Authority: National Company Law Appellate Tribunal, Chennai
Order Date: 17 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected appeals:
1. TA (AT) No.36/2022 (formerly Company Appeal (AT) (Ins) No.596-597/2019): This appeal was filed by MTR Foods Pvt. Ltd. (Appellant) against Mr. Ashish Kanodia, the Resolution Professional of Maiyas Beverages and Foods Pvt. Ltd., and four other Respondents.
2. TA (AT) No.34/2022 (formerly Company Appeal (AT) (Ins) No.791/2019): This appeal was filed by Shetron Ltd. (Appellant) against Maiyas Beverages and Foods Pvt. Ltd. and three other Respondents.
Representation was noted for the parties involved. For TA (AT) No.36/2022, Ms. Tine Abraham and Mr. Vivek Krishnani appeared for the Appellant (MTR Foods). For the Respondents, Mr. Prithvi Raj JS appeared for Respondent 2 and Mr. G. Sridhar appeared for Respondent 5. For TA (AT) No.34/2022, Ms. Purti Gupta and Ms. Henna George appeared for the Appellant (Shetron Ltd.). For the Respondents, Ms. Pritha Srikumar Iyer appeared for Respondent 3 and Mr. Prithvi Raj JS appeared for Respondent 4.
The bench comprised Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Final Outcome
The Tribunal did not make any substantive ruling on the merits of the appeals. It passed a procedural order, listing both matters for the next hearing on 26th November 2026. The cases were to be listed under the caption 'Old Cases'. The order was issued in hybrid mode.
Topics: NCLAT, Corporate Insolvency, Adjournment