# 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 2019-09-17. Citation: TCN-2019-SC-00027. The case arises out of an impugned final judgment and order dated 04-07-2019 in CAAT No. 257/2019…

- **Court:** SC
- **Order date:** 17 Sept 2019
- **Citation:** TCN-2019-SC-00027
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/committee-of-creditors-of-essar-steel-india-limited-through-authorised-signatory-b64406fa

## Summary

### Background

The case arises out of an impugned final judgment and order dated 04-07-2019 in CAAT No. 257/2019 and 04-07-2019 in CAAT No. 265/2019 passed by the National Company Law Appellate Tribunal.

## Facts

The Civil Appeal Diary No(s). 24417/2019 arises 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, and Satish Kumar Gupta & Ors. are the respondents. Several Interlocutory Applications (IAs) are filed, including applications for intervention, impleadment, ex-parte stay, and permission to file additional documents. The case involves multiple Civil Appeals (CAs) and Writ Petitions (WPs). The Supreme Court heard the matter on 17-09-2019 and listed it for further hearing on 15-10-2019, ordering the completion of pleadings.

## Issues and analysis

### Issue 1: Whether the impugned final judgment and order dated 04-07-2019 passed by the National Company Law …

**Ratio:** The validity of the NCLAT order is central to the appeal. The Supreme Court will examine

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**Reasoning:** The Supreme Court will review the NCLAT's judgment to determine if it correctly applied

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**Interpretation:** The Supreme Court's interpretation of the relevant laws, including the

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**Application:** The Supreme Court will apply its interpretation of the law to the specific

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## Parties

- **Judges:** ROHINTON FALI…; R. Subhash…; +1 more
- **Appellants:** Committee of…
- **Respondents:** Essar Steel India…; Satish Kumar…

## Timeline

- **2019-07-04 — Impugned Final Judgment…**: The National Company Law Appellate Tribunal (NCLAT) passed a final judgment and order in…
- **2019-09-17 — Hearing…**: The Supreme Court heard…

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