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2024 Supreme(SC) 399

J. B. PARDIWALA, SANDEEP MEHTA
Fertilizer Corporation Of India Limited – Appellant
Versus
Coromandal Sacks Private Limited – Respondent


Advocates appeared:
For the Petitioner(s): Ms. Malvika Trivedi, Sr. Adv. Mr. Chirag Joshi, Adv. Mr. Shailendra Slaria, Adv. Mr. Ghanshyam Joshi, AOR
For the Respondent(s): Mr. Sundeep Pothina, Adv. Mr. Vaibhav Dwivedi, Adv. Ms. Ankita Chaudhary, AOR Ms. Archana Pathak Dave, AOR

Table of Content
1. background information on the case. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10)
2. appeal process and judicial decisions taken in the earlier courts. (Para 11 , 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19)
3. arguments presented by original defendants and their context. (Para 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29)
4. rebuttal by the original plaintiff. (Para 30 , 31 , 32 , 33 , 34 , 35 , 36)
5. court analysis on the legislative framework. (Para 39 , 46 , 47 , 48 , 49 , 50 , 51)
6. interpretation of interest applicable during sick company status. (Para 62 , 88)
7. interpretation and implications of section 22 of the 1985 act. (Para 102 , 103 , 106 , 108 , 110)
8. final decisions and implications. (Para 142 , 143 , 144 , 145 , 146)

JUDGMENT :

INDEX

A. FACTUAL MATRIX

i. Case of the original plaintiff before the trial court

ii. Case of the original defendants before the trial court

iii. Appeals before the High Court

B. SUBMISSIONS ON BEHALF OF THE APPELLANTS/ORIGINAL DEFENDANTS

C. SUBMISSIONS ON BEHALF OF THE RESPONDENT/ORIGINAL PLAINTIFF

D. ANALYSIS

i. Proceedings in respect of FCIL before the BIFR

ii. Is


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