# In the matter of Vinod Agrawal Vs Jagdish Kumar Parulkar

> SC judgment dated 2024-07-10. Citation: TCN-2024-SC-00058. The Civil Appeal arises out of Diary No. 15789 of 2023, challenging the final judgment and order…

- **Court:** SC
- **Order date:** 10 Jul 2024
- **Citation:** TCN-2024-SC-00058
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/vinod-agrawal-vs-jagdish-kumar-parulkar-b561f6e3

## Summary

### Background

The Civil Appeal arises out of Diary No. 15789 of 2023, challenging the final judgment and order dated 2023-02-16 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 483/2022. The appeal was filed by Vinod Agarwal & Ors. against Jagdish Kumar Parulkar Resolution Professional of M/S. Tayal Foods Ltd. & Ors.

## Facts

Vinod Agarwal & Ors. filed a Civil Appeal against the judgment and order dated 2023-02-16 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 483/2022. The appeal was initially delayed in refiling, but the Supreme Court condoned the delay. The Supreme Court heard the counsel for the appellants and concurred with the view taken by the NCLAT. Consequently, the Civil Appeal was dismissed, and pending applications were disposed of. The respondent is Jagdish Kumar Parulkar Resolution Professional of M/S. Tayal Foods Ltd. & Ors.

## Issues and analysis

### Issue 1: Whether the Supreme Court should interfere with the judgment and order passed by the National …

**Ratio:** The Supreme Court generally defers to the expertise of specialized tribunals like the

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**Reasoning:** The Supreme Court, after hearing the learned counsel for the appellants, explicitly

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**Interpretation:** This signifies the Supreme Court's recognition of the NCLAT's authority in

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**Application:** In this specific case, the Supreme Court's concurrence with the NCLAT's view

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## Parties

- **Judges:** ABHAY S…; AUGUSTINE GEORGE…
- **Appellants:** Vinod Ag…
- **Respondents:** TAYAL FOOD…; JAGDISH KUMAR…

## Timeline

- **2023-02-16 — NCLAT Or…**: The National Company Law Appellate Tribunal (NCLAT) passed a final judgment and order in…
- **2023-01-01 — Diary Nu…**: The Civil Appeal was…

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