##PAGE1##

IN THE NATIONAL COMPANY LAW TRIBUNAL

DIVISION BENCH, COURT NO. I

KOLKATA

I.A. (Companies Act) No. 265/KB/2025

In

Company Petition (IB) No. 183/KB/2025

IN THE MATTER OF:

An Application under Section 244 of the Companies Act, read with Rule 11

of the NCLT Rules, 2016.

IN THE MATTER OF:

The Asansol Club Limited

1. Somnath Biswal

2. Harbinder Singh

3. Sarandeep Singh Saini

4. Atul Kumar Das

5. Anil Kumar Jalan

6. Gouri Shankar Agarwal

7. Umang Agarwal

8. Mahendar Sharma

9. Abhishek Sharma

10. Aditya Sharma

11. Vishal Sharma

12. Surendra Kumar Sharma

13. Kuldip Singh

14. Daljit Singh Saluja

15. Manjit Singh Saluja

16. Satpal Singh Keer

17. Satyapal Choudhary

18. Jasmit Singh

19. Ashok Choudhary

20. Rahul Agarwal

21. Rajendra Kumar Agarwal

22. Manish Agarwal

23. Sanjay Agarwal

24. Harsh Agarwal

25. Vicky Agarwal

26. Navrosh Agarwal

27. Ashok Agarwal

28. Binit Agarwal

29. Vikash Agarwal

30. Ritesh Agarwal

31. Gulshan Chhabra

##PAGE2##

IN THE NATIONAL COMPANY LAW TRIBUNAL

DIVISION BENCH, COURT NO. I

KOLKATA

I.A. (Companies Act) No. 265/KB/2025

In

Company Petition (IB) No. 183/KB/2025

32. Anuj Chhabra

33. Amit Chhabra

34. Amarnath Dawn

35. Prabhas Dawn

36. Samresh Konar

37. Biswajit Mukherjee

38. Moumita Chatterjee

39. Raja Laik

40. Dhananjoy Dawn

41. Swapan Choudhary

42. Gurdeep Singh

43. Ranjeet Singh

44. Raj Kumar Prasad

45. Bishwanath Prasad

46. Koustav Gorai

47. Kedarnath Gorai

48. Supravat Biswal

49. Priyanka Biswal

50. Kartik Saha

51. Manoj Saraf

52. Kushal Saraf

53. Ayush Saraf

54. Akshat Saraf

55. Bardhan Saraf

56. Arun Kumar Goenka

57. Biswajit Ghosal

58. Jai Kishore Burman

59. Arindam Khawash

60. Binod Gupta

61. Vishal Gupta

62. Swapan Das

63. Rajesh Kumar Gouri

64. Ronit Bhagat

65. Bikash Bhagat

66. Himadri Ghosh

67. Anand Kerwal

68. Adhyan Kerwal

69. Santosh Gupta

70. Raj Kumar Pareek

71. Sunil Agarwal

Page 2 of 16

##PAGE3##

IN THE NATIONAL COMPANY LAW TRIBUNAL

DIVISION BENCH, COURT NO. I

KOLKATA

I.A. (Companies Act) No. 265/KB/2025

In

Company Petition (IB) No. 183/KB/2025

72. Aman Agarwal

73. Janak Raj Agarwal

74. Himadri Mukherjee

75. Sachin Balodia

76. Rajesh Dokania

77. Vinod Kumar

78. Binay Miharia

79. Guru Charan Singh

80. Sashi Prasad Burnwal

81.Ravi Kant Jha

…Applicants

Versus

1. Asansol Club Limited

2. Amarjeet Singh Bharara

3. Manish Bagaria

4. Shovan Narayan Basu

5. Muralilal Agarwal

6. Mukesh Agarwal

7. Raj Kumar Lal

8. Ankit Agarwal

9. Abhishek Gopalka

10. Vivek Khaitan

11. Subhra Narayan Gorai

12. Manisha Agarwal

13. Piyush Daruka

14. Umang Agarwal

15. Ramesh Gambhir

16. Ravinder Sharma

17. Praveen Chachra

18. Manas Mazumdar

19. Iqbal Singh Maggo

20. Krishna Kumar Sultania

21. Rajesh Daruka

22. Abhijeet Chatterjee

23. Sunil Agarwal

24. Niranjan Agarwal

25. Arun Gopalka

26. Gopal Agarwal

27. Abhijit Ghanty

Page 3 of 16

##PAGE4##

IN THE NATIONAL COMPANY LAW TRIBUNAL

DIVISION BENCH, COURT NO. I

KOLKATA

I.A. (Companies Act) No. 265/KB/2025

In

Company Petition (IB) No. 183/KB/2025

… Respondents

Date of Pronouncement: 04.02.26.

CORAM:

SMT. BIDISHA BANERJEE, HON’BLE MEMBER (JUDICIAL)

CMDE SIDDHARTH MISHRA, HON’BLE MEMBER (TECHNICAL)

APPEARANCE:

For Petitioner

Mr. Joy Saha, Sr. Adv.

Ms. Manju Bhuteria, Sr. Adv.

Ms. Shreya Choudhary, Adv.

Ms. Tanvi Luhariwala, Adv.

For the Respondents

Mr. Jishnu Chowdhury, Sr. Adv.

Mr. S. Mukherjee, Adv.

Ms. Shruti Swaika, Adv.

Ms. Rashhmi Singhee, Adv

Ms. Sanjana Shaw, Adv

Ms. Sanskriti Agarwal, Adv.

Ms. Richa Agarwal, Adv.

ORDER

Per: Cmde Siddharth Mishra, Member (Technical)

1. This Court congregated through a hybrid mode.

2. Heard the Learned Counsels for both parties.

Page 4 of 16

##PAGE5##

IN THE NATIONAL COMPANY LAW TRIBUNAL

DIVISION BENCH, COURT NO. I

KOLKATA

I.A. (Companies Act) No. 265/KB/2025

In

Company Petition (IB) No. 183/KB/2025

3. Factual Matrix

3.1 Respondent No. 1 is The Asansol Club Limited, a company limited

by guarantee (Section 8 company), incorporated in 1919, managed

by an Executive Committee (President, Vice-President, Hony.

Secretary, Hony. Treasurer + members), elected for two-year terms.

3.2 Petitioner No. 1 served as President for two consecutive terms

(2020–2022 and 2022–2024). The Petitioners claim that during thi

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