Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: June 30, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.335/2024. The Appellant is Jain Irrigation Systems Ltd. The Respondents are Mr. Ramakrishnan Sadasivan, in his capacity as the Liquidator of Thiru Arooran Sugars Ltd., and another respondent. The appeal arises from proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC), specifically challenging an order related to the liquidation of Thiru Arooran Sugars Ltd. The order does not detail the specific allegations or the nature of the dispute but indicates the appeal is at a preliminary stage.
Final Outcome
The Tribunal has listed the appeal for a hearing on August 20, 2026. No substantive decisions on the merits of the case were made in this order. The outcome is purely procedural, setting the date for the next stage of the appellate process.
Topics: Insolvency Appeal, NCLAT, Liquidator