# In the matter of Ravindra G. Sapkal vs. Samata Nagari Sahkari Patsantha Maryadit

> SC judgment dated 2024-12-17. Citation: TCN-2024-SC-00004. The Supreme Court of India heard an appeal against an order of the National Company Law Appellate…

- **Court:** SC
- **Order date:** 17 Dec 2024
- **Citation:** TCN-2024-SC-00004
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/ravindra-g-sapkal-vs-samata-nagari-sahkari-patsantha-maryadit-8f667962

## Summary

### Background

The Supreme Court of India heard an appeal against an order of the National Company Law Appellate Tribunal (NCLAT) which had affirmed the order of the adjudicating authority admitting an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ('IB Code'). The appeal was filed in response to the NCLAT's decision.

## Facts

An application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ('IB Code') was admitted by the adjudicating authority. The National Company Law Appellate Tribunal (NCLAT) affirmed this order. The appellant appealed to the Supreme Court. The first respondent's statement was considered. The court noted Section 12A of the IB Code, which governs the withdrawal of applications admitted under Section 7. The Supreme Court agreed with the NCLAT's view and found no error in the impugned order.

## Issues and analysis

### Issue 1: Whether the Supreme Court should interfere with the order of the NCLAT affirming the admission of …

**Ratio:** Interference with an order is not warranted if it aligns with the law and the views of

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**Reasoning:** The court agreed with the NCLAT's view and found no error in the impugned order. The

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**Interpretation:** Section 12A of the IB Code governs the withdrawal of applications admitted

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**Application:** Given the statement of the first respondent and the provisions of Section 12A,

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## Parties

- **Judges:** ABHAY S…; AUGUSTINE GEORGE…
- **Appellants:** Ravindra G.…
- **Respondents:** SAMATA NAGARI…
- **Other parties:** Affir…
- **Advocates:** S.S.…; Bharat…; +10 more

## Timeline

- **2022-03-09 — Order Da…**: The first respondent's statement was recorded in an order, and the Court granted interim…
- **2024-12-17 — Final Or…**: The Supreme Court dismissed the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 12A — (1) Subject to sub](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-12a)

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