IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO. 878 OF 2019
M/S PIRAMAL ENTERPRISES LIMITED APPELLANT(S)
VERSUS
VISHNU KUMAR AGARWAL RESPONDENT(S)
W I T H
CIVIL APPEAL NO. 1678 OF 2019
CONTEMPT PETITION (CIVIL) NO. 885 OF 2023 IN
CIVIL APPEAL NO. 1678 OF 2019
O R D E R
1. Heard Mr. Vaijayant Paliwal, learned counsel (appearing for
the appellant in Civil Appeal No. 878 of 2019 and also for the
respondent(s) in Civil Appeal No. 1678 of 2019 and Contempt
Petition (Civil) No. 885 of 2023 in Civil Appeal No. 1678 of 2019).
Also heard Mr. K. Parameshwar, learned senior counsel for the
contesting party.
2. The parties have filed the IA Nos. 184101 of 2024, 184330 of
2024 and 183864 of 2024 respectively in the three matters with
prayers for disposing of the appeals and the contempt petition, in
terms of the settlement reached between the parties. The
additional documents dated 05.08.2024 is referred to by the learned
counsel to point out that certain payments made by the respondent
(Vishnu Kumar Agarwal) in favour of the financial creditor – M/s.
Piramal Enterprises Limited is captured in the said document. In
pursuant thereto, the Memorandum of Agreement is signed on
13.08.2024.
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3. The counsel however points out that M/s. Assets Care &
Reconstruction Enterprise Limited (“M/s. Acre”) has stepped into
the shoes of the financial creditor and that is how their names are
refl...