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Company Appeal (AT) (Ins) Nos. 242,243,257,265,266,279,290,291,292,293, 300,302-303,304-305,332-333,337,338,345,349,361,374,375,376,428,429,449,454of 2019

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NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI

Company Appeal (AT) (Ins.) No. 242 of 2019

IN THE MATTER OF:

Standard Chartered Bank ….Appellant

Vs.

Satish Kumar Gupta, R.P. of Essar Steel Ltd. & Ors. ….Respondents

Present:

For Appellant: Mr. Kapil Sibal, Sr. Advocate with Mr. Sandeep

Singhi, Mr. Gaurav Mathur, Ms. Anushree Kapadia, Mr. Abhishek Shah, Mr. Adit Pujari and Mr. Ankur Mittal, Advocates.

For Respondents: Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak Dhillon and Ms. Ananya Dhar, Advocates for RP.

Mr. Sudipto Sarkar, Sr. Advocate with Ms. Priyambada Mishra, Advocate for Inox Air Prod.

Mr. Parag Tripathi, Sr. Advocate with Mr. Ashish

Mukhi, Mr. Dhruv Malik, Ms. Madhurima Sarangi, Mr. Kamlendra Singh and Mr. Ashish Mukhi Advocates.

Mr. Neeraj Kishan Kaul, Sr. Advocate with Mr. Rajiv Nayar, Ms. Ruby Singh Ahuja, Mr. Sudhir Sharma,

Mr. Vishal Gehrana, Mr. Abhishek Swaroop, Mr. Anupm Prakash, Mr. Akhil Anand, Mr. Utkarsh

Maria, Ms. Misha Chandna, Mr. Naman Bagga, Mr. Devanshu Sajlan, Mr. Amit Bhandari and Mr. Avishkar Singhvi and Ms. Manjira Dasgupta,

Advocates for Arcelormittal India Pvt. Ltd.

Mr. Ankur Mittal, Advocate for SBI Cap. Market Ms. Anannya Ghosh, Advocate for R-2 & R-5.

Ms. Bindu K. Nair, Advocate for IBBI

With


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IN THE MATTER OF:

Standard Chartered Bank ….Appellant

Vs.

Satish Kumar Gupta, R.P. of Essar Steel Ltd. & Ors. ….Respondents

Present: For Appellant: Mr. Kapil Sibal and Mr. Rashesh Sanjanwala,

Sr. Advocates with Mr. Sandeep Singhi, Mr. Gaurav Mathur, Ms. Anushree Kapadia, Mr. Adit Pujari,

Mr. Abhishek Shah and Mr. Ankur Mittal, Advocates.

For Respondents: Mr. Sudipto Sarkar, Sr. Advocate with

Ms. Priyambada Mishra, Advocate for Inox Air Prod.

Ms. Anannya Ghosh, Advocate for R-2 & R-5.

Mr. Ankur Mittal, Advocate for SBI Cap. Market

Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak Dhillon and Ms. Ananya Dhar, Advocates

for RP. Mr. Neeraj Kishan Kaul, Sr. Advocate with Mr. Rajiv

Nayar, Ms. Ruby Singh Ahuja, Mr. Sudhir Sharma, Mr. Vishal Gehrana, Mr. Abhishek Swaroop, Mr.

Anupm Prakash, Mr. Akhil Anand, Mr. Utkarsh Maria, Ms. Misha Chandna, Mr. Naman Bagga, Mr. Devanshu Sajlan, Mr. Amit Bhandari and Mr.

Avishkar Singhvi and Ms. Manjira Dasgupta, Advocates for Arcelormittal India Pvt. Ltd.

With


IN THE MATTER OF:

Prashant Ruia ….Appellant

Vs.

State Bank of India & Ors. ….Respondents

Present:

For Appellant: Mr. Nakul Mohta, Mr. Lalit Mohan and Mr. Johnson Subba, Advocates


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For Respondents: Mr. Arun Kathpalia, Sr. Advocate with Mr. Manu Nair, Ms. Misha, Ms. Mrida Lakhmani, Mr. Siddhant Kant and Ms. Jasveen Kaur, Advocates for CoC.

Mr. Ramji Srinivasan, Sr. Advocate with Mr.

Raunak Dhillon and Ms. Ananya Dhar, Advocates for RP.

Mr. Nakul Mohta, Shubham Kulshreshtha and Mr.

Rajeev Kumar, Advocates


Mr. Vishal Gehrana, Mr. Abhishek Swaroop, Mr. Anupm Prakash, Mr. Akhil Anand, Mr. Utkarsh Maria, Ms. Misha Chandna, Mr. Naman Bagga, Mr.

Devanshu Sajlan, Mr. Amit Bhandari and Mr. Avishkar Singhvi and Ms. Manjira Dasgupta,


With


IN THE MATTER OF:

Committee of Creditors of Essar Steel India through SBI ….Appellant

Vs.

Satish Kumar Gupta & Ors. ….Respondents Present:

For Appellant: Mr. Arun Kathpalia, Sr. Advocate with Mr. Manu

Nair, Ms. Misha, Ms. Mrida Lakhmani, Mr. Siddhant Kant and Ms. Jasveen Kaur, Advocates for CoC.


Mr. Raheel and Mr. Rajeev Kumar, Advocates Mr. Nakul Mohta, Shubham Kulshreshtha, Advocates

Mr. Neeraj Kishan Kaul, Sr. Advocate with Mr. Rajiv



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With


IN THE MATTER OF:

State Bank of India & Ors. ….Appellants

Vs.

Standard Chartered Bank & Ors. ….Respondents

Present:

For Appellants: Ms. Anannya Ghosh, Advocatefor A-1& A-2.

Ms. Prachi Johri, Shubham Kulshreshtha, Advocates

For Respondents: Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak

Dhillon and Ms. Ananya Dhar, Advocates for RP.





With


IN THE MATTER OF:

Vinayak Road Carriers ….Appellant

Vs.


Present:

For Appellant: Mr. Sanjiv Sen, Sr. Advocate with Mr. Shwetank

Singh and Mr. Anand Varma, Advocates


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Mr. Sumesh Dhawan, Shubham Kulshreshtha, Advocates



Devanshu Sajlan, Mr. Amit Bhandari and Mr. Avishkar Singhvi and Ms. Manjira Dasgupta, Advocates for Arcelormittal India Pvt. Ltd.

With


IN THE MATTER OF:

Essar Bulk Terminal Ltd. ….Appellant

Vs.


Present: For Appellant: Mr. K. Datta and Ms. Prachi Johri, Advocates



Nayar, Ms. Ruby Singh Ahuja, Mr. Sudhir Sharma, Mr. Vishal Gehrana, Mr. Abhishek Swaroop, Mr. Anupm Prakash, Mr. Akhil Anand, Mr. Utkarsh



With


IN THE MATTER OF:

Arkay Logistics Ltd. ….Appellant


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Vs.


Present:

For Appellant: Mr. Sumesh Dhawan, Advocate Ms. Maithili and Mr. Rajeev Kumar, Advocates


Ms. Prachi Johri, Shubham Kulshreshtha, Advocates





With


IN THE MATTER OF:

Essar Bulk Terminal Ltd. ….Appellant

Vs.


Present:

For Appellant: Mr. K. Datta, Ms. Prachi Johri and Mr. Rajeev Kumar, Advocates







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With


IN THE MATTER OF:

Arkay Logistics Ltd. ….Appellant

Vs.


Present:

For Appellant: Mr. Sumesh Dhawan, Ms. Maithili and Mr. Rajeev

Kumar, Advocates


Dhillon and Ms. Ananya Dhar, Advocates for RP. Mr. Neeraj Kishan Kaul, Sr. Advocate with Mr. Rajiv




With


IN THE MATTER OF:

Arfin India Ltd. ….Appellant

Vs.


Present:


Singh, Mr. Anand Varma, Advocates






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With

Company Appeal (AT) (Ins.) Nos. 302-303 of 2019

IN THE MATTER OF:

Ideal Movers Pvt. Ltd. ….Appellant

Vs.


Present:

For Appellant: Mr. Sanjiv Sen, Sr. Advocate with Mr. Shwetank Singh, Mr. Anand Varma, Advocates


Mr. Neeraj Kishan Kaul, Sr. Advocate with Mr. Rajiv Nayar, Ms. Ruby Singh Ahuja, Mr. Sudhir Sharma, Mr. Vishal Gehrana, Mr. Abhishek Swaroop, Mr.

Anupm Prakash, Mr. Akhil Anand, Mr. Utkarsh Maria, Ms. Misha Chandna, Mr. Naman Bagga, Mr.


With


IN THE MATTER OF:

Shubham Cargo Movers ….Appellant

Vs.


Present:

For Appellant: Mr. Sanjiv Sen, Sr. Advocate with Mr. Shwetank Singh, Mr. Anand Varma, Advocates



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With


IN THE MATTER OF:

Sarkar Industries Pvt. Ltd. ….Appellant

Vs.


Present:







With

Company Appeal (AT) (Ins.) Nos. 337 of 2019

IN THE MATTER OF:

Mahendra Aluminium Company Ltd. ….Appellant

Vs.



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Present: For Appellant: Mr. Sanjiv Sen, Sr. Advocate with Mr. Shwetank






With


IN THE MATTER OF:

Global Transnational Trading FZE ….Appellant

Vs.

Satish Kumar Gupta (RP) of Essar Steel India Ltd. & Ors.

….Respondents

Present: For Appellant:





With


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IN THE MATTER OF:

Gujarat Energy Transmission Corporation Ltd. ….Appellant

Vs.


Present: For Appellant: Mr. Ramachandran and Mr. Shubham Arya,

Advocates






With


IN THE MATTER OF:

Dakshin Gujarat Vij Co. Ltd. ….Appellant

Vs.

Satish Kumar Gupta

Resolution Professional, Essar Steels Ltd. & Ors.

….Respondents

Present:

For Appellant: Mr. Pradeep Misra, Advocate





Maria, Ms. Misha Chandna, Mr. Naman Bagga, Mr. Devanshu Sajlan, Mr. Amit Bhandari and Mr.


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With

Company Appeal (AT) (Ins) No. 361 of 2019

IN THE MATTER OF:

State Tax Office (3) ….Appellant

Vs.

Essar Steel India Ltd. & Anr. ….Respondents

Present: For Appellant: Mr. Prakash Jani, Additional Advocate General with

Mr. Vedant Bhardwaj, Mrs. Maithili Mishra and Mrs. Hemantika Wahi, Advocates.







With


IN THE MATTER OF:

Indian Oil Corporation Ltd. ….Appellant

Vs. Satish Kumar Gupta & Ors. ….Respondents

Present:

For Appellant: Mr. K. Dutta and Ms. Prachi Johri, Advocates



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With


IN THE MATTER OF:

Karur Vysya Bank Ltd. ….Appellant Vs.

Satish Kumar Gupta & Anr. ….Respondents

Present:

For Appellant: Mr. R.S. Suri, Sr. Advocate with Mr. Anjan Chakraborty, Mr. Akshay Kapoor, Advocates

For Respondents: Mr. Arun Kathpalia, Sr. Advocate with Mr. Manu Nair, Ms. Misha, Ms. Mrida Lakhmani, Mr. Siddhant

Kant and Ms. Jasveen Kaur, Advocates for CoC

Mr. Ramji Srinivasan, Sr. Advocate with Mr.

Raunak Dhillon and Ms. Ananya Dhar, Advocates for RP.


Nayar, Ms. Ruby Singh Ahuja, Mr. Sudhir Sharma, Mr. Vishal Gehrana, Mr. Abhishek Swaroop, Mr. Anupm Prakash, Mr. Akhil Anand, Mr. Utkarsh

Maria, Ms. Misha Chandna, Mr. Naman Bagga, Mr. Devanshu Sajlan, Mr. Amit Bhandari and Mr.


With


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IN THE MATTER OF:

Bharat Petroleum Corporation Ltd. ….Appellant

Vs.

Satish Kumar Gupta&Ors. ….Respondents

Present: For Appellant: Mr. K. Dutta, Ms. Prachi Johri, Advocates







With


IN THE MATTER OF:

Hill View Hire Purchase Pvt. Ltd. ….Appellant

Vs.

Satish Kumar Gupta,

RP for Essar Steel India Ltd. (ESIL)

….Respondent

Present:

For Appellant: Mr. Amit Sibal, Sr. Advocate with Mr. Anand Verma,

Mr. Aishwary Vikram, Mr. Amrit G. and

Mr. Shwetank Singh, Advocates For Respondent: Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak





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With


IN THE MATTER OF:

D.R. Patnaik ….Appellant

Vs.

Satish Kumar Gupta RP for ESIL ….Respondent

Present:

For Appellant: Mr. Amit Sibal, Sr. Advocate with Mr. Anand Verma, Mr. Aishwary Vikram, Mr. Amrit G. and

Mr. Shwetank Singh, Advocates For Respondent: Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak

Dhillon and Ms. Ananya Dhar, Advocates for RP. Mr. Neeraj Kishan Kaul, Sr. Advocate with Mr. Rajiv




With


IN THE MATTER OF:

MSTC Ltd. ….Appellant

Vs.

Essar Steel India Ltd. & Ors. ….Respondent

Present:

For Appellant: Mr. Abhijeet Sinha, Ms. Pallavi Pratap and Mr.

Barnik, Advocates.


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For Respondent: Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak Dhillon and Ms. Ananya Dhar, Advocates for RP.




With


IN THE MATTER OF:

Oil and Natural Gas Corporation Ltd. ….Appellant

Vs.

Satish Kumar Gupta & Ors. ….Respondent

Present:

For Appellant: Mr. Gaurav Juneja, Mr. Aditya Ganju and Ms. Pritika Malhotra, Advocates.

For Respondent: Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak


Mr. Abhijeet Sinha, Mr. Kumarjit Banerji, Ms. Sanchari Chakroborty and Mr. Saikat Sarkar,

Advocates

Ms. Prachi Johri, Shubham Kulshreshtha, Mr. Rajeev Kumar and Mr. Raheel Palail, Advocates





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O R D E R

13.05.2019: Heard Mr. Kapil Sibal, Learned Senior Counsel. Hearing

remained inconclusive.

Post these appeals for ‘further hearing’ on 14th May, 2019 at 2.00

P.M. on the top of the list and if necessary, the matter will be taken up on

day to day basis.

[Justice S.J. Mukhopadhaya] Chairperson

[Justice Bansi Lal Bhat]

Member (Judicial)

sa/sk

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