Ashok Kumar Kataria Vs Loveleen Dhaliwal Singla (NCLAT Delhi)
Summary: The National Company Law Appellate Tribunal, Principal Bench, New Delhi dismissed Company Appeal (AT) No.312 of 2026 filed by Ashok Kumar Kataria against an order dated 30.07.2026 passed by the NCLT, Chandigarh Bench. The underlying Company Petition No.16/CHD/2025 had been instituted invoking Sections 241 and 242 of the Companies Act, 2013, among other provisions, and the dispute concerned the affairs and assets of the company, including its plant and machinery. In an earlier order dated 04.06.2026, the NCLT had directed the concerned respondents to share a list of machinery owned by the company, together with its locations and descriptions.
An earlier order dated 20.11.2025 had also directed that the company’s affairs be managed without obstructing participation of directors and had provided for the petitioner to act as a joint signatory for operation of the company’s bank accounts. A subsequent NCLT order dated 07.07.2026 again directed filing of a reply containing the list of machinery within seven days. These orders remained unchallenged. The impugned order dated 30.07.2026 consequently contained directions requiring Ashok Kumar Kataria and Amit Singla to provide machinery details, confirm the list and serial numbers, disclose relevant dealings and furnish details concerning any sale of machinery attributable to their knowledge.
