Sanjeev Kumar Singh Vs Indian Motion Picture Producers Association & Ors (NCLT Mumbai)
The National Company Law Tribunal (NCLT), Mumbai, considered two applications arising from Company Petition No. 132 of 2026 filed under Sections 213, 241, 242 and 244 of the Companies Act, 2013 concerning alleged acts of oppression and mismanagement in the affairs of Indian Motion Pictures Producers Association (IMPPA), a Section 8 company limited by guarantee without share capital. The original petition was filed by four members along with the consent of 209 other members. Separately, the applicant sought waiver of the eligibility requirement prescribed under Section 244(1)(b), while IMPPA sought dismissal of the company petition as not maintainable.
The petitioners alleged several acts of oppression and mismanagement, including expenditure on delegates attending the Cannes Festival contrary to an Executive Committee decision, obtaining membership of the International Federation of Film Producers Associations (FIAPF) at a cost of ₹12,50,000 without prior approval, borrowings for purchase of commercial premises without approval, substantial increases in various expenditure heads, issuance of Executive Committee meeting notices through WhatsApp without agenda, signing of financial statements by fewer than the required Executive Committee members, appointment of two Senior Vice Presidents despite the Articles of Association providing for only one, suspension of Petitioner No. 4 from the office of Vice President without following the Articles of Association, suspension of Petitioners No. 1 to 3 from membership, and refusal to clear publicity material relating to a film produced by Petitioner No. 4.
