# Greenopolis Welfare Confederation Vs. Rakesh Kumar Gupta & Ors.

> SC judgment dated 2023-10-13. Citation: TCN-2023-SC-00030. The case involves multiple civil appeals arising out of a final judgment and order dated 2023-08-28…

- **Court:** SC
- **Order date:** 13 Oct 2023
- **Citation:** TCN-2023-SC-00030
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/greenopolis-welfare-confederation-vs-rakesh-kumar-gupta-ors-6ee94165

## Summary

### Background

The case involves multiple civil appeals arising out of a final judgment and order dated 2023-08-28 passed by the National Company Law Appellate Tribunal (NCLAT). The appeals are related to CAAT(I) No. 444/2022, CAAT(I) No. 651/2022, CAAT(I) No. 370/2022, CAAT(I) No. 1379/2022 and CAAT(I) No. 602/2022. The Supreme Court is hearing these appeals.

## Facts

The Greenopolis Welfare Confederation has filed civil appeals against Rakesh Kumar Gupta & Ors. The appeals arise from a final judgment and order dated 2023-08-28 passed by the National Company Law Appellate Tribunal (NCLAT) in multiple CAAT(I) cases. The Supreme Court is hearing these appeals. The court has granted permission to file the appeals, issued a notice, and ordered a status quo to be maintained by all parties, including on the assets. Mr. Nikilesh Ramachandran and Mr. Raj Kamal have been appointed as nodal counsel to prepare a soft copy of the common compilations. The parties are required to file a list of dates with brief submissions. The appeals are listed for disposal on 2023-11-21.

## Issues and analysis

### Issue 1: Whether the appeals …

**Ratio:** The court has the discretion to grant permission to file appeals based on the merits of

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**Reasoning:** The court granted permission to file the appeals, indicating that the appeals raise

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**Interpretation:** The granting of permission to file appeals signifies the court's initial

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**Application:** In this case, the court's decision to grant permission to file the appeals

…

## Parties

- **Judges:** THE CHIEF J…; J.B. PARD…; +1 more
- **Appellants:** GREENOPOLIS…
- **Respondents:** RAKESH KUMAR…

## Timeline

- **2023-08-28 — Impugned Final Judgment…**: Date of the final judgment and order passed by the National Company Law Appellate…
- **2023-10-13 — Appeals Called for…**: The civil appeals were called on for…

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