SUPREME COURT OF INDIA
AJAY RASTOGI, ABHAY S. OKA, JJ.
Ashish Saraf - Appellant
Versus
Bhuvan Madan & Ors. - Respondents
Civil Appeal Nos.5991-5992 of 2021 (Arising out of Civil Appeal Diary No. 2669 of 2021)
With
Facor Alloys Limited - Appellant
Versus
Bhuvan Madan & Ors. - Respondent
Civil Appeal No. 5129 of 2021
Decided on : 27-09-2021
Interference - Civil Appeals - Dismissal
Fact of the Case:
The court heard the arguments from both parties and declined to interfere with the judgments impugned in the Civil Appeals.
Finding of the Court:
The court found itself unable to interfere in the judgments impugned and consequently dismissed the Civil Appeals.
Issues:
Ratio Decidendi:
Final Decision: The Civil Appeals stand dismissed, and any pending application(s) shall stand disposed of.
ORDER :
1. We have heard learned Senior Counsel for the parties for quite some time.
2. We are unable to persuade ourselves to interfere in the judgments impugned dated 12.03.2020 in Civil Appeals @ Diary No. 2669/2021 and dated 25.11.2020 in Civil Appeal No. 5129/2021 passed by the National Company Law Appellate Tribunal, New Delhi.
3. Consequently, the Civil Appeals stand dismissed.
4. Pending application(s), if any, shall stand disposed of.
The court declined to interfere with the order of the National Company Law Appellate Tribunal.
The court found no reason to interfere with the judgment under appeal.
The dismissal of the appeal was based on the fact that the respondent company was struck off from the register, making adjudication unnecessary.
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