# In the matter of Greenpolis Welfare Confederation vs. Rakesh Kumar Gupta & Ors.

> SC judgment dated 2023-10-13. Citation: TCN-2023-SC-00029. The Supreme Court of India is hearing civil appeals arising out of a final judgment and order dated…

- **Court:** SC
- **Order date:** 13 Oct 2023
- **Citation:** TCN-2023-SC-00029
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/greenpolis-welfare-confederation-vs-rakesh-kumar-gupta-ors-6c6ca46e

## Summary

### Background

The Supreme Court of India is hearing 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 involve 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.

## 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 several CAAT(I) cases. The appellant has also filed applications for interim relief and exemption from filing certified copies of the impugned judgment. The court has granted permission to file the appeals and ordered the maintenance of status quo. The appeals are listed for disposal on 2023-11-21. The appointment of nodal counsel suggests a need for streamlined compilation of documents and submissions.

## Issues and analysis

### Issue 1: Whether permission to file the …

**Ratio:** The court has the discretion to grant or deny permission to file appeals based on the

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

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**Interpretation:** The grant of permission to file an appeal signifies that the court found

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**Application:** In this case, the court found that the appeals warranted further consideration

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## Parties

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

## Timeline

- **2023-08-28 — Impugned Final Judgment…**: Date of the final judgment and order passed by the National Company Law Appellate…
- **2023-08-22 — Circular…**: Date of the circular in terms of which the nodal counsel shall prepare a soft copy of the…

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