# M/S. NIRMAL UJJWAL CREDIT CO-OPERATIVE SOCIETY LTD. vs. RAVI SETHIA & ORS.

> SC judgment dated 2025-10-06. Citation: TCN-2025-SC-00115. A Civil Appeal is being heard by the Supreme Court concerning a resolution plan under the…

- **Court:** SC
- **Order date:** 6 Oct 2025
- **Citation:** TCN-2025-SC-00115
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/ms-nirmal-ujjwal-credit-co-operative-society-ltd-vs-ravi-sethia-ors-ag7vq

## Summary

### Background

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.

## Facts

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.

## Issues and analysis

### Issue 1: Whether the Central Registrar of Multi State Cooperative Societies is a necessary party for better …

**Ratio:** The presence of the Central Registrar of Multi State Cooperative Societies is deemed

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**Reasoning:** The Court, upon hearing the counsel, formed a prima facie view that the Central

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**Interpretation:** The Court interprets the scope of necessary parties in a litigation involving a

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**Application:** The appellant is directed to amend the cause title and implead the Central

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## Parties

- **Judges:** J.B. PARD…; K.V. VISWA…
- **Appellants:** M/S NIRMAL UJJWAL…
- **Respondents:** Ravi Se…; Central Registrar…; +2 more
- **Other parties:** Dcosta Ivo Manuel…
- **Advocates:** Pai A…; Honey S…; +30 more

## Timeline

- **2025-10-06 — Matter called for…**: The Civil Appeal was…
- **2025-10-28 — Next Listin…**: The matter is listed for further hearing…

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