2024 Supreme(Online)(NCLT) 1274

S.No.2 IN THE NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCH – 1 VC AND PHYSCIAL (HYBRID) MODE ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON
13-02-2024 AT 10:30 AM IA No. 1023, 1143, 1226/2020, CA 28/2021, IA (CA) 8/2021, IA (CA) 76 &
98/2022, Contempt Petition 1/2021, Contempt Petition 1/2022, IA (CA) 42, 57, 74 & 38/2023 in CP No.203/241/HDB/2020 u/s. 241 of Companies Act, 2013 IN THE MATTER OF:
Mr. Srikant Gopal Rathi & 3 Others …Petitioner VS Nagarjuna Agro Chemicals Pvt Ltd & 8 Others …Respondent C O R A M:-
DR. VENKATA RAMAKRISHNA BADARINATH NANDULA, HON’BLE MEMBER (JUDICIAL)
SH. CHARAN SINGH, HON’BLE MEMBER (TECHNICAL)
O R D E R
CP No.203/241/HDB/2020 Orders pronounced. In the result, this company petition is allowed to the extent indicated in the order. No costs.
IA (CA) 38/2023 Orders pronounced. Since vide our order dated 14.12.2023 we have categorically directed both sides to pay the entire balance amount no further orders in this regard. We therefore, direct both parties to comply the direction dated 14.12.2023 within 15 days from today and file compliance, in default the applicant is at liberty to move this court for further directions. Accordingly, this application is allowed and disposed of.
IA (CA) 74 /2023 The relief sought in this application is covered in the main company petition, which we have disposed of today. Therefore, no separate order is required.
Accordingly, this application is disposed of.
IA (CA) 57/2023 Orders pronounced. In the result, this application is dismissed, however without costs.
IA (CA) 42/2023 Orders pronounced. In the result, this application is dismissed, however without costs.
Swapna IA (CA) 98/2022 Orders pronounced. In the result, this IA 98/2022 in IA No 664/2022 is allowed. We direct the Respondent No.1 to pay Rupees 36 Lakhs to the first Applicant and Rupees 30 Lakhs to Sri Srikanth Gopilal Rathi within 30 days from today and file compliance, in default the first petitioner Shri Sri Srikanth Gopilal Rathi, are at liberty to move before this court for further directions. With these directions this application is allowed and disposed of.
IA (CA) 76 /2022 The relief sought in this application is covered in the main company petition, which we have disposed of today. Therefore, no separate order is required.
Accordingly, this application is disposed of.
IA (CA) 8/2021 The relief sought in this application is covered in the main company petition, which we have disposed of today. Therefore, no separate order is required.
Accordingly, this application is disposed of.
CA 28/2021 The relief sought in this application is covered in the main company petition, which we have disposed of today. Therefore, no separate order is required.
Accordingly, this application is disposed of.
IA No. 1226/2020 The relief sought in this application is covered in the main company petition, which we have disposed of today. Therefore, no separate order is required.
Accordingly, this application is disposed of.
IA No. 1143/2020 The relief sought in this application is covered in the main company petition, which we have disposed of today. Therefore, no separate order is required.
Accordingly, this application is disposed of.
IA No. 1023/2020 The relief sought in this application is covered in the main company petition, which we have disposed of today. Therefore, no separate order is required.
Accordingly, this application is disposed of.
Contempt Petition 1/2022 Orders not pronounced. For orders on 28.02.2024.
Contempt Petition 1/2021 Orders not pronounced. For orders on 28.02.2024.
Sd/- Sd/-
MEMBER (T) MEMBER (J)
Swapna BEFORE THE HON’BLE COMPANY LAW TRIBUNAL HYDERABAD BENCH, HYDERABAD CP. No. 203/241/HDB/2020 Under Section 241 And 242 of the Companies Act, 2013.
In the matter of:
M/S NAGARJUNA AGRO CHEMICALS PVT LTD.
Between:
11. Shrikant Gopilal Rathi, R/o 9, Bahubali Nagar, Gopuri Nalwadi, Nagpur Road, Wardha- 442001.
22. Mrs. Preeti, W/o Shrikant Gopilal Rathi, R/o 9, Bahubali Nagar, Gopuri Nalwadi, Nagpur Road, Wardha- 442001.
33. Aviraj, S/o Shrikant Gopilal Rathi, R/o 9, Bahubali Nagar, Gopuri Nalwadi, Nagpur Road, Wardha- 442001.
.. Petitioners VERSUS
1. Nagarjuna Agro Chemicals Pvt.Ltd.
A company incorporated under The Companies Act, 1956 Registered Office at Flat no. 302, 3^rd Floor, Ujjwal Bhavishya Complex, Street No. 4, Umanagar, Begumpet, Hyderabad- 500016
2. Mr. Mukund Ghanshyamdasji Maheshwari (Daga), Aged about 48 years, R/o 401, Janpriya, Pramila Enclave, Umanagar, Begumpet, Hyderabad - 500016.
3. Mrs. Neeta Mukund Maheshwari (Daga), Aged about 42 years, R/o 401, Janpriya, Pramila Enclave, Umanagar, Begumpet, Hyderabad -500016. 4. Mrs. Shobha W/o. Ghanshyamdas Maheshwari (Daga)
Aged about 68 years, R/o 401, Janpriya, Pramila Enclave, Umanagar, Begumpeth, Hyderabad - 500016.
5. Mrs. Shyama Maheshwari, 4162, Prestige Parkview, Whitefield, Banglore-560066
6. M/s Kiah Biotech A Proprietary Concern of Mr. Mukund Maheshwari Flat No.1, Spring Heaven, Street-6, Umar Nagar, Begumpet, Hyderabad-500016
7. M/s Kimaira Construction Private Limited Registered Office at, F.N. 30, 3 Floor, Ujjawal Bhavishya Complex, St. N. 4, Kundanbagh, Begumpet, Hyderabad - 5000016 (Telangana)
8. M/s India Agri Innovative Technologies, A Proprietary Concern of Mrs. Neeta Mukund Maheshwari, Flat No.1, Spring Heaven, Street-6, Umar Nagar, Begumpet, Hyderabad-500016.
.. Respondents Date of order: 13^th February 2024 Coram:
DR. VENKATA RAMAKRISHNA BADARINATH NANDULA HON’BLE MEMBER (JUDICIAL)
SHRI CHARAN SINGH HON’BLE MEMBER (TECHNICAL)
Appearance:
For petitioners : Mr. P.H.Aravind Pandian, Senior Counsel with Mr. Y. Suryanarayana and Mr. M. Maharshi Viswaraj, Advocates.
For Respondents: Mr. S. Ravi, Senior Counsel with
1,2&4 Dr. S.V. Rama Krishna, Advocate.
For Respondent 3: Lankshana Viravalli, Advocate.
For Respondents : None.
5 to 8 PER BENCH