Case name: MS Biotech Private Limited vs Dr. Kondapalli Venkata Srinivas
Civil Appeal No.: 7825/2026
Court: Supreme Court of India
Date of hearing: 22 May 2026
Order date: 22 May 2026
Parties Involved
Appellant: MS Biotech Private Limited
Respondent: Dr. Kondapalli Venkata Srinivas
Counsel for appellant: Senior Counsel Mr. S. Niranjan Reddy, AOR Mr. Raavi Yogesh Venkata, Adv. Ms. Sana Jain, Adv. Mr. Kotte
Judges: Hon’ble Mr. Justice K.V. Viswanathan, Hon’ble Mr. Justice Vijay Bishnoi
Issues / Allegations / Violations
Appellant contends that multiple NCLAT judgments hold that when a sale is of a going concern in liquidation, the purchaser cannot be held liable for existing claims.
Appellant asserts that the impugned order is discordant with those precedents.
Findings & Observations
No findings recorded; the matter was heard and arguments were noted.
Penalties / Settlements / Directions
Court granted liberty to place the cited NCLAT judgments on record.
The matter was listed for further hearing on 20 July 2026.
Corrective Actions & Future Obligations
Not applicable at this stage.
Final Ruling & Enforcement
No final decision rendered; further hearing scheduled.
