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NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Sharad Kumar Sharma, Member (Judicial), Jatindranath Swain, Member (Technical)
Mandava Prabhakar Rao – Appellant
Versus
Navneet Kumar Gupta – Respondent
| Table of Content |
|---|
| 1. initial facts outline the nature and context of the appeals. (Para 1 , 2 , 5) |
| 2. court discusses applicable regulations governing coc meetings. (Para 3 , 4 , 13 , 14 , 15 , 16) |
| 3. appellant raises concerns regarding procedural irregularities. (Para 6 , 7 , 8 , 9 , 10) |
| 4. determines the procedural integrity of the meetings discussed. (Para 28 , 29) |
| 5. final judgment dismisses appeals but adjusts costs. (Para 30 , 31 , 32) |
ORDER
(Hybrid Mode)
10.11.2025:
Since there is a difference of opinion in these two company appeals, we have given our respective opinions today. The Registry is directed to place the records of the company appeals before the Hon’ble Chairperson, for passing a suitable direction.
JUDGMENT
(Hybrid Mode)
[Per: Justice Sharad Kumar Sharma, Member (Judicial)]
These are two company appeals which has been preferred by invoking the provisions contained under Section 61 of the I & B Code, 2016, wherein,
(i) In Company Appeal (AT) (CH) (Ins) No.258/2025, the Appellant has preferred this company appeal upon being aggrieved against the order passed in IA(IBC)/256/2025, as it was preferred in pending IA No. 1724/2024 in the Principal proceedings of CP(IB) No. 306/10/HD
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