Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: July 2, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has received Company Appeal (AT) (CH) (Ins) No. 476/2025 filed by Aarti Drugs Limited as the Appellant against Pegasus Farmaco (India) Pvt. Ltd. as the Respondent. The appeal appears to arise from insolvency-related proceedings, though the specific nature of the dispute is not detailed in this scheduling order. Both parties were represented by legal counsel during the proceedings, with Mr. KS. Shankar Chakrapani, Mr. Kapil Shah, and Mr. Vatsal Parmar appearing for the Appellant (Aarti Drugs Limited), and Ms. B. Saroj appearing for the Respondent (Pegasus Farmaco).
Final Outcome
The two-member bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) has scheduled the appeal for admission hearing on August 25, 2026. The case will be listed under the caption 'For Admission (After Notice)', indicating that the tribunal will first determine whether the appeal meets the criteria for formal admission before proceeding to substantive hearing.
Topics: NCLAT Proceedings, Corporate Legal Dispute, Pharmaceutical Sector