
Legal26 Sept 2026, 05:00 pm
Cemantic Infra-Tech: NCLT Hearing Adjourned, No Petitioner Relief Granted
AI Summary
Cemantic Infra-Tech Ltd has provided an update on a petition filed against the company and its promoter directors under Sections 241, 242, and 244 of the Companies Act, 2013, before the National Company Law Tribunal (NCLT), Hyderabad Bench. The hearing on September 23, 2026, was adjourned to November 25, 2026. Importantly, the NCLT did not grant any interim reliefs to the petitioners. The company has been directed to file vakalath and counter within four weeks, with rejoinder to follow within two weeks. Notice is to be issued to remaining respondents. This legal proceeding concerns alleged mismanagement or oppression within the company.
Key Highlights
- NCLT hearing on petition adjourned to November 25, 2026.
- No interim reliefs granted to petitioners by the NCLT.
- Company directed to file vakalath and counter within 4 weeks.
- Legal proceedings initiated under Sections 241, 242, 244 of Companies Act.
Price Impact
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