IN THE SUPREME COURT OF INDIA CIVIL ORIGINAL JURISDICTION
WRIT PETITION (CIVIL) NO.1438 OF 2020
M/s JSW ISPAT SPECIAL PRODUCTS LIMITED & ANR. PETITIONER(S)
VERSUS
UNION OF INDIA & ANR. RESPONDENT(S)
O R D E R
1. Application seeking permission to substitute the name of the
petitioner no.1 from ‘M/s JSW ISPAT SPECIAL PRODUCTS LIMITED’ to
‘JSW STEEL LIMITED’ is allowed. Cause title be amended
accordingly.
2. The petitioners are successful resolution applicants under the
provisions of the Insolvency and Bankruptcy Code, 2016 having taken
over the corporate debtor namely the Monnet Ispat & Energy Limited.
3. They have invoked the jurisdiction of this Court under Article
32 of the Constitution of India seeking a writ of certiorari for
the purpose of getting the demand notice dated 18.11.2020 issued by
the respondent no.2 herein quashed.
4. We take notice of the fact that the demand notice dated
18.11.2020 referred to above was issue to the corporate debtor
1
namely Monnet Ispat & Energy Limited. The same reads thus:-
“DIRECTORATE OF ENFORCEMENT
PREVENTION OF MONEY LAUNDERING ACT & FOREIGN EXCHANGE MANAGEMENT ACT
MINISTRY OF FINANCE - DEPT OF REVENUE GOVERNMENT OF INDIA
Kaiser Hind, 4th Floor, Currimbhoy Road, Ballard Estate, Mumbai-400001
Tel: 022~22719935
F.No.PEN/T-5/01/DD/UKC/FEMA/2019/13287 Date: 18.11.2020
DEMAND NOTICE To M/s. Monnet Ispat & En...