# In the matter of Vallal RCK Vs. Siva Industries and Holdings Limited & Anr. Civil Appeal No(s). 1011-1012-2022

> SC judgment dated 2022-03-11. Citation: TCN-2022-SC-00066. The case involves a civil appeal before the Supreme Court of India. The appeals were called for…

- **Court:** SC
- **Order date:** 11 Mar 2022
- **Citation:** TCN-2022-SC-00066
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/vallal-rck-vs-siva-industries-and-holdings-limited-anr-civil-appeal-no-4cfad0b0

## Summary

### Background

The case involves a civil appeal before the Supreme Court of India. The appeals were called for hearing on March 11, 2022. The case also involves an application for exemption from filing C/C of the impugned judgment and an application for ex-parte stay.

## Facts

Civil Appeals No(s).1811-1812/2022 were filed before the Supreme Court of India. The appeals were called for hearing on March 11, 2022. The appellant is Vallal RCK. The respondent is M/S Siva Industries and Holdings Limited & Anr. The case involves an application for exemption from filing C/C of the impugned judgment (IA No.33162/2022) and an application for ex-parte stay (IA No.33163/2022). The Supreme Court issued a notice and stayed the impugned judgment dated January 28, 2022, passed by the National Company Law Appellate Tribunal, Chennai Bench, in Company Appeal (AT) (CH) (Insolvency) Nos. 211 & 212 of 2021.

## Issues and analysis

### Issue 1: Whether the impugned judgment dated 28.01.2022 passed by the National Company Law Appellate …

**Ratio:** The court has the power to grant a

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**Reasoning:** The court considered the arguments presented by the counsel and decided to grant a stay

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**Interpretation:** The court's decision to grant a stay indicates that it found some merit in the

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**Application:** The ratio and reasoning were applied to the specific facts of the case, leading

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## Parties

- **Judges:** L. Nageswa…; B.R. G…
- **Appellants:** VALLAL…
- **Respondents:** M/S SIVA INDUSTRIE…

## Timeline

- **2022-01-28 — Impugned Ju…**: The National Company Law Appellate Tribunal, Chennai Bench, passed a judgment in Company…
- **2022-03-11 — Hearing…**: The Supreme Court heard the civil appeals and issued notice and stayed the impugned…

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