This case involves a series of appeals challenging a common impugned order dated November 1, 2021, passed by the Adjudicating Authority (National Company Law Tribunal, Chennai Bench). The Adjudicating Authority had dismissed applications seeking consolidation of the Corporate Insolvency Resolution Processes (CIRPs) of two companies, Regen Powertech Private Limited (RPPL) and Regen Infrastructure and Services Private Limited (RISPL). The appellants, who are customers and creditors of these companies, sought consolidation on the grounds that RPPL and RISPL are a single economic unit with intertwined businesses, common control, and interlinked finances, and that consolidation would maximize asset value and ensure the companies' revival. The Adjudicating Authority,

This case involves a series of appeals challenging a common impugned order dated November 1, 2021, passed by the Adjudicating Authority (National Company Law Tribunal, Chennai Bench). The Adjudicating Authority had dismissed applications seeking consolidation of the Corporate Insolvency Resolution Processes (CIRPs) of two companies, Regen Powertech Private Limited (RPPL) and Regen Infrastructure and Services Private Limited (RISPL). The appellants, who are customers and creditors of these companies, sought consolidation on the grounds that RPPL and RISPL are a single economic unit with intertwined businesses, common control, and interlinked finances, and that consolidation would maximize asset value and ensure the companies' revival. The Adjudicating Authority,