# In the matter of SNNEHA NATURAL WORLD PRIVATE LIMITED

> NCLT judgment dated 2026-03-26. Citation: TCN-2026-NCLT-00345. The present application, IA 1196/2026, was filed by the Liquidator seeking replacement of the…

- **Court:** NCLT
- **Order date:** 26 Mar 2026
- **Citation:** TCN-2026-NCLT-00345
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/snneha-natural-world-private-limited-b265510d

## Summary

### Background

The present application, IA 1196/2026, was filed by the Liquidator seeking replacement of the existing Liquidator, Ms. Namrata Amol Randeri, who resigned from the post.

## Facts

The Liquidator filed an application seeking replacement of the existing Liquidator.

Ms. Namrata Amol Randeri resigned from the post of Liquidator.

The Stakeholders' Consultation Committee (SCC) approved a resolution recommending the appointment of another Insolvency Professional.

The SCC recommended the appointment of Mr. Pankaj Bhattad as the replacement Liquidator.

The bench allowed and disposed of IA No. 1196/2026.

## Issues and analysis

### Issue 1: Whether the existing Liquidator should be replaced …

**Ratio:** Based on the recommendation of the SCC and the

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**Reasoning:** The SCC approved a resolution recommending the appointment of another Insolvency

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**Interpretation:** The court interpreted the SCC's recommendation and the Liquidator's resignation

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**Application:** The court applied the recommendation and resignation to allow the replacement

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## Parties

- **Judges:** SANJIV…; ASHISH…
- **Appellants:** Suraksha Asset…; Liquid…
- **Respondents:** Snneha Natural…
- **Other parties:** Pankaj Bh…; Namrata Amol…
- **Advocates:** Agam H.…

## Timeline

- **2026-03-26 — Order Sheet of…**: Order sheet of hearing…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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