Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: 10 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed five interconnected company appeals for admission hearing on September 18, 2026. The appeals involve multiple appellants challenging aspects of the corporate insolvency resolution process of Nadhi Bio Products Pvt. Ltd. The appellants include R.K. Distilleries Pvt. Ltd. (Appeal No. 267/2025), BRK Spirits (Appeal No. 268/2025), Single Malt Spirits India Pvt. Ltd. (Appeal No. 269/2025), GSB and Co. LLP (Appeal No. 270/2025), and Mahalakshmi Enterprises (Appeal No. 359/2025). All appeals are directed against Sreenivasa Rao Ravinuthala, the Resolution Professional of Nadhi Bio Products Pvt. Ltd., and other respondents.
The proceedings were conducted in hybrid mode with legal representation from multiple advocates. For the appellants, Mr. Jerin Asher Sojan and Ms. Nishtha B. Advocates appeared in most cases, while Mr. VVSN. Raju appeared for Mahalakshmi Enterprises. For the respondents, Mr. Indraprateek Naidu, Mr. Shabbeer Ahmed, and Mr. Vinay Kumar Puppali represented the various parties.
Final Outcome
The tribunal, comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical), directed that all five appeals be listed on September 18, 2026, under the caption 'For Admission (After Notice).' This is a procedural order that schedules the matters for further hearing without making any substantive determinations on the merits of the appeals at this stage.
Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Resolution Process