# In the matter of Committee of Creditors of Essar Steel India Limited Through Authorised Signatory Vs. Satish Kumar Gupta & Ors. Civil Appeal Diary No(s). 24417-2019

> SC judgment dated 2019-08-20. Citation: TCN-2019-SC-00034. The case arises from a civil appeal with Diary No. 24417/2019, originating from a final judgment…

- **Court:** SC
- **Order date:** 20 Aug 2019
- **Citation:** TCN-2019-SC-00034
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/committee-of-creditors-of-essar-steel-india-limited-through-authorised-signatory-ad9a5a44

## Summary

### Background

The case arises from a civil appeal with Diary No. 24417/2019, originating from a final judgment and order dated 04-07-2019 in CAAT No. 257/2019 and CAAT No. 265/2019 passed by the National Company Law Appellate Tribunal. The Committee of Creditors of Essar Steel India Limited, through its authorized signatory, is the appellant, while Satish Kumar Gupta & Ors. are the respondents. Several connected civil appeals and writ petitions are also listed for hearing.

## Facts

The Committee of Creditors of Essar Steel India Limited, acting through an authorized signatory, has filed a civil appeal against Satish Kumar Gupta & Ors. The appeal challenges a final judgment and order dated 04-07-2019 issued by the National Company Law Appellate Tribunal (NCLAT) in CAAT Nos. 257/2019 and 265/2019. Several connected civil appeals (C.A. Nos. 5634-5635/2019, 5636-5637/2019, 5716-5719/2019, 5996/2019, 6266/2019, 6269/2019, 6409/2019, 6433-6434/2019) and writ petitions (W.P.(C) Nos. 1049/2019, 1050/2019, 1055/2019, 1056/2019, 1057/2019, 1058/2019, 1060/2019, 1061/2019, 1063/2019, 1064/2019, 1066/2019) are also part of the proceedings. The Supreme Court is currently hearing these matters, and has allowed the Committee of Creditors to be made a party

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## Issues and analysis

### Issue 1: Whether the impugned final judgment and order passed by the National Company Law Appellate Tribunal …

**Ratio:** The ratio will depend on the specific legal principles and precedents considered by the

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**Reasoning:** The Supreme Court's reasoning will be based on a detailed examination of the NCLAT's

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**Interpretation:** The interpretation involves understanding the scope and meaning of the relevant

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**Application:** The application involves applying the legal principles and reasoning to the

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## Parties

- **Judges:** ROHINTON FALI…; SURYA…
- **Appellants:** COMMITTEE OF…
- **Respondents:** Essar Steel India…; Satish Kuma…

## Timeline

- **2019-07-04 — NCLAT Or…**: Final judgment and order passed by the National Company Law Appellate Tribunal (NCLAT) in…
- **2019-08-20 — Hearing…**: The matters were called on for…

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