# In the matter of Punit Beriwala vs. Vipul Greens Residents Welfare Associates & Anr. Civil Appeal No(S). 4467-2021]

> SC judgment dated 2021-08-02. Citation: TCN-2021-SC-00028. The appeal was filed against an NCLT Order, and during the proceedings, a settlement agreement was…

- **Court:** SC
- **Order date:** 2 Aug 2021
- **Citation:** TCN-2021-SC-00028
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/punit-beriwala-vs-vipul-greens-residents-welfare-associates-anr-civil-appeal-no-3451d499

## Summary

### Background

The appeal was filed against an NCLT Order, and during the proceedings, a settlement agreement was reached between the parties.

## Facts

The present case, Civil Appeal No. 4467/2021, was heard by the Supreme Court of India. The appellant, Punit Beriwala, was challenging an order passed by the National Company Law Tribunal (NCLT). The respondents were Vipul Greens Residents Welfare Association & Anr. The matter was listed for hearing on August 2, 2021, and was heard via video conferencing. During the hearing, Mr. K. V. Vishwanathan, senior counsel for the applicant in I.A.No. 89123 of 2021, informed the Court that the Committee of Creditors (CoC) had not yet been constituted. He further stated that his client was within the 30-day period during which the application could be considered and an order passed by the Court, confirming that the matter had been settled. Following this submission, the

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## Parties

- **Judges:** ROHINTON FALI…; B.R. G…
- **Appellants:** PUNIT BER…
- **Respondents:** VIPUL GREENS…; Vipul Greens…
- **Advocates:** For the appellant:…; Mahesh Agarwal,…; +10 more

## Timeline

- **July 26, 2021 — Settlement Ag…**: A Settlement Agreement was…
- **August 2, 2021 — Appeal Hearing and…**: The Supreme Court heard the appeal, took the Settlement Agreement on record, and disposed…

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