National Company Law Appellate Tribunal

Oyster Medisafe Private Ltd vs Sridhar Vasireddy & 2 others on 12 April 2021

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI

(APPELLATE JURISDICTION)

Company Appeal (AT) (CH) No.08/2021

(Under Section 421(1) of the Companies Act, 2013)

(Arising out of Order dated 17.2.2021 passed in I.A.No.1021/2020 and IA No.126 of 2021

in Company Petition No.117/241/HDB/2019

by the National Company Law Tribunal, Hyderabad Bench at Hyderabad.

In the matter of:

Oyster Medisafe Private Limited

Through its Authorized Representative

Mr.Indranil Mukherjee having its

Registered Office at SY.No.722, Dabilpur Village, Medchal Mandal, Telangana 50140

Email id legal.in@bbraun.com

…Appellant

V

1. Sridhar Vasireddy

S/o Mr.Vasireddy Satyanarayana

R/o 19203, Gentle Oak Cove

San Antonio, Texas-78258

United States of America

sridharvasireddy@hotmai.com

Through Pusuluri Prudhvi

SPA Holder of Mr.Sridhar Vasireddy

R/o Plot No.362, Secretariat Colony

Manikonda, Puppalaguda

Hyderabad-500089, Telangana

prudhvipusuluri@outlook.com

…Respondent 1

2. Ajith N.Kumar, S/o Mr.N.U.Rao

R/o 1 Cascade Court East

Burr Ridge, Illinois-60527

United States of America

Through Pusuluri Prudhvi

Page 1 of 2

…Respondent 2

SPA Holder of Mr.Sridhar Vasireddy

R/o Plot No.362, Secretariat Colony

Manikonda, Puppalaguda

Hyderabad-500089, Telangana

prudhvipusuluri@outlook.com.

Present :

For the Appellant : Mr.A.S.Chandhiok, Senior Advocate

Mr.NPS Chawla, Advocate

For the Respondent : Mr.D.V.K.Phanindra, Advocate

------

J U D G E M E N T

VIRTUAL MODE

Heard Both sides.

In view of the fact that the impugned order dated 17.02.2021 in I A No. 126/2021 in CP No. 117/241/HDB/2-19 on the file of National Company Law Tribunal, Hyderabad Bench was admittedly modified/corrected by it, on 03.03.2021 (but pronounced on 22.03.2021) and as such, this Tribunal, simpliciter opines that nothing survives for further adjudication in the main Company Appeal. Viewed in that perspective that instant Comp App (AT) (CH) No. 8/2021 is dismissed as an infructuous one. No costs. All connected applications are closed.

[Justice Venugopal M] Member (Judicial)

[V.P.Singh] Member (Technical)

CHENNAI 12.4.2021 KM

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