Supreme Court of India
Saranga Anilkumar Aggarwal v. Bhavesh Dhirajlal Sheth & Ors.
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1 Supreme Court bench has cited this judgment.
What the Court ordered
For the foregoing reasons, this Court finds no merit in the appellant’s arguments.
Judgment, page 16
From the headnote
Issue for Consideration Whether the execution of penalty orders passed by the NCDRC can be stayed under the interim moratorium provisions of s.96 of the Insolvency and Bankruptcy Code, 2016. Headnotes† Consumer Protection Act, 1986 – s.27 – Insolvency and Bankruptcy Code, 2016 – s.96 – The NCDRC imposed multiple penalties on the appellant for failing to deliver possession of residential units to home-buyers as per the agreed timeline – The appellant sought a stay on the penalty proceedings before the NCDRC, contending that an application u/s.95 of the IBC has been filed against them,
Authorities it was built on
- 2000 Kunhayammed and Ors v. State of Kerala and Anr.
- 2019 Khoday Distilleries Ltd. (now Known as Khoday India Limited) and Others v. Sri Mahadeshwara Sahakara Sakkare Karkhane Ltd., Kollegal (under Liquidation) Represented by the Liquidator
- 2018 State Bank of India v. V. Ramakrishnan & Anr.
- 2011 Kaushalya Devi Massand v. Roopkishore Khore
- 2021 Manish Kumar v. Union of India and Another
- 2023 Ajay Kumar Radheyshyam Goenka v. Tourism Finance Corporation of India Ltd.
- 2021 P. Mohanraj & Ors. v. M/s. Shah Brothers Ispat Pvt. Ltd.
- 2013 Satyawati v. Rajinder Singh and Anr.
Where later benches applied it
Of those, 1 mentioned
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