NON-MEMBER OF CO. HAS NO LOCUS TO SEEK PERMISSION TO ALLOW HIM TO FILE PLEA U/S 241/242: NATIONAL COMPANY LAW APPELLATE TRIBUNAL A complainant must be a member of the company, as per Section 2 (55) of the Companies Act, 2013, against which a petition is to be filed. Since the appellant was not a shareholder or member of the company against which relief from oppression and mismanagement was sought, he had no "locus, ” and the issue of him alleging oppression does not arise. Therefore, he cannot file a petition under Section 241 of the Companies Act, 2013. With a team of Commercial Law experts, Reddy & Reddy Law Firm has extensive experience and involvement in commercial disputes, including Insolvency Proceedings. We are regularly involved in representations before NCLT, NCLAT, DRT and other commercial tribunals in India.
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