# In the matter of Savan Godiawala vs. Insolvency and Bankruptcy Board of India

> HC judgment dated 2025-09-09. Citation: TCN-2025-HC-00077. The writ petition challenges an order by the Disciplinary Authority of the IBBI, finding the…

- **Court:** HC
- **Order date:** 9 Sept 2025
- **Citation:** TCN-2025-HC-00077
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-new-delhi/savan-godiawala-vs-insolvency-and-bankruptcy-board-of-india-76c5574a

## Summary

### Background

The writ petition challenges an order by the Disciplinary Authority of the IBBI, finding the petitioner guilty of contravening several sections of the IBC and related regulations.

## Facts

The Petitioner, Savan Godiawala, is a qualified Chartered Accountant and an Insolvency Professional registered with IBBI.

The Petitioner was appointed as the Interim Resolution Professional (IRP) and later confirmed as Resolution Professional (RP) for Shirpur Power Private Limited (SPPL).

The Disciplinary Authority of the IBBI found the Petitioner guilty of contravention of several sections of the Insolvency and Bankruptcy Code (IBC) and related regulations.

The Petitioner was suspended for a period of two years from 18.08.2022 (effective from 16.09.2022) and directed to refund half of the fees paid to Deloitte Touche Tohmatsu India LLP (DTTILLP).

The Petitioner received a Show Cause Notice (SCN) from the Respondent based on a Draft Inspection Report (DIR).

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## Issues and analysis

### Issue 1: Whether the inspection was …

**Ratio:** The inspection was authorized by the AGM to whom the power to issue the SCN had been

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**Reasoning:** The inspection has been approved by competent authority and only the communication has

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**Interpretation:** The court interprets the delegation order to mean that the AGM was authorized

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**Application:** The court applies this interpretation to the facts of the case, finding that

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## Parties

- **Judges:** Subramonium…
- **Appellants:** Savan God…
- **Respondents:** Lanco Infratech…; Shirpur Power…; +1 more
- **Advocates:** Sandeep…; Manmeet…; +5 more

## Timeline

- **04.03.2024 — Impugned…**: The Respondent passed the Impugned Order…
- **18.08.2022 — Order of Sus…**: Respondent passed an Order suspending the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 219 — Show cause notice to insolvency professional…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-219)

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