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    <title>2016 (12) TMI 1807 - NATIONAL COMPANY LAW TRIBUNAL, ALLAHABAD</title>
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    <description>The Tribunal dismissed the application challenging the maintainability of the Company Petition, holding that the Petitioners had established their locus standi under Section 399, the Tribunal had jurisdiction over the matter, and issues of limitation, delay, and laches should be decided during the final hearing. The Tribunal directed that pleadings in the Company Petition be completed within two weeks to expedite the final hearing. No order as to costs was made in this application.</description>
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      <description>The Tribunal dismissed the application challenging the maintainability of the Company Petition, holding that the Petitioners had established their locus standi under Section 399, the Tribunal had jurisdiction over the matter, and issues of limitation, delay, and laches should be decided during the final hearing. The Tribunal directed that pleadings in the Company Petition be completed within two weeks to expedite the final hearing. No order as to costs was made in this application.</description>
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