# In the matter of Chitra Sharma & Ors. vs. Union of India & Ors.

> SC judgment dated 2018-05-16. Citation: TCN-2018-SC-00049. The case involves a Writ Petition (Civil) No. 744/2017 before the Supreme Court of India, filed by…

- **Court:** SC
- **Order date:** 16 May 2018
- **Citation:** TCN-2018-SC-00049
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/chitra-sharma-ors-vs-union-of-india-ors-8a5bd3d4

## Summary

### Background

The case involves a Writ Petition (Civil) No. 744/2017 before the Supreme Court of India, filed by Chitra Sharma & Ors. against Union of India & Ors. The case is related to the insolvency resolution of Jaypee Infratech Ltd. (JIL). Several intervention applications and applications for clarification/direction are also associated with the main writ petition. The court is addressing issues related to the protection of home-buyers' interests and the resolution of the corporate insolvency.

## Facts

Chitra Sharma & Ors. filed a Writ Petition (Civil) No. 744/2017 against Union of India & Ors. concerning the insolvency resolution of Jaypee Infratech Ltd. (JIL), a subsidiary of Jai Prakash Associates Ltd. (JAL). Several intervention applications and applications for clarification/direction are associated with the main petition. The court is dealing with the issue of protecting the interests of home-buyers who have invested in JIL's projects. Jai Prakash Associates Ltd. (JAL) was directed to deposit a further sum of Rs.1,000 crores by 15.6.2018. The court also addressed the disbursal of Rs.750 crores already in deposit to the home-buyers on a pro-rata basis. An independent Director of JAL, Mr. Sundaram Balasubramanian, was granted permission to travel to the

…

## Issues and analysis

### Issue 1: Whether the application for …

**Ratio:** The court has the discretion to allow impleadment of parties if their presence is

…

**Reasoning:** The court considered the application for

…

**Interpretation:** Impleadment allows parties with a direct and substantial interest in the

…

**Application:** The court allowed the application for impleadment, indicating that the party

…

## Parties

- **Judges:** THE CHIEF J…; A.M. KHAN…; +1 more
- **Appellants:** CHITRA S…
- **Respondents:** Jaypee Infratech…; Union of…

## Timeline

- **2017-01-01 — Writ Petitio…**: Writ Petition (Civil) No. 744/2017…
- **2018-05-16 — Hearing…**: The matter was called…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/supreme-court-of-india/chitra-sharma-ors-vs-union-of-india-ors-8a5bd3d4