Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 07.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected insolvency appeals for hearing on 3rd August 2026. The appeals, numbered Company Appeal (AT) (CH) (Ins) No.172/2025 and Company Appeal (AT) (CH) (Ins) No.173/2025, were filed by M/s. Oriental Extractions Pvt. Ltd. as the Appellant. The Respondents in both appeals are CA Jasin Jose (described as the Erstwhile Resolution Professional of SD Pharmacy Pvt. Ltd.) and three other parties. The appeals challenge orders related to the insolvency resolution process of SD Pharmacy Pvt. Ltd. During the hearing on 7th July 2026, the Appellant was represented by Advocate Mr. R. Surendran, while there was no appearance from the Respondents.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) directed that both appeals be listed on 3rd August 2026 under the caption 'For Admission (After Notice)'. This indicates the tribunal will consider whether to admit the appeals for full hearing after proper notice to all parties. The order is procedural and does not contain any substantive decision on the merits of the appeals.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation