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2020 Supreme(SC) 1008

SUPREME COURT OF INDIA
ARUN MISHRA, B.R. GAVAI, KRISHNA MURARI, JJ.
Asset Reconstruction Company (India) Limited – Appellant
Versus
M/s Dagcon (India) Private Limited and Another – Respondents
Civil Appeal No. 2941 of 2020, Diary Nos. 13889, 14352 of 2020
Decided On : 11-08-2020

Advocates:
Advocate Appeared:
For the Appellants : Abhirup Dasgupta, Ishaan Duggal, Mohit D. Ram, Mukesh Rana, Mamta, Ranjay Dubey, Yati Sharma, Priya Puri.
For the Respondent: Prem Prakash.

The court found no grounds to interfere with the impugned orders passed by the National Company Law Appellate Tribunal, leading to the dismissal of the civil appeals.

Headnote:

Permission - Civil Appeal - No Ground to Interfere with Impugned Orders by National Company Law Appellate Tribunal

Fact of the Case:

The court granted permission to file a civil appeal and heard counsel for the parties. The court found no ground to interfere with the impugned orders passed by the National Company Law Appellate Tribunal. As a result, the civil appeals were dismissed and pending applications were disposed of.

Finding of the Court:

The court found no ground to interfere with the impugned orders passed by the National Company Law Appellate Tribunal.

Issues: Permission to file civil appeal, Interference with impugned orders by National Company Law Appellate Tribunal

Ratio Decidendi: The court found no grounds to interfere with the impugned orders passed by the National Company Law Appellate Tribunal, leading to the dismissal of the civil appeals.

Final Decision: The civil appeals were dismissed and pending applications were disposed of.

ORDER :

1. Permission to file civil appeal is granted.

2. We have heard learned counsel for the parties.

3. We find no ground to interfere with the impugned orders passed by the National Company Law Appellate Tribunal.

4. The civil appeals are, accordingly, dismissed.

5. Pending applications stand disposed of.

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