# JSW Steel Limited vs. Sanjay Singhal & Ors.

> SC judgment dated 2025-05-26. Citation: TCN-2025-SC-00012. The case involves an appeal against a judgment of the court dated 2025-05-02 in the case of Kalyani…

- **Court:** SC
- **Order date:** 26 May 2025
- **Citation:** TCN-2025-SC-00012
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/jsw-steel-limited-vs-sanjay-singhal-ors-3b503289

## Summary

### Background

The case involves an appeal against a judgment of the court dated 2025-05-02 in the case of Kalyani Transco vs. Bhushan Power and Steel Ltd. & Ors. The appellant claims a right to file a Review Petition, arguing that the limitation period has not expired and steps are being taken to file it. However, the respondents are seeking an expeditious implementation of the directions issued by the court, which the appellant argues would jeopardize the consideration of the Review Petition.

## Facts

JSW Steel Limited filed a Civil Appeal in the Supreme Court of India against Sanjay Singhal & Ors. The appellant sought to file a Review Petition against the court's judgment dated 2025-05-02 in Kalyani Transco vs. Bhushan Power and Steel Ltd. The appellant argued that the limitation period for filing the Review Petition had not expired and steps were being taken to file it. The respondents, identified as ex-promoters, sought immediate implementation of the court's directions, which the appellant claimed would jeopardize the Review Petition. The court issued an order of status quo on the proceedings before the National Company Law Tribunal, pending the disposal of the Review Petition. This order was made as an interim arrangement to prevent any actions that could

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## Issues and analysis

### Issue 1: Whether the appellant has the right to file a Review Petition against the judgment of the Court …

**Ratio:** The right to file a Review Petition is a statutory right, subject to the limitation

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**Reasoning:** The court considered the appellant's submission that the limitation period for filing the

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**Interpretation:** The right to file a Review Petition is interpreted as a fundamental aspect of

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**Application:** The court applied this principle by acknowledging the appellant's claim that

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## Parties

- **Judges:** B.V. NAGA…; SATISH CHANDRA…
- **Appellants:** JSW STEEL L…
- **Respondents:** BHUSHAN POWER AND…; SANJAY SINGHAL &…

## Timeline

- **2025-05-02 — Original Ju…**: Date of the original judgment in the case of Kalyani Transco vs. Bhushan Power and Steel…
- **2025-05-13 — Impugned Final Judgment…**: Date of the impugned final judgment and order arising out of IA NO. 2160/2025 21-05-2025…

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