# In the matter of Jaiprakash Associates Limited vs. State Of Up and Ors

> SC judgment dated 2025-04-07. Citation: TCN-2025-SC-00027. This is a Petition for Special Leave to Appeal (C) No. 9497/2025 arising out of an impugned final…

- **Court:** SC
- **Order date:** 7 Apr 2025
- **Citation:** TCN-2025-SC-00027
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/jaiprakash-associates-limited-vs-state-of-up-and-ors-81b808fd

## Summary

### Background

This is a Petition for Special Leave to Appeal (C) No. 9497/2025 arising out of an impugned final judgment and order dated 2025-03-10 passed by the High Court of Judicature at Allahabad in WRITC No. 6049/2020. The matter concerns a dispute involving M/S Jai Prakash Associates Ltd. and the State of U.P. & ORS. The Supreme Court is considering the matter and has issued notices.

## Facts

M/S Jai Prakash Associates Ltd. has filed a Petition for Special Leave to Appeal against the State of U.P. & ORS. The appeal arises from a judgment and order of the High Court of Judicature at Allahabad. The Supreme Court granted permission to file the special leave petition and issued notices to the respondents, returnable in the week commencing 2025-05-13. The court is particularly interested in how the Yamuna Expressway Industrial Development Authority (YEIDA) intends to address mortgage/security interests created with financial institutions. The respondents have accepted the notice. The case involves multiple IAs related to filing additional documents, exemption from filing certified copies, and permission to file a lengthy list of dates.

## Issues and analysis

### Issue 1: Whether the Supreme Court should …

**Ratio:** The Supreme Court has the discretion to grant special leave to appeal under Article 136

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**Reasoning:** The Supreme Court granted permission to file the special leave petition, indicating that

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**Interpretation:** The granting of permission to file the special leave petition suggests that the

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**Application:** The Supreme Court's decision to grant leave to appeal indicates that the court

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## Parties

- **Judges:** THE CHIEF J…; Sanjay…; +1 more
- **Appellants:** M/S JAI PRAKASH…
- **Respondents:** STATE OF U.P. &…

## Timeline

- **2025-03-10 — Impugned Judgment and…**: Date of the impugned final judgment and order passed by the High Court of Judicature at…
- **2025-04-07 — Hearing…**: The matter was called on for…

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