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2026 Supreme(Online)(NCLT) 1034

NATIONAL COMPANY LAW TRIBUNAL
Brajendra Mani Tripathi, J, Man Mohan Gupta, T
Ayush Gupta – Appellant
Versus
Vino Infratech Pvt Ltd – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Gaurav Gadodia, Mr. Kartik Batavia, Mr. Ashish O. Lalpuria
For the Respondent: Mr. Pratik Tripath, Mr. Jatin Sehgal

Table of Content
1. parties involved and jurisdiction defined. (Para 1 , 2)
2. application filed seeking various directions. (Para 3)
3. examination of statutory compliance and authority. (Para 4 , 5 , 6 , 7 , 8 , 9)
4. court's reluctance to intervene in internal company matters. (Para 10 , 11)
5. partial allowance of application supporting the claimed violations. (Para 15)

O R D E R

1. The present Application, filed dated 13.12.2025, under Rule 11 of the National Company Law Tribunal Rules 2016, by Ayush Gupta (Ex-Director of Respondent No.1) and Aditya Gupta (Shareholder of Respondent no.1) against Vino Infratech Private Limited along with its Directors and Shareholders and Statutory Auditor for seeking directions as given below.

a) Declare that the financial statements of Respondent No. 1-Company for the financial year 2024-25, including the Balance Sheet, Profit and Loss Account, Notes to Accounts, Auditor's Report, Director's Report and any annexures thereto, are illegal, void ab initio, non est in the eyes of law and incapable of being acted upon, as the same have been prepared, approved, signed, circulated and placed before the shareholders by persons having no authority in law;

b) d

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