IN THE NATIONAL COMPANY LAW TRIBUNAL

AMARAVATI BENCH

(Through Hybrid Mode)

Item No.7

IA(Companies Act)/25/2025, IA(Companies Act)/26/2025, IA(Companies Act)/20/2024, IA(Companies Act)/21/2024, IA(Companies Act)/22/2024,

IA(Companies Act)/13/2024 in

CP/7/241/AMR/2024

IN THE MATTER OF:

Sri.Veera Bhoga Vasanta Rayalu Sabbavarapu and Smt. Nirmala Sabbavarapu

.… Petitioners

Versus

Sunray Green Space Pvt Ltd and 8 Ors …. Respondents

Under Section: 241, 242, 244, 213 of Companies Act, 2013

Rule: 11, 55 of the NCLT Rules, 2016

Order delivered on 30.10.2025

CORAM:

SHRI UMESH KUMAR SHUKLA SHRI KISHORE VEMULAPALLI HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)

PRESENT:

In CP & IAs

For the Petitioners/Applicants : Mr. P. Vikram, Sr. Adv. along with

Mr. B Nitish, Adv.

For R1 : Mr. Amir Bavani & Mr. Rishika Kumar, Advs.

For R2 to R5 : Mr. S. Sri Ram Sr. Adv, along with

Mr. S. Naresh Kumar, Adv.

For R8 : Mr. G Bhupesh, Adv.

ORDER IA(Companies Act)/25/2025:

CP/7/241/AMR/2024:

The Petitioner has filed the present petition and commenced submissions

today. During the course of hearing, the Petitioner sought one week’s time to clarify, how the petition is maintainable under Section 242(1)(b) of the Companies

Act, 2013, whe