# In the matter of Saurabh Jhunjhunwala vs. Pegasus Assets Reconstruction Pvt. Ltd.

> SC judgment dated 2025-05-23. Citation: TCN-2025-SC-00074. The case is a civil appeal before the Supreme Court of India.

- **Court:** SC
- **Order date:** 23 May 2025
- **Citation:** TCN-2025-SC-00074
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/saurabh-jhunjhunwala-vs-pegasus-assets-reconstruction-pvt-ltd-7c5b675d

## Summary

### Background

The case is a civil appeal before the Supreme Court of India.

## Facts

The appeal was against an order dated 01.05.2025 passed by the National Company Law Appellate Tribunal, Principal Bench, New Delhi.

The Supreme Court dismissed the appeal.

Pending applications, if any, were disposed of.

## Issues and analysis

### Issue 1: Whether the Supreme Court should interfere with the order passed by the National Company Law …

**Ratio:** The court found no good reason to

…

**Reasoning:** The court did not elaborate on the reasoning but simply stated that there was no good

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**Interpretation:** This suggests that the court found no legal or factual errors in the order of

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**Application:** The principle is that the Supreme Court will not interfere with the orders of

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## Parties

- **Judges:** J.B. PARD…; R. MAHA…
- **Appellants:** Saurabh Jhunjhunwa…
- **Respondents:** Pegasus Assets…
- **Other parties:** Affir…
- **Advocates:** Abhishek Manu…; Kalidharu…; +11 more

## Timeline

- **2025-05-01 — Order Da…**: Date of the impugned order passed by the…
- **2025-05-23 — Hearing…**: Date on which the matter was called…

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