Y Shivaram Prasad NCLAT Appeal Against Servalakshmi Paper Liquidator

Authority: National Company Law Appellate Tribunal, Chennai

Order Date: 02 November 2026

Case Overview

This is an update from a hearing in Company Appeal (AT) (CH) (Ins) No. 178/2023. The appellant is Y Shivaram Prasad. The respondents are Mr. S. Dhanapal (the Liquidator of M/s. Servalakshmi Paper Ltd.) and four others. The appeal arises from insolvency proceedings related to Servalakshmi Paper Ltd. The hearing was conducted partially in a hybrid mode.

Final Outcome

The bench, comprising Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), heard the appellant's arguments in part. The appeal was not concluded and was adjourned. The matter is listed next for continuation of the hearing on 03 November 2026 at 12:30 pm.

Topics: Insolvency Appeal, NCLAT Proceeding