Supreme Court Criticises NCLAT for Passing Ex-Parte Order in Matrix–Tianish Merger Case; Questions Lack of Common Sense in Not Issuing Notice: Supreme Court
The Supreme Court of India, in a sharp observation on October 11, 2025, criticized the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, for passing an ex-parte order allowing the merger of Matrix Pharmacorp Pvt Ltd and Tianish Laboratories Pvt Ltd without issuing notice to affected parties, including Ras Al Khaimah Investment Authority (RAKIA). The Bench comprising Justice Surya Kant and Justice Joymalya Bagchi expressed serious concern over the lack…
