NCLAT Lists Mega Foods Insolvency Appeals for Admission

Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: 29 June 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order listing three interconnected company appeals related to the insolvency proceedings of Mega Foods Products Madras Private Limited. The appeals involve multiple parties: shareholder Amit Chandrakant Vaishnav, the Resolution Professional S. Vasudevan, and MD Overseas Limited. The appeals are numbered as Company Appeal (AT) (CH) (Ins) No.156/2021, No.286/2022, and No.291/2022, with corresponding interim applications.

Final Outcome

The NCLAT bench comprising Justice N Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) directed that all three appeals be listed for admission hearing on 22 July 2026. The appeals will be considered under the caption 'For Admission (After Notice)'. This is a procedural order that does not decide the merits of the cases but simply schedules them for the next hearing stage.

Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Litigation