Uv Asset Reconstruction Company Limited vs. Aircel Limited

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION

Civil Appeal No of 2024

(Diary No 16938 of 2024)

UV Asset Reconstruction Company Limited & Anr .... Appellant(s)

Versus

Aircel Limited ....Respondent(s)

O R D E R

• 1 Delay in refiling the appeals is condoned.
• 2 We find no reason to interfere with the order of the National Company Law Appellate Tribunal dated 1 March 2024 in Company Appeal (AT)(Insolvency) Nos 333 of 2024 and 334 of 2024.
• 3 The appeals are accordingly dismissed.
• 4 Pending application, if any, stands disposed of.

..…..…....…........……………….…........CJI. [Dr Dhananjaya Y Chandrachud]

…..…..…....…........……………….…........J. [J B Pardiwala]

…..…..…....…........……………….…........J. [Manoj Misra]

ITEM NO.5 COURT NO.1 SECTION XVII

S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS

CIVIL APPEAL Diary No(s). 16938/2024

(Arising out of impugned final judgment and order dated 01-03-2024 in CAAT(I) No. 333/2024 and CAAT(I) No. 334/2024 passed by the National Company Law Appellate Tribunal)

UV ASSET RECONSTRUCTION COMPANY LIMITED & ANR. Appellant(s)

VERSUS

AIRCEL LIMITED Respondent(s)

(WITH IA No.135719/2024-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.135720/2024-CONDONATION OF DELAY IN REFILING / CURING THE DEFECTS)

Date : 10-07-2024 These appeals were called on for hearing today.

• CORAM : HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE J.B. PARDIWALA HON'BLE MR. JUSTICE MANOJ MISRA
• For Petitioner(s) Mr. Nikhil Nayyar, Sr. Adv. Mr. Dhruv Dewan, Adv. Mr. Rohan Batra, AOR Ms. Sugandha Batra, Adv. Ms. Sanjukta Roy, Adv. Mr. Harsh Vardhan Arora, Adv.

For Respondent(s)

UPON hearing the counsel the Court made the following O R D E R

• 1 Delay in refiling the appeals is condoned.
• 2 The appeals are dismissed in terms of the signed order.
• 3 Pending application, if any, stands disposed of.

(SANJAY KUMAR-I) (SAROJ KUMARI GAUR) ADDITIONAL REGISTRAR ASSISTANT REGISTRAR (Signed order is placed on the file)