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2026 Supreme(Online)(NCLT) 2354

NATIONAL COMPANY LAW TRIBUNAL
MOSAVI ENTERPRISES PRIVATE LIMITED – Appellant
Versus
SEAWAYS SHIPPING AND LOGISTICS LIMITED – Respondent
CP - 66/2024



Advocates:
For the Petitioner:Y Suryanarayana
For the Respondent:KHAITAN LEGAL ASSOCIATES

S.No.3 IN THE NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCH 1 VC AND PHYSICAL (HYBRID) MODE ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON

22-04-2026 AT 11:00 A.M.

CP No. 66/241/HDB/2024 AND IA (CA) 25/2026, IA (CA) 375 & 376/2024, IA (CA) 171 & 172/2025, IA (C A) 07 & 42/2026 in CP No. 66/241/HDB/2024 u/s. 241 of Companies Act, 2013 IN THE MATTER OF:

M/s. Mosavi Enterprises Pvt Ltd., - P1, Cptn Parvataneni Venkata Krishna Mohan, P2 , Mr. Parvataneni Vivekanand - P 3, Ms. Parvataneni Sudha Mohan, - P 4, Ms. P. Divya, - P 5. Mr. P. Viajyendra - P 6, Mr. P. Vinayendra - P 7 (Directors & Shrholder's of M/s. Seaways Shipping & Logistics Ltd., - P 8 Petitioner AND M/s. Seaways Shipping & Logistics Ltd., - R1, M/s. Catalyst Trusteeship Ltd., - R2, M/s. Vishwa Samudra Holdings Pvt., Ltd., - R3, RD - R4, RoC - R 5, M/s. Dickey Special Situation Investment Trust - R6, Mr. Anuj Sheoran - R7, Mr. Arvind Tiwari - R 8, Mr. Satish Kumar Yadav - R 9, MR. Suresh Kumar Jandyala - R 10, Mr. Papaiah Shastry Choudary - R 11Respondent C O R A M:-

SH. RAJEEV BHARDWAJ, HON’BLE MEMBER (JUDICIAL)

SH. SANJAY PURI, HON’BLE MEMBER (TECHNICAL)

O R D E R

CP No. 66/241/HDB/2024 Present: Mr. Y. Suryanarayana, Ld. Counsel for the Petitioner. Ms. Smiti Tewari, Ld.Counsel for the Respondents No. 2, 3, 6 to 11.

Orders pronounced, recorded vide separate sheets.

In the result, this petition is partly allowed and disposed of.

IA (CA) 25/2026, IA ( C A) 375/2024, IA (C A) 376/2024, IA (CA) 171/2025, IA (CA) 172/2025, IA ( C A) 07/2026 In view of the order passed in CP No. 66/241/HDB/2024 these applications are accordingly disposed of.

Contd…P2 Manohar -2- S.No.3 IA (CA) 42/2026 Present: Mr. Y. Suryanarayana, Learned Counsel for the Applicant.

Orders pronounced, recorded vide separate sheets.

In the result, this application is dismissed.

Sd/- Sd/-

MEMBER (T) MEMBER (J)

Manohar IN THE NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCH, COURT - I [U/s.241 & 242 r/w Section 59 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013]

Between:

1. M/s.Mosavi Enterprises Private Limited, Regd. Office at Seaways Pride, Plot No.731, Road No.36, Jubilee Hills, Hyderabad – 500 033.

Represented by its Authorized Signatory, Mr.BBSN Prasad, Shareholder of Seaways Shipping and Logistics Limited.

2. Captain Parvataneni Venkata Krishna Mohan, S/o.Late Sri P.Upendra, Plot No.319, Road No.25, Jubilee Hills, Hyderabad – 500 033.

Managing Director and Shareholder of Seaways Shipping and Logistics Limited.

3. Mr.Parvataneni Vivek Anand, S/o.Late Shri P.Upendra, Plot No.68, MLA & MPs Colony, Road No.10-C, Hyderabad – 500 033.

Whole time Director & Shareholder of Seaways Shipping and Logistics Limited.

4. Ms. Parvataneni Sudha Mohan, D/o.Late Guruswami Ramakrishnan, Plot No.319, Road No.25, Jubilee Hills, Hyderabad – 500 033.

Shareholder of Seaways Shipping and Logistics Limited.

5. Ms.Parvataneni Divya, D/o. Late Jayarao Maganti, Plot No.68, Vijaya Co-op Housing Society, Road No.10C, MLA Colony Hyderabad – 500 033.

Shareholder of Seaways Shipping and Logistics Limited.

6. Mr.Parvataneni Vijayendra, S/o. Captain Parvataneni Venkata Krishna Mohan, Plot No.319, Road No.25, Jubilee Hills, Hyderabad, Telangana – 500 033.

Shareholder and Deputy Managing Director of Seaways Shipping and Logistics Limited.

7. Mr.Parvataneni Vinayendra, S/o. Captain Parvataneni Venkata Krishna Mohan, Plot No.319, Road No.25, Jubilee Hills, Hyderabad – 500 033.

Shareholder of Seaways Shipping and Logistics Limited.

…Petitioners And

1. M/s.Seaways Shipping and Logistics Limited.

Regd, Office: Seaways Pride, Plot No.731, Road No.36, Jubilee Hills, Hyderabad – 500 033.

CIN: U63010TG1989PLC010716 Email: sec@seawaysindia.com

2. M/s.Catalyst Trusteeship Limited, Regd. Office: GDA House, First Floor, Plot No.85, S.No.94 & 95 Bhusari Colony (Right), Kothrud, Pune – 411 038.

Email: catalystlegal@ctltrustee.com

3. M/s.Vishwa Samudra Holdings Private Limited, Regd. Office: Plot No. A-33, Sri Vishwanvitha, Road No.11, Film Nagar, J

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