# In the matter of Ashok Kumar Sarawagi vs. Enforcement Directorate & Anr.

> SC judgment dated 2022-11-21. Citation: TCN-2022-SC-00005. This is a Special Leave Petition (Civil) arising out of a final judgment and order dated 09-05-2022…

- **Court:** SC
- **Order date:** 21 Nov 2022
- **Citation:** TCN-2022-SC-00005
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/ashok-kumar-sarawagi-vs-enforcement-directorate-anr-5a4a34de

## Summary

### Background

This is a Special Leave Petition (Civil) arising out of a final judgment and order dated 09-05-2022 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 411/2022. The petition was called for hearing on 21-11-2022.

## Facts

Ashok Kumar Sarawagi filed a Special Leave Petition (Civil) against Enforcement Directorate & Anr. The petition challenges the final judgment and order dated 09-05-2022 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 411/2022. The respondent's counsel appeared and requested two weeks to file a counter affidavit. An interim order dated 01.11.2022 was in effect. The court is considering whether to grant further interim orders to the petitioner.

## Issues and analysis

### Issue 1: Whether the petitioner is entitled …

**Ratio:** The court has the discretion to grant or deny interim orders based on the facts and

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**Reasoning:** The court is awaiting the counter affidavit from the respondent to properly assess the

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**Interpretation:** The court is interpreting the petitioner's entitlement to further interim

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**Application:** The ratio is applied by allowing the respondent time to file a counter

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## Parties

- **Judges:** SANJAY KISH…; ABHAY S…
- **Appellants:** ASHOK KUMAR…
- **Respondents:** ENFORCEMENT…
- **Other parties:** Modif…
- **Advocates:** Dhruv M…; Tishampat…; +6 more

## Timeline

- **2022-05-09 — NCLAT Or…**: Final judgment and order passed by the National Company Law Appellate Tribunal (NCLAT) in…
- **2022-11-01 — Interim…**: Interim order passed by…

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