# In the matter of Vikas Jeph vs. Anoop Bhatia

> SC judgment dated 2024-02-12. Citation: TCN-2024-SC-00097. The case involves a civil appeal before the Supreme Court of India. The appellant, Vikas Jeph,…

- **Court:** SC
- **Order date:** 12 Feb 2024
- **Citation:** TCN-2024-SC-00097
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/vikas-jeph-vs-anoop-bhatia-cf3c5442

## Summary

### Background

The case involves a civil appeal before the Supreme Court of India. The appellant, Vikas Jeph, brought Rs. 15,00,000 into the account of the corporate debtor on 17.09.2022. Subsequently, on 22.09.2022, a payment of Rs. 17,30,000 was made to the Maharaj Vinayak Society, which is closely related to the appellant. The order for initiation of Corporate Insolvency Resolution Process (CIRP) was passed on 16.09.2022.

## Facts

The appellant, Vikas Jeph, deposited Rs. 15,00,000 into the corporate debtor's account on 17.09.2022. Prior to this, on 16.09.2022, an order was passed for the initiation of the Corporate Insolvency Resolution Process (CIRP). Subsequently, on 22.09.2022, Rs. 17,30,000 was paid to Maharaj Vinayak Society, an organization closely related to Vikas Jeph. The appellant argued that he was unaware of the order passed on 16.09.2022. The relevance of these facts lies in the appellant's attempt to claim ignorance of the CIRP order despite financial transactions involving the corporate debtor and a related entity.

## Issues and analysis

### Issue 1: Whether the appellant's claim of unawareness of the order passed on 16.09.2022 for initiation of …

**Ratio:** A party's claim of unawareness of a legal order may not be accepted if it is improbable

…

**Reasoning:** The court found the appellant's argument of being unaware of the order passed on

…

**Interpretation:** This issue involves the interpretation of whether a party can reasonably claim

…

**Application:** The ratio is applied to the specific facts of the case, where the appellant's

…

## Parties

- **Judges:** SANJIV K…; DIPANKAR…
- **Appellants:** Vikas…
- **Respondents:** Anoop B…
- **Other parties:** Affir…

## Timeline

- **2022-09-16 — Order for…**: Order for initiation of Corporate…
- **2022-09-17 — Deposit by Ap…**: Vikas Jeph deposited Rs. 15,00,000 into…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/supreme-court-of-india/vikas-jeph-vs-anoop-bhatia-cf3c5442