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M/S AGARWAL FOUNDRIES PRIVATE LIMITED v. POSCO E AND C INDIA PRIVATE LIMITED

Supreme Court of India | Diary 50231/2024

Status

Order

Decided On

2024-12-06

Bench

HON'BLE MR. JUSTICE AUGUSTINE GEORGE MASIH, HON'BLE MR. JUSTICE ABHAY S. OKA

Petitioner

M/S AGARWAL FOUNDRIES PRIVATE LIMITED

Respondent

POSCO E AND C INDIA PRIVATE LIMITED

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Full Judgment Text

1

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION

CIVIL APPEAL NO.13065/2024

M/S AGARWAL FOUNDRIES PRIVATE LIMITED APPELLANT(S)

VERSUS

POSCO E AND C INDIA PRIVATE LIMITED RESPONDENT(S)

O R D E R

Heard learned senior counsel appearing for the

appellant.

We have perused the impugned judgments of the National

Company Law Appellate Tribunal (NCLAT) as well as the

Adjudicating Authority. We concur with the view taken in

both the orders. Hence, there is no reason to entertain

the appeal.

Needless to add that if the appellant adopts remedies

for recovery, the same shall be decided on its own merits

without being influenced by the observations made in the

impugned orders.

Subject to what is observed above, the appeal is

dismissed.

Pending application(s), if any, shall stand disposed

of.

..........................J. (ABHAY S.OKA)

..........................J. (AUGUSTINE GEORGE MASIH)

NEW DELHI; DECEMBER 6, 2024.

2

ITEM NO.25 COURT NO.5 SECTION XVII

S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS

Civil Appeal No(s). 13065/2024

M/S AGARWAL FOUNDRIES PRIVATE LIMITED Appellant(s)

VERSUS

POSCO E AND C INDIA PRIVATE LIMITED Respondent(s)

(IA No.272524/2024-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMEN...

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