Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: October 30, 2026
Case Overview
This is a procedural order in Company Appeal (AT) (CH) (Ins) No. 283/2026. The appellants, Dr. ML Suresh Babu and another, have filed an appeal against the respondent, Madhugiri Venkatarayappa Sudarshan, who is the Interim Resolution Professional (IRP) of Sriya Farms & Feeds Pvt. Ltd. The nature of the appeal and the specific allegations against the IRP are not detailed in this particular order, which focuses solely on listing the matter for a future hearing.
The Tribunal heard advocates for both parties—Mr. S. Varun for the appellants and Mr. AG Sathyanarayana for the respondent—and issued a directive for the next hearing.
Final Outcome
The Appellate Tribunal listed the appeal for the next hearing on December 10, 2026. It ordered that the interim order previously granted by the Tribunal shall continue to operate until that next date of listing. The contents and specific nature of this interim order are not elaborated upon in this procedural update.
Topics: Insolvency Appeal, NCLAT Procedure, Interim Order