# In the matter of Reliance Communications Limited Vs State Bank of India  WP (C) No.845-2018 and OTHERS

> SC judgment dated 2018-08-03. Citation: TCN-2018-SC-00034. This case involves a writ petition filed by Reliance Communications Limited & Ors. against State…

- **Court:** SC
- **Order date:** 3 Aug 2018
- **Citation:** TCN-2018-SC-00034
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/reliance-communications-limited-vs-state-bank-of-india-wp-7d1edddb

## Summary

### Background

This case involves a writ petition filed by Reliance Communications Limited & Ors. against State Bank of India & Ors. regarding financial matters. The Supreme Court is hearing the matter, which includes applications for permission to file additional documents, exemption from filing certified copies of impugned judgments, and intervention/impleadment. The case also involves an interim order from the National Company Law Appellate Tribunal (NCLAT) regarding Ericsson India Pvt. Ltd.'s settlement of debt.

## Facts

Reliance Communications Limited & Ors. filed a writ petition against State Bank of India & Ors. The case involves financial matters and an interim order from the National Company Law Appellate Tribunal (NCLAT). Ericsson India Pvt. Ltd., an Operational Creditor, is willing to settle its debt of over Rs. 1500 Crores for Rs. 550 Crores. This amount is to be paid within 120 days, specifically by September 30, 2018. The Supreme Court is hearing applications for filing additional documents, exemption from filing certified copies, and impleadment. The court is also considering the undertaking to be given by the Chairman of the concerned company within one week. The case is listed for further hearing on October 1, 2018. The sale of assets will proceed as stated in the

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## Issues and analysis

### Issue 1: Whether the applications for exemption from filing certified copies of the impugned orders should …

**Ratio:** The court has the discretion to allow exemptions from procedural requirements to expedite

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**Reasoning:** The court allowed the applications to streamline the proceedings and focus on the

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**Interpretation:** This reflects a pragmatic approach to procedural rules, prioritizing efficiency

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**Application:** The court's decision to allow the exemption facilitated the progression of the

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## Parties

- **Judges:** ROHINTON FALI…; Indu Mal…
- **Appellants:** Reliance Communica…
- **Respondents:** State Bank of…

## Timeline

- **2018-05-30 — NCLAT Interi…**: National Company Law Appellate Tribunal (NCLAT) issued an interim order regarding…
- **2018-08-03 — Supreme Court…**: The Supreme Court heard the matter and directed…

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