The case is a Civil Appeal No. 4654 of 2022 before the Supreme Court of India. The appellants, Neeraj Singal & Anr., challenged a judgment and order passed by the National Company Law Appellate Tribunal (NCLAT). The respondents are Tata Steel Ltd. & Anr. The Supreme Court heard arguments from both sides and considered the submissions made before the NCLAT and the Court itself. The appellants are the erstwhile Promoters. The Court agreed with the NCLAT's view and dismissed the appeal. The Court noted that if the submission on behalf of the appellants is accepted, the Resolution Plan shall not be workable at all. The Court also noted that the appellants cannot be continued to be in the Company in any capacity as shareholders.

The case is a Civil Appeal No. 4654 of 2022 before the Supreme Court of India. The appellants, Neeraj Singal & Anr., challenged a judgment and order passed by the National Company Law Appellate Tribunal (NCLAT). The respondents are Tata Steel Ltd. & Anr. The Supreme Court heard arguments from both sides and considered the submissions made before the NCLAT and the Court itself. The appellants are the erstwhile Promoters. The Court agreed with the NCLAT's view and dismissed the appeal. The Court noted that if the submission on behalf of the appellants is accepted, the Resolution Plan shall not be workable at all. The Court also noted that the appellants cannot be continued to be in the Company in any capacity as shareholders.