Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: July 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 506/2025. The appeal has been filed by RK Distilleries (P) Ltd. as the appellant against respondents including Sreenivasa Rao Ravinuthala (the Resolution Professional of Nadhi Bio Products Pvt. Ltd.) and two other parties. The appeal relates to insolvency proceedings concerning Nadhi Bio Products Pvt. Ltd. Advocates represented both sides in the hearing - Mr. Jerin Asher Sojan for the appellant, and Mr. Indraprateek Naidu for Respondent 2 and Mr. Vinay Kumar Puppali for Respondent 3.
Final Outcome
The NCLAT bench has listed the appeal for admission hearing on September 18, 2026, under the caption 'For Admission (After Notice)'. This is a procedural order that simply schedules the next hearing date without addressing the substantive merits of the case. The appeal remains pending and will be considered for admission at the next hearing.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation