# In the matter of Rajasthan Drugs and Pharmaceuticals Ltd. vs. ATE Projects Pvt. Ltd. & Ors.

> SC judgment dated 2022-09-23. Citation: TCN-2022-SC-00017. The case involves a civil appeal before the Supreme Court of India. The appeal pertains to an order…

- **Court:** SC
- **Order date:** 23 Sept 2022
- **Citation:** TCN-2022-SC-00017
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/rajasthan-drugs-and-pharmaceuticals-ltd-vs-ate-projects-pvt-ltd-ors-6f9bf888

## Summary

### Background

The case involves a civil appeal before the Supreme Court of India. The appeal pertains to an order that is under challenge. The appellant is required to deposit a sum of Rs. 1,80,00,000/- before the National Company Law Tribunal.

## Facts

M/S Rajasthan Drugs and Pharmaceuticals Ltd (under CIRP) filed an appeal against M/S ATE Projects Pvt. Ltd. & Ors. before the Supreme Court of India. The Civil Appeal number is 6366 of 2022. The Supreme Court admitted the appeal, subject to the condition that the appellant deposits Rs. 1,80,00,000/- (Rupees One Crore Eighty Lakhs only) before the National Company Law Tribunal to the credit of CA (IB) No.324/9/JPR/2019 within six weeks. Upon the deposit, the effect and operation of the order presently under challenge shall remain stayed.

## Issues and analysis

### Issue 1: Whether the appeal …

**Ratio:** The court has the discretion to admit appeals based on its assessment of the merits and

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**Reasoning:** The court admitted the appeal, implying that it found sufficient grounds to warrant

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**Interpretation:** Admission of an appeal signifies that the court believes there is a legal

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**Application:** The court's decision to admit the appeal suggests that the appellant's

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## Parties

- **Judges:** THE CHIEF J…; INDIRA BA…; +1 more
- **Appellants:** M/S RAJASTHAN…
- **Respondents:** Rajasthan Drugs…; M/S ATE PROJECTS…

## Timeline

- **2022-09-23 — Appeal Called for…**: The civil appeal was called on for…
- **N/A — Order…**: The Supreme Court admitted the appeal and directed the appellant to deposit Rs.…

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