Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: July 1, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has consolidated four separate company appeals related to insolvency proceedings. The appeals involve multiple parties including corporate entities and financial creditors:

  • Company Appeal (AT) (CH) (Ins) No. 98/2023: M/s. SNJ Distillers Pvt Ltd & Anr. (Appellants) vs. The Punjab National Bank & 2 Ors. (Respondents)
  • Company Appeal (AT) (CH) (Ins) No. 109/2022: Sheena Adarsh, Ex-Director of Corporate Debtor, Apollo Distilleries & Breweries Pvt. Ltd. (Appellant) vs. Punjab National Bank & 2 Ors. (Respondents)
  • Company Appeal (AT) (CH) (Ins) No. 09/2022: S. Rajendran (Appellant) vs. M/s. South India Hotels Pvt. Ltd. & 8 Ors. (Respondents)
  • Company Appeal (AT) (CH) (Ins) No. 01/2022: M/s. SNJ Distillers Pvt Ltd & Anr. (Appellants) vs. S. Rajendran & 11 Ors. (Respondents)

The appeals appear to be interconnected based on the common parties involved, including SNJ Distillers, Apollo Distilleries, Punjab National Bank, and S. Rajendran. The nature of the disputes involves insolvency proceedings, though the specific allegations or legal questions are not detailed in this procedural order.

Final Outcome

The Tribunal has adjourned all four appeals to July 29, 2026, for hearing under the caption 'For Admission (After Notice)'. The interim order previously granted in Company Appeal (AT) (CH) (INS) No. 109/2022 shall continue to operate until the next date of hearing. The order was passed by a bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical).

Topics: Insolvency Appeals, Corporate Litigation, Banking Disputes