₹1.77 crore as stamp duty on a National Company Law Tribunal (NCLT)-approved scheme of amalgamation. The matter has been remitted to the District Registrar for fresh consideration.
Case Title : M/s Quikr India Pvt Ltd v. State of Karnataka and Anr
Case Number : Writ Petition No. 15998 of 2022
CITATION : 2026 LLBiz HC(KAR) 112
Stamp Duty Amendments On Amalgamation Cannot Apply Retrospectively: Kerala High Court
The Kerala High Court on 3 July held that amendments to the Kerala Stamp Act, 1959, introducing stamp duty on amalgamations and reconstructions, cannot be applied retrospectively to transactions completed before the amendments came into force.
Case Title : Zuri Hotels and Resorts Private Limited v. The Principal Sub-Registrar and Ors
Case Number : WP(C) No. 9815 of 2021
CITATION : 2026 LLBiz HC(KER) 130
The Delhi High Court has upheld an order directing a DNA testing company to change its name, holding that the Central Government's power to rectify similar company names under the Companies Act is not rendered invalid merely because its opinion was triggered by an application from another company.
Case Title : DNA Forensics Test Solutions Private Limited v. Union of India & Ors.
Case Number : W.P.(C) 9684/2026 and CM APPL. 45118-45119/2026
CITATION : 2026 LLBiz HC(DEL) 740
Delhi High Court Refuses Disclosure Of MCA Orders In SFIO Probe Into Anil Ambani Group Companies
The Delhi High Court has recently refused to direct the Ministry of Corporate Affairs (MCA) and the Serious Fraud Investigation Office (SFIO) to disclose orders directing an investigation into the affairs of Reliance Home Finance Limited, Reliance Communications Limited, and other Anil Ambani companies under Section 212 of the Companies Act, 2013.
Case Title : Mandke Foundation v. Union of India and Anr
Case Number : WP(C) No. 10462/ 2026 and CM Appl No. 48506 of 2026
CITATION : 2026 LLBiz HC(DEL) 762
Madras High Court Quashes SFIO Case Against Deloitte Partner In Subhiksha Fraud Probe
The Madras High Court on Wednesday has quashed criminal proceedings initiated by the Serious Fraud Investigation Office (SFIO) against Deloitte Haskins & Sells partner and statutory auditor M.K. Ananthanarayanan over his audit of Subhiksha Trading Services Limited (STSL).
Case Title : M.K Ananthanarayanan v. Union of India
Case Number : Crl OP No. 15633 of 2023
CITATION : 2026 LLBiz HC(MAD) 209
Supreme Court Pleadings Cannot Decide Legal Status Of Nair Service Society: Kerala High Court
The Kerala High Court on 17 July dismissed a writ appeal filed by a member of the Nair Service Society (NSS) seeking action against the Society and its directors for alleged violations of the Companies Act, 2013.
Case Title : TGN Kumar v. Registrar of Companies and Ors
Case Number : WA No. 727 of 2026
CITATION : 2026 LLBiz HC(KER) 151
NCLAT
NCLAT Revives IL&FS Plea To Unwind ₹1,080 Crore SREI Group-Linked Lending Transactions
The National Company Law Appellate Tribunal (NCLAT) at Delhi has revived Infrastructure Leasing & Financial Services Ltd.'s (IL&FS) bid to unwind six lending transactions allegedly structured to bypass the Reserve Bank of India's directions restricting fresh lending to group companies.
Case Title : Infrastructure Leasing & Financial Services Ltd Vs Union of India & Ors.
Case Number : Company Appeal (AT) 143/2026 & 145/2026
CITATION : 2026 LLBiz NCLAT 267
Auditor Cannot Rely On Undocumented OTS Proposal To Ignore Borrower's Interest Liability: NCLAT
The National Company Law Appellate Tribunal (NCLAT) in Delhi has held that a proposed One-Time Settlement (OTS) with lenders cannot justify an auditor issuing a clean audit report by ignoring accrued interest on borrowings classified as non-performing assets (NPAs).
Case Title : CA Som Prakash Aggarwal Vs NFRA
Case Number : Company Appeal (AT) 200/2022 & 177/2024
CITATION : 2026 LLBiz NCLAT 292
NCLAT Delhi Dismisses Finolex Share Dispute Appeals, Says Subsequent Events Pleadable By Amendment
The New Delhi National Company Law Appellate Tribunal (NCLAT) on 21 July upheld an order permitting amendments to a long pending company petition in the Finolex group share transfer dispute, holding that subsequent developments arising during the pendency of proceedings can be brought on record while leaving the question of limitation open for determination at the final hearing.
Case Title : Prakash P Chhabria Vs Deepak Kishan Chhabria & Ors
Case Number : Company Appeal (AT) 236/2026 & 237/2026
CITATION : 2026 LLBiz NCLAT 305
The National Company Law Appellate Tribunal (NCLAT) in Delhi has recently held that manipulating statutory records to usurp shareholding and stripping a company's assets through bogus book entries amount to continuing acts of oppression and mismanagement under the Companies Act, 2013.
Case Title : Vivid Solutions Pvt Ltd & Ors Vs Mukesh Jain & Ors
Case Number : Company Appeal (AT) 125/2021
CITATION : 2026 LLBiz NCLAT 307
The National Company Law Appellate Tribunal (NCLAT) has admitted an appeal filed by the Indian Motion Picture Producers Association (IMPPA) against a Mumbai NCLT order.
The order had allowed members of the association to pursue an oppression and mismanagement petition after waiving the statutory membership requirement under Section 244 of the Companies Act.
Case Title : Indian Motion Picture Producers Association Vs Sanjeev Kumar Singh and Ors. Case Number : Company Appeal (AT) (Insolvency) 277/2026 & 278/2026
NCLT
NCLT Mumbai Approves Cross-Border Merger Of UAE Legal Consultancy Company With Indian Parent
The Mumbai bench of the National Company Law Tribunal (NCLT) has recently approved the cross-border merger of Begur International Legal Counsellors FZ-LLC, a UAE-based company engaged in legal consultancy, with its Indian parent, Pranesh Eservices Private Ltd.
Case Title : Pranesh Eservices Pvt. Ltd. and Begur International Legal Counsellors FZ-LLC
Case Number : C.P.(CAA) 1(MB) 2026 IN C.A.(CAA) 206(MB) 2025
CITATION : 2026 LLBiz NCLT (MUM) 669
NCLT Mumbai Approves Merger Of Jaypore, TG Apparel Into Aditya Birla Fashion & Retail
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Thursday approved the merger of Jaypore E-Commerce Pvt Ltd and TG Apparel & Decor Pvt Ltd, both wholly owned subsidiaries, into Aditya Birla Fashion and Retail Ltd
Case Title : Jaypore E-Commerce Pvt Ltd and TG Apparel & Decor Pvt Ltd with Aditya Birla Fashion & Retail Ltd
Case Number : C.P.(CAA)/52(MB)2026 In C.A.(CAA)/38(MB)2026
CITATION : 2026 LLBiz NCLT (MUM) 670
NCLT Mumbai Approves Merger Of Three JSW Steel Subsidiaries With Parent Company
The Mumbai bench of the National Company Law Tribunal approved the merger of JSW Steel Ltd's three wholly owned subsidiaries, Amba River Coke Ltd, Monnet Cement Ltd., and JSW Retail and Distribution Ltd, into the parent company
Case Title : AMBA RIVER COKE LIMITED AND MONNET CEMENT LIMITED AND JSW RETAIL AND DISTRIBUTION LIMITED WITH JSW STEEL LIMITED
Case Number : CP (CAA) NO. 64/MB/2026 IN CA (CAA) NO. 16/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 671
Board Cannot Refuse Valid Requisition For EGM, Cannot Judge Its Legality: NCLT Kochi
The National Company Law Tribunal (NCLT) at Kochi has held that a company's Board of Directors is bound to convene an Extraordinary General Meeting (EGM) once it receives a valid requisition under the Companies Act.
Case Title : Mr. Hiras K.M v. M/s Pearl City Marine Products Private Limited
Case Number : Company Petition (C/Act)/04/KOB/2026
CITATION : 2026 LLBiz NCLT(KOC) 675
On 2 July, the Mumbai Bench of the National Company Law Tribunal (NCLT) partly allowed an oppression and mismanagement petition against Hotmail founder Sabeer Bhatia and other respondents in relation to Arzoo.com (India) Pvt Ltd, holding that their acts amounted to oppression in the company's shareholding and financial mismanagement through diversion of company funds.
Case Title : Yogesh Patel Versus Arzoo.com (India) Private Limited & Ors.
Case Number : MA 1329 of 2019, IA(COMPANIES ACT) 164(MB ) of 2025
CITATION : 2026 LLBiz NCLT (MUM) 676
NCLT Mumbai Sanctions Sarda Dairy Demerger Scheme With Chhatisgarh Investments
The Mumbai Bench of the National Company Law Tribunal (NCLT) has sanctioned a composite scheme of arrangement involving the demerger of the dairy manufacturing business of Sarda Dairy & Food Products Ltd into Chhatisgarh Investments Ltd.
Case Title : Chhatisgarh Investments Limited and Sarda Dairy & Food Products Limited
Case Number : C.P.(CAA)/29/MB/2026 c/w C.A.(CAA)/261/MB/2025
CITATION : 2026 LLBiz NCLT (MUM) 686
NCLT Chennai Approves Merger Of India Radiators With Mercantile Ventures
The National Company Law Tribunal (NCLT) at Chennai has approved the Scheme of Amalgamation under which India Radiators Limited will merge with Mercantile Ventures Limited, holding that the scheme would benefit the companies and would not be detrimental to the interests of their shareholders.
Case Title : India Radiators Limited v. Mercantile Ventures Limited
Case Number : CP(CAA)/24(CHE)/2026 in CA(CAA)/103(CHE)/2025
CITATION : 2026 LLBiz NCLT(CHE) 693
NCLT Mumbai Approves Merger Of Wholly-Owned Subsidiary Embellish Houses Into Godrej Properties
The Mumbai Bench of the National Company Law Tribunal (NCLT) has recently sanctioned the scheme for amalgamation of Embellish Houses Private Limited, a wholly owned subsidiary of Godrej Properties Limited, with the listed real estate company after finding the proposal to be fair, reasonable, and in accordance with law.
Case Title : Embellish Houses Private Limited with Godrej Properties Limited
Case Number : CP(CAA)-25/MB/2026 c/w CA(CAA)-268/MB/2025
CITATION : 2026 LLBiz NCLT (MUM) 696
NCLT Ahmedabad Approves J B Chemicals-Torrent Pharmaceuticals Merger Scheme
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) on 6 July approved the Scheme of Amalgamation between J.B. Chemicals & Pharmaceuticals Ltd. and Torrent Pharmaceuticals Ltd., observing that the merger was bona fide and in the interest of shareholders and creditors.
Case Title : J.B. Chemicals & Pharmaceuticals Limited & Torrent Pharmaceuticals Limited
Case Number : C.P.(CAA)/21(AHM)2026 in CA(CAA)/6(AHM)2026
CITATION : 2026 LLBiz NCLT (AHM) 698
NCLT Mumbai Waives Membership Threshold For Film Producers' Association Members' Oppression Plea
The Mumbai Bench of the National Company Law Tribunal has allowed members of the Indian Motion Picture Producers' Association (IMPPA) to pursue an oppression and mismanagement petition by waiving the statutory membership requirement.
Case Title : MR. SANJEEV KUMAR SINGH V/s INDIAN MOTION PICTURE PRODUCERS ASSOCIATION & ORS.
Case Number : COMP.APPL/ 153(MB)2026
CITATION : 2026 LLBiz NCLT (MUM) 701
NCLT Mumbai Allows DEXIT Global's ₹203 Crore Preference Share Capital Reduction Under Companies Act
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 9 July approved DEXIT Global Limited's (formerly NSEIT Limited) proposal to reduce its preference share capital under Section 66 of the Companies Act, 2013, holding that the reduction was fair, lawful and not against public interest.
Case Title : DEXIT GLOBAL LIMITED
Case Number : C.P No. 70/MB/2025
CITATION : 2026 LLBiz NCLT (MUM) 712
Fresh Cause of Action Cannot Be Introduced Through Amendment To Company Petition: NCLT Kochi
The National Company Law Tribunal at Kochi has held that a fresh and independent cause of action cannot ordinarily be introduced through an amendment to an existing company petition.
Case Title : Biju Scaria and Anr v. Media Team Solutions (I) Pvt Ltd and Ors
Case Number : IA(C/Act)/1/KOB/2026 in CP(C/Act)/31/KOB/2024
CITATION : 2026 LLBiz NCLT(KOC) 714
The National Company Law Tribunal (NCLT) has dispensed with meetings of the equity shareholders of Jakson Limited and Jakson Infra Projects Limited while directing separate meetings of Jakson Limited's secured and unsecured creditors to consider a proposed scheme for the demerger of the company's businesses into Jakson Infra Projects Limited.
Case Title : JAKSON LIMITED Vs JAKSON INFRA PROJECTS LIMITED
Case Number : CA(CAA)-37/230-232/ND/2026
CITATION : 2026 LLBiz NCLT(DEL) 723
NCLT Chennai Directs MPS Limited To Convene Meetings For Amalgamation With ADI BPO Services
The Chennai National Company Law Tribunal (NCLT) on 2 July directed MPS Limited to convene meetings of its equity shareholders and unsecured creditors to consider its proposed scheme of amalgamation with wholly-owned subsidiary ADI BPO Services Limited.
Case Title : ADI BPO Services Limited and MPS Limited
Case Number : CA(CAA)/49(CHE)/2026
CITATION : 2026 LLBiz NCLT(CHE) 726
NCLT New Delhi Sanctions Amalgamation Of Indo Bevs With 'Brocode' Maker Indospirit Beverages
The New Delhi Bench of the National Company Law Tribunal (NCLT) on 15 July sanctioned the scheme of amalgamation between Indo Bevs Private Limited and Indospirit Beverages Private Limited, the manufacturer of the carbonated wine brand “Brocode”, observing that the Tribunal does not interfere with commercial decisions approved by shareholders and creditors.
Case Title : INDO BEVS PRIVATE LIMITED Vs INDOSPIRIT BEVERAGES PRIVATE LIMITED Case Number : (CAA)-92/230/232/ND/2025
CITATION : 2026 LLBiz NCLT(DEL) 727
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has directed meetings of the equity shareholders of Orient Cement Ltd. and Ambuja Cements Ltd. to consider their proposed scheme of amalgamation.
Case Title : Orient Cement Limited & Ambuja Cements Limited
Case Number : C.A.(CAA)/29(AHM)2026
CITATION : 2026 LLBiz NCLT (AHM) 732
Minority Shareholders Can Oppress Majority If They Control Company's Management: NCLT Chennai
The National Company Law Tribunal (NCLT) at Chennai has recently observed that the term "oppression" is not determined merely by numerical strength. It held that even a minority shareholder exercising effective managerial control can oppress a majority shareholder by abusing such control.
Case Title : S Ravindhra Reddy and Ors v. Silver Line Retreat Hotels Private Limited and Ors Case Number : CP(CA)/3(CHE)/2023 in IA(CA)/119(CHE)/2023
CITATION : 2026 LLBiz NCLT (CHE) 734
NCLT Chandigarh Orders Winding Up Of Punjab State Biotech Corporation After Biotech Park Failed
The Chandigarh bench of the National Company Law Tribunal (NCLT) has ordered the winding up of Punjab State Biotech Corporation after finding that it had not carried on any business for many years.
Case Title : PUNJAB STATE BIOTECH CORPORATION
Case Number : CP No.50/Chd/Pb/2024
CITATION : 2026 LLBiz NCLT(CHA) 733
NCLT Chandigarh Sanctions Banday Ideal Products-Banday Impex Merger
The Chandigarh National Company Law Tribunal (NCLT) has sanctioned a Composite Scheme of Arrangement providing for the merger of Banday Ideal Products Limited with Banday Impex Private Limited. Under the scheme, the transferor company will continue as a brand or division of the transferee company. The appointed date of the scheme is April 1, 2023.
Case Title : BANDAY IDEAL PRODUCTS LIMITED & BANDAY IMPEX PRIVATE LIMITED
Case Number : CP (CAA) 19/Chd/J&K of 2025
CITATION : 2026 LLBiz NCLT(CHA) 735
NCLT Ahmedabad Holds Removal Of Nominee Director Without Vested Rights Not Oppressive Conduct
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has recently held that the removal of a nominee director from the board, without any vested rights in the company, did not amount to oppressive or prejudicial conduct. The tribunal dismissed connected petitions filed by the director against Security Ops India Pvt. Ltd.
Case Title : Dhartiben Mukeshbhai Bhoraniya Vs Security Ops India Private Limited &Ors
Case Number : CP/29(AHM)2026 & 31/2026
CITATION : 2026 LLBiz NCLT (AHM) 739
NCLT Orders Stakeholder Meetings For Kinder Women's Hospital–Kindorama Healthcare Merger
The National Company Law Tribunal (NCLT) at Kochi on Wednesday directed the convening of meetings of the equity shareholders of Kinder Women's Hospital and Fertility Centre Private Limited.
It also ordered meetings of the secured and unsecured creditors of both Kinder Women's Hospital and Kindorama Healthcare Private Limited in connection with their proposed merger.
Case Title : Kinder Women's Hospital and Fertility Centre Private Limited and Kindorama Healthcare Private Limited
Case Number : CA(CAA)/09/KOB/2026
CITATION : 2026 LLBiz NCLT(KOC) 742
The Cuttack National Company Law Tribunal (NCLT) on 13 July held that the management of Sparsh Multispeciality Hospital Pvt. Ltd. oppressed minority shareholders by excluding them from the company's affairs and restored their directorships on the board.
Case Title : AJAY SOMANI & Ors Vs SPARSH MULTISPECIALITY HOSPITAL PRIVATE LIMITED & Ors
Case Number : IA (Companies Act) No 34/CB/2026 in CP No 61/CB/2022 & CA No 11/CB/2025 CITATION : 2026 LLBiz NCLT (CUT) 743
Income Tax Department Can Restore Struck-Off Company As 'Creditor' For Tax Assessment: NCLT Kochi
The National Company Law Tribunal (NCLT) at Kochi on 23 July held that the Income Tax Department qualifies as a “creditor” under Section 252(3) of the Companies Act, 2013, and can seek restoration of a struck-off company's name even when its claim is contingent or prospective. Section 252(3) allows the Tribunal to restore the name of a company removed from the Register of Companies if an application is made by, among others, a creditor and the Tribunal finds that restoration is necessary and just.
Case Title : Income Tax Officer v. Registrar of Companies and Ors
Case Number : Company Appeal (C/Act)/10/KOB/2026
CITATION : 2026 LLBiz NCLT (KOC) 744
NCLT Ahmedabad Orders RoC Inquiry Into Veer Fabricators' Share Transfer Dispute
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has declined to order rectification of the register of members of Veer Fabricators Private Limited at this stage.
It noted that no transfer documents, records of consideration, board approvals, or other material had been placed on record to establish the authenticity of the disputed share transfers.
Case Title : SHRI ASHOK RAMCHANDRA PANCHAL & Anr Vs VEER FABRICATORS PRIVATE LIMITED & Ors.
Case Number : APPEAL/60(AHM)2023
CITATION : 2026 LLBiz NCLT (AHM) 746
NCLT Ahmedabad Allows Electrotherm To Reissue Preference Shares Due To Lack Of Redemption Profits
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) on 21 July allowed Electrotherm (India) Limited to issue fresh redeemable preference shares in place of existing unredeemed preference shares, holding that accounting profits alone do not permit redemption unless such profits are legally available for declaration of dividend.
Case Title : Electrotherm (India) Limited
Case Number : Company Petition No.21/(AHM)/2025
CITATION : 2026 LLBiz NCLT (AHM) 752
NCLT Allahabad Sanctions India Glycols' Demerger Of Biopharma, Spirits & Biofuel Businesses
The Allahabad bench of the National Company Law Tribunal (NCLT) has recently sanctioned the scheme of arrangement proposed by India Glycols Limited, involving the demerger of its Biopharma and Spirits & Biofuel undertakings into Ennature Bio Pharma Limited and IGL Spirits Limited, respectively.
Case Title : INDIA GLYCOLS LIMITED, ENNATURE BIO PHARMA LIMITED & IGL SPIRITS LIMITED
Case Number : CP (CAA) NO.07/ALD/2026
CITATION : 2026 LLBiz NCLT (ALL) 755
The Chennai National Company Law Tribunal on 7 July held that a creditor's claim being barred by limitation does not take away its status as a creditor for filing a petition under Section 213 of the Companies Act, 2013, while clarifying that allegations of statutory violations, pending disputes or procedural defaults alone cannot justify an investigation into a company's affairs.
Case Title : M/s Electro Trade v. ETA Engineering Private Limited and Ors
Case Number : CP(IBC)/125(CHE)/2023
CITATION : 2026 LLBiz NCLT(CHE) 760
NCLT Ahmedabad Allows First Motion For Rubamin's Zinc And Copper Business Demerger
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has allowed the first motion application jointly filed by Rubamin Private Limited (Demerged Company) and Rubamin IGNISS Private Limited (Resulting Company) in connection with a scheme of arrangement to demerge the zinc and copper businesses from the former into the latter.
Case Title : Rubamin Private Limited & Rubamin Igniss Private Limited
Case Number : CA(CAA)/26(AHM)2026
CITATION : 2026 LLBiz NCLT (AHM) 761
NCLT Ahmedabad Allows First Motion Application For Amalgamation Of Five Renewable Energy Companies
The Ahmedabad National Company Law Tribunal (NCLT) on 2 July allowed the first motion application filed for the amalgamation of Sukavala Renewable Energy Private Limited, Pipartoda Renewable Energy Private Limited, Amreli Renewable Energy Private Limited and Raipar Renewable Energy Private Limited into Ratabhe Renewable Energy Private Limited.
Case Title : Sukavala Renewable Energy Private Limited & Ors
Case Number : CA(CAA)/20(AHM)2026
CITATION : 2026 LLBiz NCLT (AHM) 764
NCLT Ahmedabad Allows First Motion In ACC-Ambuja Cements Merger, Dispenses With Creditor Meetings
The Ahmedabad National Company Law Tribunal (NCLT) on 29 July allowed the first motion petition for the amalgamation of ACC Limited with Ambuja Cements Limited, permitting shareholder meetings while dispensing with meetings of creditors.
Case Title : ACC Limited and Ambuja Cements Limited
Case Number : C.A.(CAA)/33(AHM)2026
CITATION : 2026 LLBiz NCLT (AHM) 768
NCLT New Delhi Sanctions Fybros Moddular-Balar Marketing Merger, Holds Scheme Fair And Reasonable
The New Delhi National Company Law Tribunal (NCLT) on 15 July sanctioned the amalgamation scheme between Fybros Moddular Pvt. Ltd. and Balar Marketing Pvt. Ltd., holding that the merger was fair, reasonable and not prejudicial to the interests of shareholders or creditors.
Case Title : FYBROS MODDULAR PRIVATE LIMITED & BALAR MARKETING PVT. LTD.
Case Number : COMPANY PETITION NO. (CAA) - 7(ND)/2025
CITATION : 2026 LLBiz NCLT(DEL) 772