# In the matter of Tata Steel BSL Ltd. Vs. Varsha & Anr. SLP(Civil) Diary No. 36520 of 2019

> SC judgment dated 2020-01-20. Citation: TCN-2020-SC-00075. This is a Special Leave Petition (Civil) Diary No.36520/2019 arising out of an impugned final…

- **Court:** SC
- **Order date:** 20 Jan 2020
- **Citation:** TCN-2020-SC-00075
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/tata-steel-bsl-ltd-vs-varsha-anr-slp-6f45ffeb

## Summary

### Background

This is a Special Leave Petition (Civil) Diary No.36520/2019 arising out of an impugned final judgment and order dated 28-03-2019 in WP No. 8620/2018 09-07-2019 in MCA No. 649/2019 passed by the High Court of Judicature at Bombay at Nagpur.

## Facts

The case is a Special Leave Petition (Civil) Diary No.36520/2019 filed against the final judgment and order dated 28-03-2019 passed by the High Court of Judicature at Bombay at Nagpur in WP No. 8620/2018 09-07-2019 in MCA No. 649/2019. The petitioner is M/S. TATA STEEL BSL LTD. and the respondent is VARSHA & ANR. The petition includes applications for condonation of delay in filing (IA No.1389/2020), condonation of delay in refiling/curing defects (IA No.1391/2020), and permission to file a lengthy list of dates (IA No.1394/2020). The court heard the counsel and issued notice, staying the operation of the impugned judgment and further proceedings in Suit No.153 of 2011.

## Issues and analysis

### Issue 1: Whether the operation of the impugned judgment and further proceedings in Suit No.153 of 2011 …

**Ratio:** The court has the power to grant a stay on the operation of a judgment or order pending

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**Reasoning:** The court, after hearing the counsel, deemed it appropriate to stay the operation of the

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**Interpretation:** This indicates that the court found sufficient grounds to warrant a temporary

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**Application:** The court applied its power to grant a stay, based on the specific

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## Parties

- **Judges:** NAVIN S…; KRISHNA M…
- **Appellants:** M/S. TATA STEEL…
- **Respondents:** TATA STEEL BSL…; VARSHA &…
- **Other parties:** Over Tu…

## Timeline

- **2019-03-28 — High Court J…**: Impugned final judgment and order dated 28-03-2019 passed by the High Court of Judicature…
- **2019-07-09 — High Court…**: Order in WP No. 8620/2018 09-07-2019 in MCA No. 649/2019 passed by the High Court of…

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