# In the matter of Sumit Aggarwal Vs. Silvertoan Papers Limited & Ors. Civil Appeal No(s). 1799-2020

> SC judgment dated 2020-06-08. Citation: TCN-2020-SC-00061. This is a Civil Appeal case before the Supreme Court of India. The matter was called for hearing on…

- **Court:** SC
- **Order date:** 8 Jun 2020
- **Citation:** TCN-2020-SC-00061
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/sumit-aggarwal-vs-silvertoan-papers-limited-ors-civil-appeal-no-46b70591

## Summary

### Background

This is a Civil Appeal case before the Supreme Court of India. The matter was called for hearing on 08-06-2020. The case involves an exemption from filing C/C of the impugned judgment.

## Facts

The Civil Appeal No(s). is 1799/2020. Sumit Aggarwal is the appellant, and Silvertoan Papers Limited & Ors. is the respondent. The case involves an exemption from filing C/C of the impugned judgment (IA No. 26488/2020). The matter was called for hearing on 08-06-2020. The Supreme Court issued a notice and stayed the operation of the impugned order passed by the Tribunal until further orders.

## Issues and analysis

### Issue 1: Whether the operation of the impugned order …

**Ratio:** The court has the power to grant a stay on the operation of an order passed by a lower

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**Reasoning:** The court, after hearing the counsel, deemed it appropriate to issue a notice and stay

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**Interpretation:** The granting of a stay indicates that the court believes there is a possibility

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**Application:** In this specific case, the court applied the principle of granting a stay by

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## Parties

- **Judges:** Arun Mi…; INDIRA BA…
- **Appellants:** SUMIT AGG…
- **Respondents:** SILVERTOAN PAPERS…
- **Advocates:** Gautam…

## Timeline

- **2020-06-08 — Hearing…**: The matter was called…
- **N/A — Order…**: Issue notice. Until further orders, there shall be stay of operation of the impugned…

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