Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: September 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected insolvency appeals filed by M/s. Oriental Extractions Pvt. Ltd. for hearing on September 11, 2026. The appeals challenge orders related to the corporate insolvency resolution process of SD Pharmacy Pvt. Ltd. The appellant, Oriental Extractions Pvt. Ltd., has filed appeals against CA Jasin Jose (the erstwhile Resolution Professional of SD Pharmacy Pvt. Ltd.) and three other respondents. The appeals bear case numbers Company Appeal (AT) (CH) (Ins) No. 172/2025 (with IA No. 459/2025) and Company Appeal (AT) (CH) (Ins) No. 173/2025. The bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) heard representations from advocates for both parties - Mr. R. Surendran for the appellant, Mr. Akhil Suresh for Respondent 1, and Mr. Bhagavath Krishnan for Respondent 3.
Final Outcome
The Tribunal adjourned both appeals and listed them for next hearing on September 11, 2026. No substantive hearing or decision on merits occurred in this order, which serves as a procedural adjournment to the specified date.
Topics: Insolvency Appeal, NCLAT Proceeding