# In the matter of TDI Infrastructure Limited Vs. Union Bank of India & Ors. Writ Petition(s)(Civil)  No(s). 951-2019

> SC judgment dated 2019-08-02. Citation: TCN-2019-SC-00046. This is a Writ Petition (Civil) No. 951/2019 before the Supreme Court of India. The petition was…

- **Court:** SC
- **Order date:** 2 Aug 2019
- **Citation:** TCN-2019-SC-00046
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/tdi-infrastructure-limited-vs-union-bank-of-india-ors-writ-petition-cbfa2e47

## Summary

### Background

This is a Writ Petition (Civil) No. 951/2019 before the Supreme Court of India. The petition was called for hearing on 02-08-2019. The matter concerns a stay application (IA No.109863/2019-STAY APPLICATION).

## Facts

M/S TDI Infrastructure Limited filed a Writ Petition (Civil) No. 951/2019 before the Supreme Court of India against Union of India & Ors. The petition includes an application for a stay (IA No.109863/2019-STAY APPLICATION). The Supreme Court heard the petition on 02-08-2019. The key fact is that the Supreme Court has stayed further proceedings before the National Company Law Tribunal, New Delhi. This stay is relevant because it temporarily halts the proceedings at the NCLT, potentially impacting the rights and obligations of the parties involved in the NCLT proceedings.

## Issues and analysis

### Issue 1: Whether the Supreme Court should grant a stay of further proceedings before the National Company …

**Ratio:** The power of the Supreme Court to grant interim relief, including a stay, is derived from

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**Reasoning:** The Court reasoned that a stay was warranted in the interim, pending further

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**Interpretation:** The interpretation of the power to grant a stay involves balancing the

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**Application:** In this case, the Court applied its discretion to grant a stay, effectively

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## Parties

- **Judges:** ROHINTON FALI…; SURYA…
- **Appellants:** M/S TDI INFRASTRUC…
- **Respondents:** UNION OF INDIA &…

## Timeline

- **2019-08-02 — Hearing…**: The Writ Petition was called on for…
- **2019-08-02 — Stay Ord…**: The Supreme Court ordered a stay of further proceedings before the National Company Law…

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