LiveLawBiz Company Law Monthly Digest: June 2026
Shilpa Soman
1 July 2026 12:20 PM IST
SUPREME COURT
The Supreme Court has recently held that the validity of a vote cast on behalf of a society at a company's annual general meeting cannot be determined merely by who voted first. The Court ruled that voting authority must flow from the society's governing documents and the statutory framework regulating electronic voting.
Case Title : HINDUSTAN MEDICAL INSTITUTION vs BIRLA CORPORATION LTD AND ORS
Case Number : SLP (C) NO. 1182 OF 2023
CITATION : 2026 LLBiz SC 218
Supreme Court Refers Jindal Poly Films Minority Shareholder's Class Action Dispute To Arbitration
The Supreme Court on Monday referred to arbitration a class action dispute brought by minority shareholders of Jindal Poly Films Ltd. over alleged undervalued related-party transactions.
In doing so, it set aside NCLT and NCLAT rulings that had permitted the shareholders' Section 245 class action petition to proceed.
Case Title : JINDAL POLY FILMS LTD vs MONET SECURITIES PRIVATE LIMITED & ORS.
Case Number : Diary No. 25829 of 2026
CITATION : 2026 LLBiz SC 222
HIGH COURTS
Delhi HC Refuses To Quash Case Against Aryan Energy, Says Coal Beneficiation Issue Must Go To Trial
On 1 June, the Delhi High Court refused to quash criminal proceedings against Aryan Energy Pvt Ltd., holding that whether coal beneficiation amounts to “manufacturing” under the Companies Act, 2013 requires evidence and cannot be decided at the stage of quashing.
Case Title : ARYAN ENERGY PVT. LTD vs UNION OF INDIA & ORS
Case Number : CRL.M.C. 4350/2018
CITATION : 2026 LLBiz HC (DEL) 586
The Karnataka High Court has recently quashed criminal proceedings against chartered accountant M.N. Gunasheela, a former director of Vihaan Direct Selling (India) Pvt Ltd, in connection with a complaint concerning the affairs of the company.
Case Title : MOODBIDRI NAGAVARMA GUNASHEELA vs REGISTRAR OF COMPANIES, KARNATAKA
Case Number : CRIMINAL PETITION No.12441 OF 2022
CITATION : 2026 LLBiz HC (KAR) 78
The Calcutta High Court on 8 June held that a Company Court may transfer a pending winding-up proceeding to the National Company Law Tribunal (NCLT) even in the absence of a formal application by any party, provided it applies its mind and finds that the liquidation has not reached an irreversible stage.
Case Title : ANIL KUMAR MURARKA -VERSUS- THE OFFICIAL LIQUIDATOR AND ANR.
Case Number : APO/44/2025 With CP/413/2015
CITATION : 2026 LLBiz HC (CAL) 155
NCLT Consent Order Does Not Bar Appeal Against Unconsented Penalty: Kerala High Court
The Kerala High Court on 10 June held that even where an order of the National Company Law Tribunal (NCLT) is recorded as a consent order, a party may still challenge a penal condition before the appellate tribunal if it was not specifically consented to.
Case Title : M/s Granox Paper & Boards (P) Ltd and Anr v. National Company Law Tribunal and Anr
Case Number : WP(C) No. 12795 of 2026
CITATION : 2026 LLBiz HC(KER) 110
Bona Fide Dispute Over Liability Bars Winding Up Proceedings: Madhya Pradesh High Court
The Madhya Pradesh High Court at Gwalior on 22 June held that a bona fide dispute over the rate of goods supplied to a company bars initiation of winding-up proceedings under Sections 433(e), 434(1)(a) and 439(1)(d) of the Companies Act, 1956.
Case Title : MAHAVIR ENTERPRISES Vs GWALIOR SUGAR COMPANY LTD
Case Number : COMPANY PETITION No. 12 of 2010
CITATION : 2026 LLBiz HC (MP) 49
NCLAT
IL&FS Fraud Case: NCLAT Restrains Further Action Against Deloitte, SRBC, BSR
The National Company Law Appellate Tribunal (NCLAT) has recently restrained further action against Deloitte Haskins & Sells LLP, SRBC & Co LLP, BSR & Associates LLP and other auditors under Section 339 of the Companies Act, 2013 in the IL&FS matter, pending consideration of their challenge to the maintainability of the proceedings.
Case Title : Udayan Sen Vs Union of India
Case Number : Company Appeal (AT) 192/2026, 193/2026, 199/2026, 200/2026, 201/2026, 214/2026, 215/2026
CITATION : 2026 LLBiz NCLAT 250
Eros International Media Limited has approached the National Company Law Appellate Tribunal (NCLAT) against an order that sent to arbitration its dispute with the promoters of Colour Yellow Productions Pvt. Ltd., including filmmaker Aanand L. Rai.
Case Title : Eros International Media Limited Vs Colour Yellow Productions Private Limited & Ors
Case Number : Company Appeal (AT) No. 231 of 2026
Advance Paid For Kerala Trade Centre Space Not A Deposit With Kerala Chamber Of Commerce: NCLAT
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) on 2 June held that an advance of Rs. 30,00,000 paid towards the Kerala Trade Centre project did not constitute a deposit with the Kerala Chamber of Commerce & Industry, but represented only an advance for booking space in a separate entity.
Case Title : K.M. Abdulla Vs Kerala Chamber of Commerce & Industry
Case Number : Company Appeal (AT) (CH) No. 57/2021
CITATION : 2026 LLBiz NCLAT 256
NCLT
The Bengaluru National Company Law Tribunal (NCLT) on 29 May 2026 sanctioned a Scheme of Amalgamation between Tritonvalves Climatech Private Limited and Triton Valves Limited after it found no impediment to approval once the companies addressed all concerns raised by statutory authorities.
Case Title : Tritonvalves Climatech Private Limited v. Triton Valves Limited
Case Number : CP(CAA) No. 42/BB/2025
CITATION : 2026 LLBiz NCLT (BEN) 520
The Indore Bench of the National Company Law Tribunal (NCLT) on 4 May allowed an appeal filed by the Income Tax Department seeking restoration of a struck-off company, holding that the Department qualifies as a “creditor” under Section 252(3) of the Companies Act, 2013 and is entitled to seek revival to pursue pending reassessment proceedings.
Case Title : Department of Income Tax through Principal Commissioner Vs ROC Gwalior MP & Anr
Case Number : Co.Appeal/3(MP)2022
CITATION : 2026 LLBiz NCLT(IND) 521
NCLT Bengaluru Approves Puresoftware–Happiest Minds Composite Scheme Of Arrangement
The Bengaluru Bench of the National Company Law Tribunal (NCLT) on 29 May sanctioned a Composite Scheme of Arrangement between Puresoftware Technologies, a wholly owned subsidiary, and Happiest Minds Technologies Limited, a listed company.
Case Title : Puresoftware Technologies Private Limited v. Happiest Minds Technologies Limited
Case Number : CP(CAA) No. 41/BB/2025
CITATION : 2026 LLBiz NCLT(BEN) 522
The Indore Bench of the National Company Law Tribunal (NCLT) on 4 May allowed an appeal filed by the Income Tax Department seeking restoration of a struck-off company, holding that the Department qualifies as a “creditor” under Section 252(3) of the Companies Act, 2013 and is entitled to seek revival to pursue pending reassessment proceedings.
Case Title : Department of Income Tax through Principal Commissioner Vs ROC Gwalior MP & Anr
Case Number : Co.Appeal/3(MP)2022
CITATION : 2026 LLBiz NCLT(IND) 521
NCLT Bengaluru Approves Puresoftware–Happiest Minds Composite Scheme Of Arrangement
The Bengaluru Bench of the National Company Law Tribunal (NCLT) on 29 May sanctioned a Composite Scheme of Arrangement between Puresoftware Technologies, a wholly owned subsidiary, and Happiest Minds Technologies Limited, a listed company.
Case Title : Puresoftware Technologies Private Limited v. Happiest Minds Technologies Limited
Case Number : CP(CAA) No. 41/BB/2025
CITATION : 2026 LLBiz NCLT(BEN) 522
NCLT Mumbai Clears First Motion In GE Power India–JSW Energy Durgapur Demerger Scheme
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 2 June cleared the first motion application in the proposed demerger of the Durgapur manufacturing business of GE Power India Limited into JSW Energy Limited.
Case Title : GE Power India Limited, JSW Energy Limited
Case Number : C.A. (CAA) NO. 88 (MB)/2026
CITATION : 2026 LLBiz NCLT (MUM) 523
NCLT Approves Merger Of Buildtech Products India With Thermax, Terms Scheme Fair And Reasonable
On 2 June, the Mumbai National Company Law Tribunal (NCLT) sanctioned the merger by absorption of Buildtech Products India Private Limited with Thermax Limited under Sections 230 to 232 of the Companies Act, 2013.
Case Title : BUILDTECH PRODUCTS INDIA PRIVATE LIMITED, THERMAX LIMITED
Case Number : C.P.(CAA)/39(MB)2026 In C.A.(CAA)/7(MB)2026
CITATION : 2026 LLBiz NCLT (MUM) 524
NCLT Bengaluru Approves Amalgamation Of Blue Planet Foods And Red Apple Kitchen Consultancy
The Bengaluru Bench of the National Company Law Tribunal (NCLT) on 29 May, approved a Scheme of Amalgamation between Blue Planet Foods Private Limited and Red Apple Kitchen Consultancy Private Limited with effect from 1 April 2024.
Case Title : Blue Planet Foods Private Limited and Red Apple Kitchen Consultancy Private Limited
Case Number : CP(CAA) No. 34/BB/2025
CITATION : 2026 LLBiz NCLT(BEN) 526
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 2 June sanctioned a Scheme of Amalgamation providing for the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with Kirloskar Ferrous Industries Limited (KFIL) under Sections 230 to 232 of the Companies Act, 2013.
Case Title : OLIVER ENGINEERING PRIVATE LIMITED AND ADICCA ENERGY SOLUTIONS PRIVATE LIMITED WITH KIRLOSKAR FERROUS INDUSTRIES LIMITED
Case Number : CP (CAA) NO. 46/MB/2026 IN CA (CAA) NO. 23/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 525
No Impleadment Of Company Secretary In O&M Case Merely For Filing Statutory Forms: NCLT Guwahati
On 1 June, the Guwahati Bench of the National Company Law Tribunal (NCLT) held that a practising Company Secretary cannot be made a party in oppression and mismanagement proceedings under Sections 241 and 242 of the Companies Act, 2013 merely for certifying or filing statutory forms in the course of professional work, unless there are specific allegations of collusion or direct involvement in the company's affairs.
Case Title : Biman Debnath v. Abhishek Goenka and Anr
Case Number : IA(Comp.Act)/3/GB/2025 in CP/3/GB/2025
CITATION : 2026 LLBiz NCLT(GUA) 528
NCLT Indore Restores Mandovi Marine Pvt. Ltd. Despite Non-Filing Since 1991
The Indore Bench of the National Company Law Tribunal (NCLT) on 2 June, allowed restoration of Mandovi Marine Pvt. Ltd. under Section 252(3) of the Companies Act, 2013, despite the company's prolonged failure to file statutory returns and balance sheets since 1991.
Case Title : Dileep Naik Vs ROC
Case Number : CP/3(MP)2026
CITATION : 2026 LLBiz NCLT(IND) 533
NCLT Mumbai Allows MCA Plea To Pursue Milind Patel, Others For Alleged IL&FS Fraud
The National Company Law Tribunal (NCLT) at Mumbai allowed the Ministry of Corporate Affairs (MCA) to amend its pending IL&FS mismanagement petition.
The amendment introduces a prayer under Section 339 of the Companies Act, 2013 which permits the Tribunal to hold persons who knowingly participated in fraudulent conduct personally liable to compensate creditors and other victims against Milind Patel and several other individuals named in the SFIO investigation report relating to IFIN.
Case Title : Union of India, Ministry of Corporate Affairs Versus Milind Patel and Ors.
Case Number : Comp. Appl. No. 165 (MB) 2025 IN C.P. No. 3638 (MB) 2018
CITATION : 2026 LLBiz NCLT (MUM) 535
NCLT Mumbai Allows Amendment Of Oppression, Mismanagement Plea Against Shajas Developers
The National Company Law Tribunal (NCLT) at Mumbai has allowed an application filed by Moniveda Consultants LLP and shareholder Rajat Jhunjhunwala seeking amendment of their oppression and mismanagement petition against Shajas Developers Pvt Ltd and others.
Case Title : Moniveda Consultants LLP, Rajat Jhunjhunwala V/s Shajas Developers Private Limited & Ors.
Case Number : IA(COMPANIES.ACT) No. 106 of 2026
CITATION : 2026 LLBiz NCLT (MUM) 536
NCLT Allahabad Allows First Motion In Merger Of Eight Radico Group Companies With Radico Khaitan
The Allahabad Bench of the National Company Law Tribunal (NCLT) has allowed a first-motion application for the proposed amalgamation of eight Radico group companies, including Radico Spiritzs India Pvt. Ltd., with listed company Radico Khaitan Ltd.
Case Title : RADICO SPIRITZS INDIA PVT. LTD., RADICO KHAITAN LIMITED & Ors
Case Number : CA (CAA) No.7/ALD/2026
CITATION : 2026 LLBiz NCLT (ALL) 538
NCLT Ahmedabad Directs Equity Shareholders' Meeting For Omkar Overseas Capital Reduction Plan
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has directed Omkar Overseas Limited to convene a meeting of its equity shareholders to consider a proposed scheme of arrangement involving reduction of share capital.
Case Title : Omkar Overseas Limited
Case Number : CA(CAA)/48(AHM)2025
CITATION : 2026 LLBiz NCLT (AHM) 540
NCLT Chandigarh Approves ₹8,000 Crore Share Capital Reduction Plan Of General Motors India
The Chandigarh bench of the National Company Law Tribunal (NCLT) has approved General Motors India Private Limited's application for reduction of its share capital by ₹8,000 crore.
The reduction will allow the company to set off accumulated losses of ₹7,560 crore and pay ₹440 crore to its equity shareholders.
Case Title : General Motors India Private Limited
Case Number : CP No.62/Chd/Hry/2025
CITATION : 2026 LLBiz NCLT(CHA) 542
NCLT Mumbai Orders 50% Shareholder To Exit Urja Niyojan At Nil Value Over Deadlock In Management
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 3 June directed the exit of a 50% shareholder of Urja Niyojan Pvt Ltd at nil value, holding that a complete managerial deadlock and irretrievable breakdown of trust between equal shareholders had stalled the company's functioning.
Case Title : MADHAV SHRIDHAR DANDAVATE Versus URJA NIYOJAN PVT. LTD. & ORS
Case Number : CP 82 of 2020
CITATION : 2026 LLBiz NCLT (MUM) 546
Allegations Of Oppression To Be Tested Only At Final Hearing, Not Amendment Stage: NCLT Mumbai
On 5 June, the Mumbai Bench of the National Company Law Tribunal (NCLT) held that allegations of oppression and mismanagement cannot be examined at the stage of deciding an application for amendment of pleadings in a company petition, observing that such issues can be adjudicated only at the final stage after parties are given an opportunity to contest the amended pleadings on merits.
Case Title : Ghatge Patil Automobiles Pvt. Ltd. Versus Ms. Nutan Pradhan and Anr.
Case Number : C.A. No. 347/2025 & I.A. No. 9/2026 in C.P. No. 116 (MB) 2025
CITATION : 2026 LLBiz NCLT (MUM) 547
NCLT Chandigarh Allows AmberPR–Amber Enterprises Merger First Motion, Dispenses With Meetings
The Chandigarh Bench of the National Company Law Tribunal (NCLT) on 5 June allowed the joint first motion application filed by AmberPR Technoplast India Pvt. Ltd. (Transferor Company) and Amber Enterprises India Ltd. (Transferee Company) in a scheme of amalgamation.
Case Title : AmberPR Technoplast India Private Limited & Amber Enterprises India Limited
Case Number : CA(CAA) No. 11/Chd/Pb/2026
CITATION : 2026 LLBiz NCLT(CHA) 551
NCLT Ahmedabad Allows First Motion In Amalgamation Of Arcelor Mittal Nippon Steel Group Entities
The Ahmedabad bench of the National Company Law Tribunal (NCLT) directed AMNS Ports India Limited to convene a meeting of its equity shareholders and AMNS Ports Hazira Limited to convene a meeting of its unsecured creditors.
Case Title : AMNS Ports Shared Services Private Limited, AMNS Ports India Limited and AMNS Ports Hazira Limited
Case Number : CA(CAA)18/(AHM)/2026
CITATION : 2026 LLBiz NCLT (AHM) 554
NCLT Mumbai Allows First Motion in Alkem–Adroit Biomed Merger, Orders Shareholders' Meeting
On 10 June, the Mumbai Bench National Company Law Tribunal (NCLT), allowed the first motion application in the proposed merger of Adroit Biomed Limited with its parent company Alkem Laboratories Limited and directed Alkem to convene a shareholders' meeting to consider and approve the scheme.
Case Title : ADROIT BIOMED LIMITED, ALKEM LABORATORIES LIMITED
Case Number : C.A.(CAA)/44/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 563
NCLT Mumbai Sanctions Greenwood's Acquisition Of Aran's Stake In Aranca For ₹92.87 Lakh
On 10 June, the Mumbai Bench of the National Company Law Tribunal (NCLT) sanctioned a scheme under Sections 230 to 232 and 234 of the Companies Act, 2013, allowing Greenwood Research & Management Limited to acquire the minority shareholding of Hemendra Aran in Aranca (Mumbai) Private Limited for approximately Rs. 92.87 lakh.
Case Title : Greenwood Research & Management Limited
Case Number : C.P. (C.A.A)/259(MB) 2025
CITATION : 2026 LLBiz NCLT (MUM) 564
The National Company Law Tribunal (NCLT) at Bengaluru has recently held that the mere existence of a clause providing only for the possibility of arbitration does not require disputes to be referred to arbitration.
A coram of Judicial Member Sunil Kumar Aggarwal and Technical Member Radhakrishna Sreepada dismissed an application filed by Vishrutha Dhruva and Amit Kumar Tyagi, who are parties to the Shareholders' Agreement and hold employment with Acumen Technical Advisory Pvt. Ltd. The application sought reference of the dispute to arbitration.
Case Title : Ms. Vishrutha Dhruva and Anr v. AIR Works UK Engineering Limited and Ors
Case Number : CA No. 118 of 2025 in CP No. 64/BB/2025
CITATION : 2026 LLBiz NCLT(BEN) 567
NCLT Mumbai Clears First Motion For L&T Realty Business Demerger Into Wholly Owned Subsidiary
The Mumbai Bench of the National Company Law Tribunal (NCLT) has allowed a first-motion application in the proposed demerger of Larsen & Toubro Ltd's (L&T) realty business into its wholly owned subsidiary, L&T Realty Properties Ltd.
Case Title : Larsen & Toubro Ltd, L&T Realty Properties Ltd
Case Number : CA (CAA) 59/MB-III/2026
CITATION : 2026 LLBiz NCLT (MUM) 568
The National Company Law Tribunal (NCLT), New Delhi, has allowed a first-motion application jointly filed by Sammaan Finserve Limited (SFL) and Sammaan Capital Limited (SCL) in relation to a proposed scheme for the demerger of SFL's NBFC business into SCL. The tribunal also directed the convening of a meeting of SCL's equity shareholders through video conferencing.
Case Title : SAMMAAN FINSERVE LIMITED & SAMMAAN CAPITAL LIMITED
Case Number : COMPANY APPLICATION NO. CA. (CAA)-31/ND/2026
CITATION : 2026 LLBiz NCLT(DEL) 576
The Indore Bench of the National Company Law Tribunal (NCLT) has allowed a first-motion application filed by Indo Thai Securities Limited (ITSL) and its wholly owned subsidiary, Indo Thai Financial Services Limited (ITFSL), in connection with a proposed demerger of ITSL's broking and distribution business.
Case Title : Indo Thai Securities Ltd & Indo Thai Financial Services Ltd
Case Number : CA(CAA)/4(MP)2026
CITATION : 2026 LLBiz NCLT(IND) 577
NCLT Kochi Allows First Motion For Foam Mattings–KSCCL Amalgamation Scheme
The Kochi Bench of the National Company Law Tribunal (NCLT) on 1 June allowed the first motion application for the proposed amalgamation of Foam Mattings (India) Limited (FOMIL) with The Kerala State Coir Corporation Limited (KSCCL).
Case Title : M/s Foam Mattings (India) Limited v. M/s The Kerala State Coir Corporation Limited
Case Number : CA(CAA)/04/KOB/2026
CITATION : 2026 LLBiz NCLT(KOC) 581
NCLT Allahabad Allows First Motion For KFPL–FPL Demerger Of Fleather Business
The Allahabad Bench of the National Company Law Tribunal (NCLT) on 10 June, allowed the first motion application filed by Kanpur Flowercycling Pvt. Ltd. (KFPL) and Fleather Pvt. Ltd. (FPL), approving the proposed demerger of KFPL's Fleather Business into FPL.
Case Title : KANPUR FLOWERCYCLING PRIVATE LIMITED Vs FLEATHER PRIVATE LIMITED
Case Number : CA (CAA) No.10/ALD/2026
CITATION : 2026 LLBiz NCLT (ALL) 582
NCLT Chandigarh Admits RoC Plea To Wind Up Siraj-Ul-Uloom Welfare Foundation
The Chandigarh Bench of the National Company Law Tribunal (NCLT) on 11 June admitted a petition filed by the Registrar of Companies (RoC), Jammu & Kashmir and Ladakh, seeking winding up of Siraj-Ul-Uloom Welfare Foundation under Section 271(b) of the Companies Act, 2013.
Case Title : Registrar of Companies Vs Siraj-Ul-Uloom Welfare Foundation
Case Number : CP NO.41/Chd/J&K/2026
CITATION : 2026 LLBiz NCLT(CHA) 583
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has recently refused to permit release of Rs 9.15 crore kept in a debt service reserve account (DSRA) linked to Blu-Smart Charge Pvt. Ltd., observing that the amount should remain preserved while investigations continue into the wider Gensol-BluSmart group's Rs 166 crore fund trail.
Case Title : Catalyst Trusteeship Limited Vs Union of India
Case Number : IA No. 129 of 2025 In CP No. 33 of 2025
CITATION : 2026 LLBiz NCLT (AHM) 588
Union Govt. Authorised SFIO Officer Can File Winding Up Petition Under Companies Act: NCLT Kolkata
On 12 June, the Kolkata Bench of the National Company Law Tribunal (NCLT) held that a person authorised by the Central Government can validly institute winding-up proceedings under Sections 271 and 272 of the Companies Act, 2013.
Case Title : Union Of India Through Serious Fraud Investigation Officer Versus MPS Greenery Developers Limited
Case Number : I.A No 204/KB/2023 In C.P No. 309/KB/2022
CITATION : 2026 LLBiz NCLT (MUM) 594
NCLT Ahmedabad Orders Restoration Of 21,000 Ambuja Cements Shares To Original Holders
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has directed Ambuja Cements Limited to rectify its Register of Members by restoring two shareholders as joint holders of 21,000 equity shares and removing the name of another individual.
Case Title : Ambuja Cements Limited Vs Rajashree Sachin Kulkami & Qrs
Case Number : Appeal/21(AHM)2025
CITATION : 2026 LLBiz NCLT (AHM) 597
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has directed Palco Metals Limited to convene meetings of its equity shareholders and unsecured creditors within 45 days in connection with a proposed amalgamation with its wholly owned subsidiary, Palco Recycle Industries Limited.
Case Title : Palco Recycle Industries Limited and Palco Metals Limited
Case Number : CA(CAA)/2(AHM)2026
CITATION : 2026 LLBiz NCLT (AHM) 598
NCLT Mumbai Approves NSE Academy's ₹241.32 Crore Preference Share Capital Reduction
The Mumbai Bench of the National Company Law Tribunal (NCLT) has recently approved NSE Academy Limited's proposal to reduce up to ₹241.32 crore of its paid-up preference share capital.
Case Title : NSE ACADEMY LIMITED
Case Number : CP No. 137/MB/2025
CITATION : 2026 LLBiz NCLT (MUM) 601
NCLT Mumbai Allows First Motion Plea In Merger Of News18 Marathi With Network18
On 17 June, the Mumbai Bench of the National Company Law Tribunal (NCLT) allowed a first motion application seeking directions regarding the proposed merger of News18 Marathi Private Limited with its holding company Network18 Media & Investments Limited.
Case Title : News18 Marathi Private Limited (Transferor Company) with Network18 Media & Investments Limited (Transferee Company)
Case Number : CA(CAA)-95/MB/2026
CITATION : 2026 LLBiz NCLT (MUM) 606
NCLT Mumbai Allows First Motion Plea For Merger Of Hinduja Leyland Finance Into NDL Ventures
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 17 June allowed a first-motion application relating to the proposed merger of Hinduja Leyland Finance Limited (HLFL), an RBI-registered non-banking financial company (NBFC), into NDL Ventures Limited.
Case Title : HINDUJA LEYLAND FINANCE LIMITED …First Applicant Company/ Amalgamating Company/Transferor Company And NDL VENTURES LIMITED … Second Applicant Company/ Amalgamated Company/ Transferee Company
Case Number : C.A. (CAA) NO. 107 (MB)/2026
CITATION : 2026 LLBiz NCLT (MUM) 609
No Minimum Shareholding Required To Seek Restoration Of Struck-Off Company: NCLT Indore
The National Company Law Tribunal (NCLT) at Indore has recently held that a shareholder's right to seek restoration of a struck-off company's name is an individual statutory right. It does not depend on the extent of shareholding in the company.
Case Title : Arun Dagaria Vs RoC
Case Number : Co.Appeal/5(MP)2025
CITATION : 2026 LLBiz NCLT(IND) 611
The Mumbai Bench of the National Company Law Tribunal (NCLT) has directed Delta Corp Limited to convene meetings of its shareholders and unsecured creditors to consider a proposed restructuring scheme that would separate its hospitality and real estate businesses from its gaming operations.
Case Title : DELTA CORP LIMITED, DELTIN HOTEL & RESORTS PRIVATE LIMITED, DELTA PENLAND LIMITED, DELTIN CRUISES AND ENTERTAINMENT
Case Number : CA (CAA) No. 222/MB/2025
CITATION : 2026 LLBiz NCLT (MUM) 614
The National Company Law Tribunal (NCLT) in Mumbai bench has rejected a liquidator's contention that Kotak Mahindra Bank relinquished its security interest by proving its entire claim and participating in the first creditors' meeting during the winding up of Brijeel Foods & Beverages Pvt Ltd.
Case Title : KOTAK MAHINDRA BANK LIMITED Versus ANIL KASHI DROLIA
Case Number : Company Application 85 MB 2026
CITATION : 2026 LLBiz NCLT (MUM) 616
NCLT Guwahati Restores Company Struck Off 15 Years Ago, Cites Asset Ownership Despite Defaults
The Guwahati Bench of the National Company Law Tribunal (NCLT) on 12 June held that mere non-filing of statutory returns cannot, by itself, justify refusal to restore a company's name to the Register of Companies when records indicate that the company continued to hold assets or carry on business operations.
Case Title : Azizur Raja Rahman (Alias Azizur Rahman Sheikh) v. Registrar of Companies, Guwahati & Anr.
Case Number : CP/4/GB/2026
CITATION : 2026 LLBiz NCLT (GUA) 617
NCLT Chennai Sanctions Merger Of Encore IT Services Solution With Sonata Software
The Chennai Bench of the National Company Law Tribunal (NCLT) on 5 June approved the amalgamation of Encore I.T Services Solution Private Limited with its holding company Sonata Software Limited, holding that the scheme did not prejudice the interests of the companies' members.
Case Title : Encore IT Services Solution Private Limited v. Sonana Software Limited
Case Number : CP(CAA)/17(CHE)/2025 in CA(CAA)/56(CHE)/2024
CITATION : 2026 LLBiz NCLT(CHE) 618
NCLT Chennai Dispenses With Shareholder Meetings In Ford Motor-Ford India Merger
The National Company Law Tribunal (NCLT), Chennai, has permitted the proposed amalgamation of Ford Motor Private Limited with Ford India Private Limited to move to the next stage.
While dispensing with meetings of equity shareholders of both companies, it directed meetings of unsecured creditors to consider the scheme.
Case Title : Ford Motor Private Limited and Ford India Private Limited
Case Number : CA(CAA)/31 (CHE)/2026
CITATION : 2026 LLBiz NCLT (CHE) 620
NCLT Chennai Orders Shareholder, Creditor Meetings For Renault Group Restructuring Scheme
The National Company Law Tribunal (NCLT) at Chennai has allowed a first motion application concerning a proposed restructuring involving three Indian entities of French automobile maker Renault.
The proposal envisages the demerger of Renault Nissan Automotive India Private Limited's powertrain business into Renault India Powertrain Private Limited. It also provides for the amalgamation of Renault Nissan Automotive India Private Limited with Renault India Private Limited.
Case Title : Renault Nissan Automotive India Private limited and Ors
Case Number : CA(CAA) /50 (CHE) /2026
CITATION : 2026 LLBiz NCLT(CHE) 622
Financial Statements Can Be Revised If They Fail To Present True And Fair View: NCLT Chennai
The National Company Law Tribunal (NCLT) at Chennai has held that financial statements that do not accurately reflect the true nature of transactions and fail to present a true and fair view of a company's affairs may be revised.
Case Title : Cameron Manufacturing (India) Private Limited v. Regional Director, Southern Region, Ministry of Corporate Affairs
Case Number : CP(CA)/155(CHE)/2021
CITATION : 2026 LLBiz NCLT(CHE) 623
NCLT Mumbai Dispenses With Shareholder Meetings For Parle Group Restructuring Scheme
The Mumbai bench of the National Company Law Tribunal has dispensed with meetings of the equity shareholders of Parle Products Pvt Ltd, Parle Brands Pvt Ltd and Parle Biscuits Pvt Ltd.
Case Title : Parle Products Private Limited ….First Applicant Company/ Demerged Company 1/ Transferor Company And Parle Brands Private Limited, Second Applicant Company/ Resulting Company
Case Number : C.A. (CAA) NO. 105 (MB)/2026
CITATION : 2026 LLBiz NCLT (MUM) 625
The National Company Law Tribunal at Mumbai has recently dispensed with meetings of shareholders and creditors in connection with the proposed merger of Everblue Apparel Limited (EBAL), a wholly owned subsidiary of Raymond Limited, with Raymond Limited.
Case Title : Everblue Apparel Limited ….First Applicant Company/ Transferor Company With Raymond Limited ….Second Applicant Company/ Transferee Company
Case Number : C.A. (CAA) NO. 96 (MB)/2026
CITATION : 2026 LLBiz NCLT (MUM) 626
NCLT Mumbai Holds AGM Default Compoundable, Levies ₹40.90 Lakh On Kolhapur Hotels Directors
The Mumbai Bench of the National Company Law Tribunal (NCLT) on 9 June compounded the violation, imposing a total compounding fee of Rs. 40.90 lakh on Kolhapur Hotels Pvt Ltd and its two directors for breach of Section 96 of the Companies Act relating to Annual General Meeting (AGM) requirements.
Case Title : Kolhapur Hotels Private Limited & Ors vs Registrar of Companies, Pune
Case Number : CP NO. 188/MB/2023
CITATION : 2026 LLBiz NCLT (MUM) 633
NCLT Ahmedabad Orders Secured Creditors' Meeting In Resolute Corp Bharat Demerger Scheme
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has recently directed a meeting of the secured creditors of Resolute Corp Bharat Pvt Ltd in relation to a proposed demerger of its agro-commodity trading business into Growthspirit Trading Pvt Ltd.
Case Title : Resolute Corp Bharat Pvt. Ltd & Growthspirit Trading Pvt. Ltd
Case Number : C.A.(CAA)/7(AHM)2026
CITATION : 2026 LLBiz NCLT (AHM) 639
NCLT Chennai Clears First Motion For Refex Industries' Green Mobility Business Restructuring
The National Company Law Tribunal (NCLT) at Chennai has allowed the first motion application filed by Refex Industries Limited (RIL) in relation to a composite scheme of amalgamation and arrangement involving Refex Green Mobility Limited (RGML) and Refex Mobility Limited (RML).
Case Title : Refex Industries Ltd
Case Number : CA(CAA)/43(CHE)/2026
CITATION : 2026 LLBiz NCLT(CHE) 652
On June 19, the Chennai Bench of the National Company Law Tribunal (NCLT) ordered the defreezing of Congress MP Karti P. Chidambaram's salary account and the bank accounts of his family members.
However, it directed that the freeze on his other personal bank accounts, fixed deposits, and movable assets would continue in connection with an ongoing Serious Fraud Investigation Office (SFIO) probe under Section 212(14A) of the Companies Act, 2013.
Case Title : Karti P Chidambaram v. Union of India and Anr
Case Number : Contempt Petition No. 4 of 2025 in CP/110(CHE)/2025
CITATION : 2026 LLBiz NCLT(CHE) 662