NCLT Chennai hears applications concerning non-payment of Rs 10.30 crore resolution plan amount by Indrayani Biotec's subsidiary.
Monitoring Committee Chairman seeks Rs 42 lakh professional fee arrears and monthly Rs 1.5 lakh remuneration from resolution applicant.
Successful Resolution Applicant has filed for withdrawal from plan implementation, with hearing adjourned to 08 May 2026.
Tribunal directs SRA to file replies and lists both applications for further hearing on 08 May 2026.