A Civil Appeal is being heard by the Supreme Court concerning a resolution plan under the Insolvency and Bankruptcy Code, 2016, involving M/S. NIRMAL UJJWAL CREDIT CO-OPERATIVE SOCIETY LTD. as the appellant. The court has noted the necessity of the Central Registrar of Multi State Cooperative Societies for effective adjudication.
The matter is a Civil Appeal No(s). 11193/2025.
The appellant is M/S. NIRMAL UJJWAL CREDIT CO-OPERATIVE SOCIETY LTD.
The respondents are RAVI SETHIA & ORS.
Interlocutory Applications (IAs) 213876/2025 (EX-PARTE STAY), 213875/2025 (EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT), and 213877/2025 (EXEMPTION FROM FILING O.T.) are pending.
The court heard senior counsel representing the appellant-Society, the Successful Resolution Applicant, and the Resolution Professional.
The court holds a prima facie view that the presence of the Central Registrar of Multi State Cooperative Societies is necessary for better and effective adjudication.
The National Company Law Appellate Tribunal (NCLAT) is currently proceeding with the approval of a resolution plan.
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A Civil Appeal is being heard by the Supreme Court concerning a resolution plan under the Insolvency and Bankruptcy Code, 2016, involving M/S. NIRMAL UJJWAL CREDIT CO-OPERATIVE SOCIETY LTD. as the appellant. The court has noted the necessity of the Central Registrar of Multi State Cooperative Societies for effective adjudication.
The matter is a Civil Appeal No(s). 11193/2025.
The appellant is M/S. NIRMAL UJJWAL CREDIT CO-OPERATIVE SOCIETY LTD.
The respondents are RAVI SETHIA & ORS.
Interlocutory Applications (IAs) 213876/2025 (EX-PARTE STAY), 213875/2025 (EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT), and 213877/2025 (EXEMPTION FROM FILING O.T.) are pending.
The court heard senior counsel representing the appellant-Society, the Successful Resolution Applicant, and the Resolution Professional.
The court holds a prima facie view that the presence of the Central Registrar of Multi State Cooperative Societies is necessary for better and effective adjudication.
The National Company Law Appellate Tribunal (NCLAT) is currently proceeding with the approval of a resolution plan.
The Civil App…
The matter is listed…
Sign in to view related legal provisions.