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Supreme Court - Daily Orders

Gaurang Nipinbhai Nagarsheth vs Posco India Pune Processing Center Pvt. ... on 12 October, 2020

Bench: D.Y. Chandrachud, Indu Malhotra, Indira Banerjee

                                             IN THE SUPREME COURT OF INDIA
                                               CIVIL APPELLATE JURISDICTION

                                                Civil Appeal No 3189 of 2020


                      Gaurang Nipinbhai Nagarsheth,                                     Appellant(s)
                      Ex-Director/Shareholder of Poggenamp
                      Nagarsheth Powertronics Pvt Ltd



                                                        Versus


                      POSCO-India Pune Processing Center                                Respondent(s)
                      Pvt Ltd and Another




                                                        ORDER

1 We find no reason to interfere with the impugned order dated 20 August 2020 passed by the National Company Law Appellate Tribunal in Company Appeal (AT) (Insolvency) No 214 of 2020.

2 The Civil Appeal is accordingly dismissed.

3 Pending applications, if any, stand disposed of.

….....…...….......………………........J. [Dr Dhananjaya Y Chandrachud] ..…....…........……………….…........J. [Indu Malhotra] Signature Not Verified Digitally signed by ..…....…........……………….…........J. [Indira Banerjee] ARJUN BISHT Date: 2020.10.14 16:07:44 IST Reason: New Delhi;

                          October 12, 2020
                          CKB
ITEM NO.7                Court 6 (Video Conferencing)                   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.3189/2020


GAURANG NIPINBHAI NAGARSHETH,                                           Appellant(s)

EX-DIRECTOR/SHAREHOLDER OF POGGENAMP NAGARSHETH POWERTRONICS PVT LTD VERSUS POSCO-INDIA PUNE PROCESSING CENTER Respondent(s) PVT. LTD. & ANR.

(With appln.(s) for IA No.92798/2020-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.92796/2020-STAY APPLICATION and IA No.92795/2020-PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ ANNEXURES) Date : 12-10-2020 These matters were called on for hearing today.

CORAM :

HON'BLE DR. JUSTICE D.Y. CHANDRACHUD HON'BLE MS. JUSTICE INDU MALHOTRA HON'BLE MS. JUSTICE INDIRA BANERJEE For Appellant(s) Mr. B. Badrinath, Adv.
Mr. Hiren R. Sharma, Adv.
Ms. Daisy Hannah, AOR For Respondent(s) UPON hearing the counsel the Court made the following O R D E R 1 The Civil Appeal is dismissed in terms of the signed order.
2 Pending applications, if any, stand disposed of.

(CHETAN KUMAR) (SAROJ KUMARI GAUR) AR-cum-PS BRANCH OFFICER (Signed order is placed on the file)