# In the matter of Nirmal Ujjwal Credit Co-operative Society Ltd. vs. Ravi Sethia & Ors.

> SC judgment dated 2025-10-09. Citation: TCN-2025-SC-00094. The case involves an appeal before the Supreme Court of India regarding matters related to an…

- **Court:** SC
- **Order date:** 9 Oct 2025
- **Citation:** TCN-2025-SC-00094
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/nirmal-ujjwal-credit-co-operative-society-ltd-vs-ravi-sethia-ors-15f3e772

## Summary

### Background

The case involves an appeal before the Supreme Court of India regarding matters related to an ex-parte stay, exemption from filing the certified copy of the impugned judgment, and exemption from filing O.T.

## Facts

The case involves a Civil Appeal before the Supreme Court of India.

The appellant is M/S. Nirmal Ujjwal Credit Co-Operative Society Ltd.

The respondents are Ravi Sethia & Ors.

The Court is considering whether societies like the appellant are barred from submitting a resolution plan under the IBC, 2016.

The Court directed the appellant to implead the Central Registrar as a party respondent.

The NCLAT is allowed to proceed with the approval of the plan, but no final order shall be passed.

## Issues and analysis

### Issue 1: Whether societies like the appellant are barred from submitting a resolution plan under the …

**Ratio:** The Court seeks clarification from the Central Registrar regarding the eligibility of

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**Reasoning:** The Court wants to determine if there are any restrictions on societies like the

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**Interpretation:** The Court is interpreting the provisions of the IBC, 2016 to determine the

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**Application:** The Court's decision will determine whether the appellant society can submit a

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## Parties

- **Judges:** J.B. PARD…; K.V. VISWA…
- **Appellants:** M/S NIRMAL UJJWAL…
- **Respondents:** RAVI SETHIA…; Central Reg…
- **Advocates:** Mukul Ro…; Rajiv Sha…; +30 more

## Timeline

- **2025-10-06 — Hearing…**: The matter was called…
- **2025-10-28 — Next Hearin…**: The matter is listed for further…

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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/nirmal-ujjwal-credit-co-operative-society-ltd-vs-ravi-sethia-ors-15f3e772