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    <title>2022 (10) TMI 934 - NATIONAL COMPANY LAW TRIBUNAL , HYDERABAD BENCH</title>
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    <description>The Tribunal ruled that the Company Petitioners lacked the status of members of the 1st respondent company at the time of filing the Company Petition. As a result, they were deemed to have no standing to maintain the petition under Section 241 of the Companies Act, 2013. Consequently, Interlocutory Application No. 207/2020 was granted, determining that the Company Petitioners lacked the necessary standing to uphold the Petition under Section 241 of the Companies Act, with no costs awarded.</description>
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      <description>The Tribunal ruled that the Company Petitioners lacked the status of members of the 1st respondent company at the time of filing the Company Petition. As a result, they were deemed to have no standing to maintain the petition under Section 241 of the Companies Act, 2013. Consequently, Interlocutory Application No. 207/2020 was granted, determining that the Company Petitioners lacked the necessary standing to uphold the Petition under Section 241 of the Companies Act, with no costs awarded.</description>
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