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Supreme Court - Daily Orders

Promila Taneja vs Surendri Design Pvt. Ltd. on 28 January, 2021

Bench: D.Y. Chandrachud, Indira Banerjee, Sanjiv Khanna

                                                              1

     ITEM NO.9                        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(s).4237/2020

     PROMILA TANEJA                                                                 Appellant(s)

                                                            VERSUS

     SURENDRI DESIGN PVT. LTD.                                                      Respondent(s)

     (WITH I.R. )

     Date : 28-01-2021 This appeal was called on for hearing today.

     CORAM :
                                HON'BLE DR. JUSTICE D.Y. CHANDRACHUD
                                HON'BLE MS. JUSTICE INDIRA BANERJEE
                                HON'BLE MR. JUSTICE SANJIV KHANNA

     For Appellant(s)                        Ms.   Anjoo Jain, Adv.
                                             Mr.   Hitesh Sachaar, Adv.
                                             Ms.   Prachie Jain, Adv.
                                             Mr.   Anuj Bhandari, AOR

     For Respondent(s)



                               UPON hearing the counsel the Court made the following
                                                      O R D E R

1 Ms Anjoo Jain, learned counsel appearing on behalf of the appellant, submits that there are two conflicting decisions of the National Company Law Appellate Tribunal on the issue as to whether the non-payment of rent would qualify as an operational debt within the meaning of Section 5(21) of the Insolvency and Bankruptcy Code 2016:

Signature Not Verified

(i) M Ravindranath Reddy v Mr G Kishan & Ors, Company Appeal (AT) Digitally signed by Sanjay Kumar Date: 2021.01.28 17:48:00 IST Reason: (Insolvency) No 331 of 2019 decided on 17 January 2020; and 2
(ii) Anup Sushil Dubey v National Agriculture Co-operative Marketing Federation of India Limited & Ors, Company Appeal (AT)(Insolvency) No 229 of 2020 decided on 7 October 2020.

2 In the present case, it has been submitted that the demand was both in respect of the arrears of rent as well as on account of damages for breach of the lock-in period.

3 Issue notice, returnable after twelve weeks.

4 Dasti, in addition, is permitted.

5 Counter affidavit shall be filed within four weeks from the date of service. 6 Rejoinder, if any, be filed within four weeks thereafter.

           (SANJAY KUMAR-I)                              (SAROJ KUMARI GAUR)
              AR-CUM-PS                                     COURT MASTER