NCLT Dismisses Shree Ratna Application Against Mylari Agro

Authority: National Company Law Tribunal, Bengaluru Bench

Order Date: 16.06.2026

Case Overview

This order pertains to two related matters: I.A. No.857/2025 and the main insolvency petition C.P. (IB) No.02/BB/2020. The interlocutory application (I.A. No.857/2025) was filed by M/s. Shree Ratna Farm Products against M/s. Mylari Agro Products Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The applicant's attorney requested to present additional arguments, which were heard along with a brief counter from the erstwhile Resolution Professional. The bench, comprising Judicial Member Shri Sunil Kumar Aggarwal and Technical Member Shri Radhakrishna Sreepada, considered these submissions before delivering their decision.

Final Outcome

The tribunal dismissed I.A. No.857/2025 through a separate order. Subsequently, the main insolvency case (C.P. (IB) No.02/BB/2020) was closed entirely as the Resolution Plan had been successfully implemented and no other pending interlocutory applications remained. The case file was ordered to be consigned to the record room, marking the final disposition of this matter.

Topics: Insolvency Resolution, NCLT Proceedings