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2025 Supreme(Online)(NCLT) 5408

NATIONAL COMPANY LAW TRIBUNAL
Vinay Goel, Madhu Sinha, JJ
Stanly Aynikkal Antony – Appellant
Versus
Geostan Marine India Private Limited – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Aditya Venugopal
For the Respondents: Mr. Sankar P Panicker, Mr. K V Krishnakumar

ORDER

Per Coram

1. The present Review Application has been filed under Section 420 (2) of the Companies Act, 2013 , in respect of the Order dated 18.04.2022 (“Impugned Order”) passed by this Tribunal in CP/39/KOB/2020 seeking the following reliefs: -

a. To Recall and Review the impugned order dated 18.04.2022 passed by the Hon'ble NCLT, Kochi Bench in CP/39/KOB/2020;

b. To review and modify the Order dated 18.04.2022 in CP/39/KOB/2020 and to direct recovery of all illegal and unauthorized withdrawals made by Respondent No.2 from the Company;

c. To grant such other relief as this Hon'ble Tribunal may deem fit in the facts and circumstances of the case.

INTERIM RELIEF

This Hon'ble Tribunal be pleased to stay the operation of the impugned order dated 18.04.2022 passed by the Hon'ble NCLT, Kochi Bench in CP /39/KOB/20.

The brief facts of the case are as follows:

2. The main petition (CP/39/KOB/2020) has been filed by the Petitioner against the Respondents, alleging acts of oppression and mismanagement.

3. The Company was incorporated by the Petitioner and Respondent No. 2 with an authorized capital of Rs. 10 lakhs, divided into 1000 equity shares held equally by both parties. During the course

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