INDUSTRIAL FINACE CORP. OF INDIA LTD. vs BIHAR SPONGE IRON KARMACHARI SANGH — C.A. No. 1142/2001

Case under Section XVI. Status: Disposed.

Disposed

CNR: SCIN010205732000

Filing Date

06-Dec-2000

Registration No

C.A. No. 1142/2001

Diary Number

20573/2000

Order Date

09-Feb-2001

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 12-Jun-2026

Acts & Sections

Section XVI

Petitioner(s)

  1. 1.INDUSTRIAL FINACE CORP. OF INDIA LTD.

    Adv. LAKSHMI RAMAN SINGH

Respondent(s)

  1. 1.BIHAR SPONGE IRON KARMACHARI SANGH

    Adv. ARUN K. SINHA

Case History

  1. Case disposedDisposed

  2. 09-Feb-2001

    ROP - of Main CaseView PDF

  3. 06-Dec-2000

    Case filed

    Registration No. C.A. No. 1142/2001

View Full Judgment
casestatus.in Summary

Summary: The Supreme Court granted special leave to appeal and disposed of the civil appeals arising from the High Court's decision on February 9, 2001. The Court directed the Board for Industrial and Financial Reconstruction (BIFR) to reconsider a draft rehabilitation scheme for the company, addressing the Bihar Sponge Iron Karmachari Sangh's grievance that it had not been heard. The BIFR was instructed to consider the draft scheme with or without modifications after hearing all parties, or to call for a fresh scheme if deemed fit, and to proceed expeditiously. This case analysis is maintained by casestatus.in based on publicly available court records.

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