Supreme Court of India

Saranga Anilkumar Aggarwal v. Bhavesh Dhirajlal Sheth & Ors.

Neutral citation
Reported as [2025] 3 S.C.R. 325
Bench Vikram Nath and Prasanna B. Varale JJ.
Decided 3 March 2025

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

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,

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