# In the matter of Bhupinder Singh Vs. Unitech Limited. Civil Appeal No(s). 10856/2016

> SC judgment dated 2020-09-30. Citation: TCN-2020-SC-00025. The case pertains to Civil Appeal No. 10856/2016, involving Bhupinder Singh as the appellant and…

- **Court:** SC
- **Order date:** 30 Sept 2020
- **Citation:** TCN-2020-SC-00025
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/bhupinder-singh-vs-unitech-limited-civil-appeal-no-71b4b633

## Summary

### Background

The case pertains to Civil Appeal No. 10856/2016, involving Bhupinder Singh as the appellant and Unitech Ltd. as the respondent. The matter also includes SLP(Crl) No. 5978-5979/2017 (II-C), which is related to the renewal of Fixed Deposit Receipts (FDRs). IA No. 64112/2020 seeks permission to file additional documents/facts/annexures. The case was called for hearing on September 30, 2020.

## Facts

Bhupinder Singh filed a Civil Appeal (No. 10856/2016) against Unitech Ltd. Additionally, there's a Special Leave Petition (SLP(Crl) No. 5978-5979/2017) concerning the renewal of Fixed Deposit Receipts (FDRs). An Interlocutory Application (IA No. 64112/2020) was filed seeking permission to submit additional documents. The case was heard on September 30, 2020, where the court considered an office report dated September 25, 2020, pertaining to the FDRs. The court ordered the renewal of these FDRs for an additional six months from their maturity date. The hearing was conducted via video conference.

## Issues and analysis

### Issue 1: Whether the Fixed Deposit Receipts (FDRs) mentioned in the office report dated 25.9.2020 should be …

**Ratio:** The legal principle applied here is the court's discretionary power to manage assets and

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**Reasoning:** The court's reasoning is based on the need to maintain the financial status quo of the

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**Interpretation:** The interpretation involves understanding the court's authority to issue orders

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**Application:** The ratio and reasoning are applied to the specific facts of the case by

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## Parties

- **Appellants:** BHUPINDER…
- **Respondents:** UNITECH…

## Timeline

- **2020-09-25 — Office Repo…**: Date of the office report…
- **2020-09-30 — Hearing…**: The date on which the matter was called for hearing and the order for renewal of FDRs was…

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