Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: 19 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard arguments in four interconnected company appeals related to insolvency proceedings. The appeals involve multiple parties including corporate debtors (SNJ Distillers Pvt Ltd, Apollo Distilleries & Breweries Pvt. Ltd.), financial creditors (Punjab National Bank), and other respondents including S. Rajendran and South India Hotels Pvt. Ltd. The appeals are numbered as Company Appeal (AT) (CH) (Ins) No. 98/2023, 109/2022, 09/2022, and 01/2022 with their respective interim applications.

The proceedings involve representation by senior advocates including Mr. Arvindh Pandian for appellants, Mr. R. Vidhya Shankar and Mr. Pranav V Shankar for respondents, Ms. M. Savitha Devi for appellant in CA No. 09/2022, and Mr. Rohan Rajasekaran representing various parties across different appeals.

Final Outcome

The Tribunal heard arguments for the appellants in CA (AT) (CH) (Ins) No. 09/2022 and CA (AT) (CH) (Ins) No. 01/2022. The appeals were listed for further hearing on September 10, 2026 at 2 PM. All interim orders granted by the Tribunal were directed to continue operating until the next date of listing. The order was passed by Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) in hybrid mode.

Topics: Insolvency Appeals, Corporate Debt Disputes, NCLAT Proceedings