Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 12 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals filed by Jain Irrigation Systems Ltd. The appeals are directed against orders related to the liquidation proceedings of M/s. Shree Ambika Sugars Ltd. The respondents in both appeals include Mr. Anurag Goel, the Liquidator of Shree Ambika Sugars Ltd, along with other parties. The appeals were listed under Company Appeal (AT) (CH) (Ins) No. 357/2024 (with IA No. 975/2024) and Company Appeal (AT) (CH) (Ins) No. 437/2024 (with IA No. 1193/2024).
Final Outcome
The NCLAT bench adjourned the matter and listed it for hearing on October 1, 2026, under the caption 'For Hearing'. No substantive orders were passed on the merits of the case during this hearing.
Topics: NCLAT Proceedings, Corporate Insolvency, Liquidation