# In the matter of M.S.P. Ramarao Vs. National Company Law Tribunal-II (Adjudicating Authority) & Ors. Petition(s) for Special Leave to Appeal (C) No(s). 7768-2021

> SC judgment dated 2021-09-01. Citation: TCN-2021-SC-00020. The case arises out of an impugned final judgment and order dated 2021-04-30 in WP No. 11557/2021…

- **Court:** SC
- **Order date:** 1 Sept 2021
- **Citation:** TCN-2021-SC-00020
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/msp-ramarao-vs-national-company-law-tribunal-ii-f868daaf

## Summary

### Background

The case arises out of an impugned final judgment and order dated 2021-04-30 in WP No. 11557/2021 passed by the High Court for the State of Telangana at Hyderabad. The petition is for Special Leave to Appeal (C) No(s). 7768/2021.

## Facts

The petitioner, M.S.P. Ramarao, filed a Petition for Special Leave to Appeal (C) No(s). 7768/2021 in the Supreme Court against the National Company Law Tribunal-II (Adjudicating Authority) & ORS. The petition arises from a final judgment and order dated 2021-04-30 in WP No. 11557/2021 passed by the High Court for the State of Telangana at Hyderabad. The Supreme Court called the petition for hearing on 2021-09-01. The Court issued a notice, returnable in six weeks, and stayed the proceedings before the Adjudicating Authority.

## Issues and analysis

### Issue 1: Whether the Supreme Court should grant Special Leave to Appeal against the impugned final judgment …

**Ratio:** The grant of Special Leave to Appeal is discretionary and depends on the presence of a

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**Reasoning:** The Court considered the arguments presented by the counsel and deemed it appropriate to

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**Interpretation:** The issuance of notice implies that the Court found some merit in the

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**Application:** By issuing notice, the Court has signaled its willingness to consider the

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## Parties

- **Judges:** Vineet…; DINESH MAHE…
- **Appellants:** M.S.P. RA…
- **Respondents:** NATIONAL COMPANY…
- **Advocates:** Hetu Arora…; Anuj Ka…; +1 more

## Timeline

- **2021-04-30 — High Court…**: The High Court for the State of Telangana at Hyderabad passed a final judgment and order…
- **2021-09-01 — Supreme Court…**: The Supreme Court heard the Petition for Special Leave to Appeal. The Court issued…

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