Srei Multiple Asset Investment Trust vs. Arcelormittal Nippon Steel India Ltd
Court:Supreme Court of India
Judge:Hon'ble Hon'Ble The Chief Justice
Case Status:Disposed
Order Date:5 Jan 2024
CNR:SCIN010468342023
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S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No(s).27840-27841/2023 (Arising out of impugned final judgment and order dated 23-10-2023 in CA No. 1270/2023 and 23-10-2023 in LPA No. 946/2023 passed by the High Court of Gujarat at Ahmedabad) SREI MULTIPLE ASSET INVESTMENT TRUST Petitioner(s) VERSUS ARCELORMITTAL NIPPON STEEL INDIA LTD & ORS. Respondent(s) (WITH IA No.261647/2023-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Date : 05-01-2024 These petitions 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. Siddhartha Dave, Sr. Adv. Ms. Pallavi Langar, AOR Ms. Gauri Rishi, Adv. Ms. Srishti Juneja, Adv. Ms. Sugandh Kocchar, Adv. Ms. Vidhi Thaker, Adv. For Respondent(s) Mr. Mukul Rohatgi, Sr. Adv. Dr. Abhishek Manu Singhvi, Sr. Adv. Ms. Ruby Singh Ahuja, Adv. Mr. Vishal Gehrana, Adv. Mr. Amit Bhandari, Adv. Mr. Varun Khanna, Adv. Ms. Aakriti Vohra, Adv. Ms. Megha Dugar, Adv. Mr. Keshav Sehgal, Adv. For M/S. Karanjawala & Co. UPON hearing the counsel the Court made the following
1 Since the writ petition (Special Civil Application No 19537 of 2022) is pending before the Single Judge of the High Court, we request the Single Judge to take up the petition for expeditious disposal.
ITEM NO.4 COURT NO.1 SECTION III
- 2 Mr Siddhartha Dave, senior counsel appearing on behalf of the petitioner, stated before the Court that the petitioner would delete from the array of the parties of the Contempt Petition all the unnecessary parties, including Directors, foreign companies and law firms which have nothing to do with the dispute.
- 3 This exercise shall be carried out within a period of one week.
- 4 All the rights and contentions of the parties are kept open.
- 5 The Special Leave Petitions are disposed of.
- 6 Pending applications, if any, stand disposed of.
(SANJAY KUMAR-I) (SAROJ KUMARI GAUR) DEPUTY REGISTRAR ASSISTANT REGISTRAR
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Srei Multiple Asset Investment Trust vs Arcelormittal Nippon Steel India LtdSrei Multiple Asset Investment TrustArcelormittal Nippon Steel India LtdUnion Of IndiaIdbi Bank LtdHiranmoy BiswasAloke SenguptaRajeev K. SinhaJitendra JoshiYogesh WadikhayeMs. Visalaksh VasanthanBhushan Gaikawad Nominee / Representative Of Idbi Bank LtdMs. Anchal Mehra Nominee/ Representative Of Idbi Bank LtdRajnikanthMs. Neeta Sood Nominee/ Representative Of Idbi Bank LtdAllahabad Bank Acting Through Its SecretaryCanara Bank Acting Through Its SecretaryCentral Bank Of India Acting Through Its SecretaryCorporation Bank Acting Through Its SecretaryEdelweiss Asset Reconstruction Co. 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Raghavan Independent DirectorArvind Pande Independent Director (Upto 02-04- 2018)Parveen Kumar Malhotra (Director Upto 05-05-2018)Sunit V. 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Srei Multiple Asset Investment TrustArcelormittal Nippon Steel India LtdUnion Of IndiaIdbi Bank LtdHiranmoy BiswasAloke SenguptaRajeev K. SinhaJitendra JoshiYogesh WadikhayeMs. Visalaksh VasanthanBhushan Gaikawad Nominee / Representative Of Idbi Bank LtdMs. Anchal Mehra Nominee/ Representative Of Idbi Bank LtdRajnikanthMs. Neeta Sood Nominee/ Representative Of Idbi Bank LtdAllahabad Bank Acting Through Its SecretaryCanara Bank Acting Through Its SecretaryCentral Bank Of India Acting Through Its SecretaryCorporation Bank Acting Through Its SecretaryEdelweiss Asset Reconstruction Co. LtdHdfc Bank Acting Through Its SecretaryIcici Bank Acting Through Its SecretaryIndian Overseas Bank Acting Through Its SecretaryState Bank Of Hyderabad Acting Through Its SecretaryState Bank Of India Acting Through Its Secretary/ Director Project Finance SbuSyndicate Bank Acting Through Its SecretaryUco BankAxis Bank Acting Through Its SecretaryBank Of Baroda Acting Through Its SecretaryBank Of IndiaDeutsche Bank (Assignee From Bank Of Baroda And Idbi Bank) Acting Through Its SecretaryExport-Import Bank Of India Acting Through Its SecretaryPunjab National BankSc Lowy Primary Investments Ltd (Assigned From Hdfc Bank And Axis Bank)Standard Chartered Bank Acting Through Its SecretaryThe Bank Of New York Mellon Acting Through Its SecretaryUnion Bank Of India Acting Through Its Secretary / DirectorPrashant Ruia [Director Of EsilJatinder Mehra Director And CeoV. G. Raghavan Independent DirectorArvind Pande Independent Director (Upto 02-04- 2018)Parveen Kumar Malhotra (Director Upto 05-05-2018)Sunit V. Joshi (Nominee Director Of State Bank Of India)Mrs. Gayatri Sukumar (Director Upto 21-08-2017)Mahadev Iyer (Director Finance And Cfo)Rajiv Kumar Bhatnagar (Director Projects)Suresh Jain Cfo Of EsilArcelormittal India (P) LtdAm Mining (P) LtdArcelormittal SaNippon Steel And Sumitomo Metal Corporation (Japan)Nippon Steel India (P) LtdKalyan Ghosh Director Odisha Slurry Pipeline Infrastructure LtdSanjay Sharma Director Odisha Slurry Pipeline Infrastructure LtdHideki Ogawa Director Odisha Slurry Pipeline Infrastructure Ltd, And Director, Arcelormittal Nippon Steel India LtdHiroshi Ebina DirectorAditya Mittal Director Arcelormittal Nippon Steel India LtdDilip Oommen Director Arcelormittal Nippon Steel India LtdTakahiro Mori Director Of Arcelormittal Nippon Steel India LtdMs. Jacqueline Magda Hilde Van Grembergen Director Arcelormittal Nippon Steel India LtdPankaj Shivnarayan Chourasia Director Arcelormittal Nippon Steel India LtdPrabh Das Director Arcelorm~Ttal Nippon Steel India LtdYoichi Furuta Director Arcelormittal Nippon Steel India LtdIchiro Sato Director Arcelormittal Nippon Steel India LtdTakahiro Nagayoshi Director Arcelormittal Nippon Steel India LtdBradley Lloyd Davey Director Arcelormittal Nippon Steel India LtdJun Hashimoto Director Arcelormittal Nippon Steel India LtdAmit Harlalka Deputy Cfo And Member Of The Managing CommitteeLakshmi Ni Was Mittal Chairman And CeoBruno Lafont Lead Independent DirectorMs. Vanisha Mittal Bhatia DirectorTye Burt Independent DirectorJeannot Krecke Independent DirectorMs. Suzanne Nimocks Independent DirectorKarel De Gucht Independent Director, Arcelormittal SaMichael Wurth Independent Director, Arcelormittal SaMs. Karyn Ovelmen Independent Director, Arcelormittal SaMr Juan Ramon Dominguez SotomayorShoji Muneoka Representative Director And Chairman Nippon Steel And Sumitomo Metal Corporation (Japan)Kosei Shindo Representative Director And President Nippon Steel And Sumitomo Metal Corporation (Japan)Satish Kumar Gupta Resolution Professional Of Essar Steel India LtdAlvarez And Marsal India (P) Ltd Acting Through Its Managing Director (India), Mr. Manish SaigalPaul Gilbert Managing DirectorVikram Utamsingh Managing Director Of Alvarez And Marsal India (P) LtdNikhil Shah Managing Director Of Alvarez And Marsal India (P) LtdVivek Kamra Managing Director Of Alvarez And Marsal India (P) LtdMs. Nandini Chopra Managing Director Of Alvarez And Marsal India (P) LtdDhruv Phophalia Managing Director Of Alvarez And Marsal India (P) LtdBhavit Hathi Managing Director Of Alvarez And Marsal India (P) LtdAmith Karan Managing Director Of Alvarez And Marsal India (P) LtdNitin Jain Then-Managing Director Of Alvarez And Marsal India (P) LtdHarkamal Ghuman Senior Director Of Alvarez And Marsal India (P) LtdKalpesh Mehta Senior Director Of Alvarez And Marsal India (P) LtdBibhash Dhar Then Senior Director Of Alvarez And Marsal India (P) LtdRaghavan Aravamudhan Then, Senior Director Of Alvarez And Marsal India (P) LtdPranav Sheth Director Of Alvarez And Marsal India (P) LtdAshish ChhawchhariaGrant Thornton Uk Llp Acting Through Its Director, Mr. Rob TurnerRob CavenGt Restructuring Services LlpGrant Thornton Bharat LlpSumeet AbrolAditya Khanna Grant Thornton IndiaSanjay Mishra Grant Thornton IndiaAkshay Sahrawat Grant Thornton IndiaShardul Amarchand MangaldasCyril Amarchand MangaldasM. M. Chaturvedi And Co Chartered AccountantsAdvocate Pallavi LangarAdvocate Karanjawala & Co.