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2025 Supreme(Online)(NCLT) 5144

NATIONAL COMPANY LAW TRIBUNAL
SHRI. VINAY GOEL, SMT. MADHU SINHA, JJ
Hiran Valiyakkil Lal – Appellant
Versus
K.V.Sreeja – Respondent


Advocates:
For the Applicants :Mr. Vijay V. Paul, Advocate
For the Respondents:Mr. P R Shaji, Advocate, Mr. Vinay Mathew, Advocate
For the Applicant :Mr. P.R. Shaji, Advocate, Mr. Vinay Mathew, Advocate
For the Respondents No. 2 to 5:Mr. Vijay V. Paul, Advocate
For the Respondent No. 6:Thwalhath, Advocate
For the Petitioners:Mr. P R Shaji, Advocate
For the Respondents No. 2 to 5:Mr. Vijay V. Paul, Advocate
For the Respondents No. 6:Mr. Vinay Mathew, Advocate

Table of Content
1. initial aspects of winding-up petition cited. (Para 1 , 2 , 3 , 6)
2. discussion on document presentation for maintainability. (Para 4 , 5 , 8)
3. arguments against substitution and committee compliance noted. (Para 7 , 9 , 11)
4. court findings on partner movements and compliance. (Para 10 , 12)
5. final observations on compliance and legal standings. (Para 14 , 15 , 16)
6. petition dismissal and settlement outcomes. (Para 17 , 18 , 19)

ORDER

Per Coram:

1. This Winding-Up Petition has been filed by one of the partners of M/s Hardoll Enterprises under the provisions of the LLP Act, 2008. This Tribunal issued notice, and the Respondent Nos. 2 to 5 appeared through their counsel. The respondents No.2 to 5 in the main Petition filed objections on the maintainability application. The said objections were allowed by this Tribunal vide order dated 09.08.2023. Thereafter Petitioner in the main Petition approached the Hon’ble High Court of Kerala. The Hon’ble High Court of Kerala has set aside the order of this Tribunal vide the Judgement dated 11.10.2023 in OP(C) No. 1859 of 2023 and remanded the matter for fresh adjudication. This Tribunal, after hearing both sides again passe

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