Nandi Irrigation Director Withdraws NCLAT Appeal

Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai

Order Date: 08.09.2026

Case Overview

This appeal was filed by Aravinda Rani Sannapureddy, a suspended director of Nandi Irrigation Systems Ltd., against respondents Rishabh Triexim LLP and another party. The appeal challenged proceedings under Section 9 of the Insolvency and Bankruptcy Code, 2016. During the hearing, the appellant's counsel, Mr. Pawan Jhabakh, submitted that he had instructions to withdraw the appeal. This decision was based on the fact that a resolution plan for Nandi Irrigation Systems Ltd. had already been approved by the Adjudicating Authority (the National Company Law Tribunal).

Final Outcome

The NCLAT bench comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) dismissed Company Appeal (AT) (CH) (Ins) No. 352/2024 as withdrawn. The appeal is now closed.

Topics: Insolvency Appeal, NCLAT Order, Corporate Resolution