MS Biotech vs Dr. Srinivas: Notice Issued

Authority: Supreme Court of India

Order Date: 22 July 2026

Case Overview

• Civil Appeal No. 7825/2026 filed by MS Biotech Private Limited (appellant) against Dr. Kondapalli Venkata Srinivas (respondent).
• Hearing took place on 20 July 2026 before a two‑judge bench comprising Hon'ble Mr. Justice K.V. Viswanathan and Hon'ble Mr. Justice Arun Palli.
• Counsel for the appellant: Senior Advocate S. Niranjan Reddy, assisted by Raavi Yogesh Venkata, AOR Ms. Sana Jain, and Advocate Kotte Venkata Pawan Kumar.
• Counsel for the respondent: not listed in the record.
• Senior counsel for the appellant submitted that numerous National Company Law Appellate Tribunal (NCLAT) judgments hold that in a liquidation sale where the business is sold as a going concern, the purchaser should not be burdened with fresh claims and that “hydra heads” of liabilities must not arise.

Final Outcome

• The Court ordered that a notice be issued to the parties, with the matter returnable on 21 September 2026.
• The order was digitally signed by Deputy Registrar Anita Malhotra (signature not verified) and Deputy Registrar Manoj Kumar.

Topics: Corporate Insolvency, Supreme Court Litigation