ISPAT FINANCE LTD. vs VIKRAM C. SHAH . — C.A. No. 6311/2000

Case under Section III. Status: Disposed.

Disposed

CNR: SCIN010139181999

Filing Date

04-Sep-1999

Registration No

C.A. No. 6311/2000

Diary Number

13918/1999

Order Date

07-Nov-2000

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 06-Jun-2026

Acts & Sections

Section III

Petitioner(s)

  1. 1.ISPAT FINANCE LTD.

    Adv. PRASHANT KUMAR

Respondent(s)

  1. 1.VIKRAM C. SHAH .

Case History

  1. Case disposedDisposed

  2. 07-Nov-2000

    ROP - of Main CaseView PDF

  3. 04-Sep-1999

    Case filed

    Registration No. C.A. No. 6311/2000

View Full Judgment
casestatus.in Summary

Case Summary: Ispat Finance Ltd. v. Vikram C. Shah On November 7, 2000, the Supreme Court granted leave to appeal and modified the High Court's order. The Court held that proceedings against guarantors are governed by the Sick Industrial Companies (Special Provisions) Act, 1985, and directed that Ispat Finance could move the BIFR for appropriate orders. If the BIFR grants permission, Ispat Finance may proceed with the Summary Suit despite the High Court's order. The appeal was disposed of with no order as to costs. This case analysis is maintained by casestatus.in based on publicly available court records.

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