# In the matter of Vijay Kumar Penmetsa vs. Dr. K.v Srinivas

> SC judgment dated 2025-02-24. Citation: TCN-2025-SC-00041. The case involves an appeal where the auction has already taken place. The appellant is advised to…

- **Court:** SC
- **Order date:** 24 Feb 2025
- **Citation:** TCN-2025-SC-00041
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/vijay-kumar-penmetsa-vs-dr-kv-srinivas-706245a8

## Summary

### Background

The case involves an appeal where the auction has already taken place. The appellant is advised to seek an appropriate remedy in accordance with the law. The court disposes of the appeals, leaving open the appellant's legal remedies and the contentions of all parties. The interim order previously passed by the court is terminated.

## Facts

The auction related to the appeals has already taken place. The appellant's senior counsel informed the court about this development. The court then disposed of the appeals, advising the appellant to seek an appropriate remedy in accordance with the law. The interim order previously passed by the court was terminated. Several applications were pending, including one seeking impleadment, and these were also disposed of.

## Issues and analysis

### Issue 1: Whether the appellant should be directed to seek an appropriate remedy in accordance with the law, …

**Ratio:** When a significant event, such as an auction, alters the factual basis of a case, the

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**Reasoning:** The court reasoned that since the auction had already taken place, the original appeals

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**Interpretation:** This legal issue involves the interpretation of procedural fairness and the

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**Application:** The court applied this principle by directing the appellant to seek a new

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## Parties

- **Judges:** ABHAY S…; UJJAL B…
- **Appellants:** Vijay Kumar…
- **Respondents:** Dr.K.V.Sr…
- **Advocates:** D.V.S.S. Somayajul…; Ch V Ra…; +10 more

## Timeline

- **2025-02-24 — Appeals H…**: The appeals were called…
- **2025-02-24 — Order Is…**: The court disposed of the appeals, directing the appellant to seek an appropriate remedy…

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