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Sequel Alloys and Wires Private Limited v. Vedanta Limited

Leave granted.

(Rohinton Fali Nariman and Navin Sinha, JJ.)

Sequel Alloys and Wires Private Limited _________________ Appellant;

v.

Vedanta Limited _________________________________ Respondent.

Civil Appeal No. 839 of 2018 [Arising out of S.L.P. (C) No. 718 of 2018], decided on January 24, 2018

The Order of the court was delivered by

Order

1. Leave granted.

2. Heard learned Counsel appearing for the appellant.

3. The present is a case of an operational debt in which the National Company Law Tribunal, New Delhi has admitted the petition of the operational creditor by the impugned order dated 15.11.2017. Since then, the parties have settled the matter in e-mails exchanged between them on 20.12.2017.

4. A copy of the e-mails exchanged between the parties is made part of the record of this Court and by using our powers under Article 142 of the Constitution of India set aside the impugned order passed by the National Company Law Tribunal.

5. Accordingly, the appeal is disposed of.

6. Pending applications filed in the matter also stand disposed of.

S.L.P. (Civil) No(s). 718/2018

M/s. Sequel Alloys and Wires Private Limited ____________ Appellant

v.

M/s. Vedanta Limited ____________________________ Respondent

(IA No. 6083/2018-APPLICATION FOR SUBSTITUTION and FOR ADMISSION and I.R. and IA No. 4450/2018-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No. 11648/2018-PERMISSION TO PLACE ON RECORD SUBSEQUENT FACTS)

Date : 24-01-2018 This matter was called on for hearing today.

(Before Rohinton Fali Nariman and Navin Sinha, JJ.)

For Appellant(s) Mr. Deepak Biswas, Adv.

Ms. Shilpa Gamnani, Adv.

Ms. Sonam Gupta, AOR

For Respondent(s)

UPON hearing the counsel the Court made the following

ORDER

7. Leave granted.

8. The appeal is disposed of in terms of the signed order.

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