# M/S A.S. MET CORP PRIVATE LIMITED vs. THE REGISTRAR & ORS.

> SC judgment dated 2025-11-14. Citation: TCN-2025-SC-00112. M/s A.S. Met Corp Private Limited, an operational creditor, initiated Corporate Insolvency…

- **Court:** SC
- **Order date:** 14 Nov 2025
- **Citation:** TCN-2025-SC-00112
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/ms-as-met-corp-private-limited-vs-the-registrar-ors-t95td

## Summary

### Background

M/s A.S. Met Corp Private Limited, an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s. KLSR Infratech Ltd. (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT Hyderabad admitted the application. Respondent no.4, a suspended director of the Corporate Debtor, challenged this order before the NCLAT, Chennai Bench. After hearing the appeal, the NCLAT reserved judgment. However, an "unfortunate incident" prompted the NCLAT, Chennai Bench, to pass an order dated 13.08.2025, which prevented a decision on merits and became the foundation of the present writ petition in the Supreme Court. The writ petition sought, among other reliefs, the registration of a First Information Report (FIR)

…

## Facts

A writ petition was filed invoking the jurisdiction of the Supreme Court under Article 32 of the Constitution of India.

The petitioner is an operational creditor of M/s. KLSR Infratech Ltd. (respondent no.5-company).

The petitioner filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 ("IBC") before the National Company Law Tribunal, Hyderabad Bench ("NCLT Hyderabad") due to alleged failure of M/s. KLSR Infratech Ltd. to make due payments.

The NCLT Hyderabad admitted the insolvency application and initiated Corporate Insolvency Resolution Proceedings ("CIRP").

…

## Issues and analysis

### Issue 1: Whether a writ of mandamus or any other appropriate writ, order or direction should be issued …

**Ratio:** The Supreme Court deemed it appropriate to treat the writ petition as a representation,

…

**Reasoning:** The Court recognized that the concerns raised are of "vital public importance"

…

**Interpretation:** The Court interpreted its role in such sensitive matters involving judicial

…

**Application:** The writ petition, along with all pending interlocutory applications, was

…

## Parties

- **Judges:** SURYA…; JOYMALYA…
- **Appellants:** M/S A.S. MET CORP…
- **Respondents:** M/s. KLSR…; THE REGI…; +1 more
- **Other parties:** IRP appointed by…
- **Advocates:** Rahul G…; Prashant B…

## Timeline

- **2023-07-18 — NCLAT Hearing…**: Company Appeal (AT) (CH) (Ins) No.210/2023 came up for hearing before NCLAT, Chennai…
- **2025-06-18 — NCLAT Hearing and…**: The NCLAT, Chennai Bench, heard the Company Appeal and reserved the judgment, allowing…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/supreme-court-of-india/ms-as-met-corp-private-limited-vs-the-registrar-ors-t95td