The respondents filed a petition under Sections 397, 398, 402 and 403 of the Companies Act, 1956 on June 14, 2014. The appellant contested this petition by filing replies. On October 11, 2022, the NCLT appointed Shri M. R. Bhat as a Mediator, who then commenced mediation proceedings between the parties. The mediation concluded with Minutes of Meeting dated December 12, 2022, which were signed by both the appellant and respondents. However, these minutes were allegedly not acted upon, leading to the claim that the mediation failed. Subsequently, on January 9, 2023, the appellant emailed the Mediator, raising objections regarding the circumstances of the mediation and alleging that the Mediator insisted on compliance with incomplete consent terms on January 14, 2023. The

The respondents filed a petition under Sections 397, 398, 402 and 403 of the Companies Act, 1956 on June 14, 2014. The appellant contested this petition by filing replies. On October 11, 2022, the NCLT appointed Shri M. R. Bhat as a Mediator, who then commenced mediation proceedings between the parties. The mediation concluded with Minutes of Meeting dated December 12, 2022, which were signed by both the appellant and respondents. However, these minutes were allegedly not acted upon, leading to the claim that the mediation failed. Subsequently, on January 9, 2023, the appellant emailed the Mediator, raising objections regarding the circumstances of the mediation and alleging that the Mediator insisted on compliance with incomplete consent terms on January 14, 2023. The