# In the matter of Msc Mediterranean Shipping Company S.a Vs Ca Kannan Tiruvengadam & Anr

> SC judgment dated 2022-12-14. Citation: TCN-2022-SC-00003. The Supreme Court of India heard Civil Appeals No. 409-410/2022. The matter involved MSC…

- **Court:** SC
- **Order date:** 14 Dec 2022
- **Citation:** TCN-2022-SC-00003
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/msc-mediterranean-shipping-company-sa-vs-ca-kannan-tiruvengadam-anr-669497f6

## Summary

### Background

The Supreme Court of India heard Civil Appeals No. 409-410/2022. The matter involved MSC Mediterranean Shipping Company S.A. as the appellant and CA Kananan Tiruvengadam & Anr. as the respondents. IA No. 105241/2022 pertains to intervention/impleadment. The case was called for hearing on December 14, 2022.

## Facts

MSC Mediterranean Shipping Company S.A. filed a civil appeal against CA Kananan Tiruvengadam & Anr. The Supreme Court heard the matter on December 14, 2022, and an interim order was passed. The interim order restrained the liquidator from distributing any further sum of money to the creditors, if the liquidator still retained the funds. The case was listed for further hearing on January 4, 2023. The specific details of the underlying dispute are not provided in this document.

## Issues and analysis

### Issue 1: Whether the liquidator should be restrained from distributing funds to creditors pending further …

**Ratio:** The court has the power to issue interim orders to maintain the status quo and prevent

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**Reasoning:** The court reasoned that it was necessary to prevent the liquidator from distributing

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**Interpretation:** The court interpreted its inherent powers to issue orders that are necessary

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**Application:** The ratio and reasoning were applied to the specific facts of the case to

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## Parties

- **Judges:** ANIRUDDHA…; Sudhanshu…
- **Appellants:** MSC MEDITERRANEAN…
- **Respondents:** CA KANANAN…
- **Other parties:** Affir…

## Timeline

- **2022-12-14 — Hearing…**: The matter was called on for…
- **2023-01-04 — Next Hearin…**: The matter is listed…

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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/msc-mediterranean-shipping-company-sa-vs-ca-kannan-tiruvengadam-anr-669497f6