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2023 Supreme(SC) 1822

SUPREME COURT OF INDIA
AJAY RASTOGI, BELA M. TRIVEDI, JJ.
Innovative Buildestates Pvt. Ltd. - Appellant
Versus
RG Buildestate Pvt. Ltd. – Respondent
Civil Appeal No(s). 2529 Of 2023
Decided On : 10-04-2023

Advocates Appeared:
For the Appellant : Ms. Sonia Mathur, Sr. Adv., Mr. Ankur Bansal, AOR, Mr. Divik Mathur, Adv., Mr. Sadre Alam, Adv.
For the Respondent: Mr. Navpreet Singh Ahluwalia, Adv., Mr. Adhish Sharma, Adv., Mr. Nitin Pandey, Adv., Mr. Aakash Khattar, Adv., Mr. Umesh Kumar Khaitan, AOR

Headnote:(A) National Company Law Appellate Tribunal - Dismissal of appeal - The Supreme Court found no reason to interfere with the order of the National Company Law Appellate Tribunal dated 22.02.2022, thus affirming the prior ruling. (Paras 1-3)

(B) Appeals - Inherent Jurisdiction - The Supreme Court's discretion to interfere in lower tribunal decisions is limited to instances where there are substantial grounds for such interference. (Para 2)

Table of Content
1. hearing of appellant's counsel (Para 1)
2. no interference in prior order (Para 2)
3. civil appeal dismissed (Para 3)

ORDER :

1. Heard learned counsel for the appellant.

2. We do not find any reason to interfere in the order impugned passed by the National Company Law Appellate Tribunal dated 22.02.2022.

3. The civil appeal is, accordingly, dismissed.

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