# In the matter of K B Educational Services Pvt Ltd  Vs Axis Bank Ltd & Others Civil Appeals Diary No.33160-2018

> SC judgment dated 2018-09-28. Citation: TCN-2018-SC-00013. The case involves a civil appeal filed by KB Educational Services Pvt Ltd against Axis Bank Limited…

- **Court:** SC
- **Order date:** 28 Sept 2018
- **Citation:** TCN-2018-SC-00013
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/k-b-educational-services-pvt-ltd-vs-axis-bank-ltd-others-civil-appeals-diary-no3-81a9c342

## Summary

### Background

The case involves a civil appeal filed by KB Educational Services Pvt Ltd against Axis Bank Limited & Ors. The appellant sought exemption from filing a certified copy of the impugned judgment and a stay on the application. The matter was called for hearing on September 28, 2018.

## Facts

KB Educational Services Pvt Ltd filed a civil appeal against Axis Bank Limited & Ors. The appellant sought exemption from filing a certified copy of the impugned judgment and a stay on the application. The Supreme Court heard the matter on September 28, 2018. The court granted permission to file the appeal, allowed the exemption from filing a certified copy, issued notice, and ordered the maintenance of the status quo. The case was tagged with Civil Appeal Nos. 9090-9091 of 2018.

## Issues and analysis

### Issue 1: Whether permission to file …

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

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**Reasoning:** The court heard the learned counsel for the appellant and perused the relevant material

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**Interpretation:** The court's decision to grant permission to file the appeal indicates that the

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**Application:** In this case, the court found sufficient merit in the appellant's arguments and

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## Parties

- **Judges:** Ranjan…; NAVIN S…; +1 more
- **Appellants:** KB EDUCATIONAL…
- **Respondents:** Axis Bank L…

## Timeline

- **2018-09-28 — Hearing…**: The matter was called on for…

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