Case Details

  • Case Name: Industrial Asset Transaction Services Pvt Ltd vs Satish Kumar Gupta & Ors.
  • Court: Supreme Court of India, Civil Original Jurisdiction
  • Case No.: Civil Appeal No. 8087/2026
  • Order Date: 27 May 2026
  • Relevant Prior Order: NCLAT New Delhi order (no error cited)

Parties Involved

  • Appellant: Industrial Asset Transaction Services Pvt Ltd
  • Respondents: Satish Kumar Gupta and others
  • Judges: Justice Pamidighantam Sri Narasimha, Justice Alok Aradhe
  • Counsel for Appellant: S. Niranjan Reddy (Sr. Adv.), Nikhil Goel (Sr. Adv.), Vinod R. Kothari (Adv.), P. S. Sudheer (AOR), Rishi Maheshwari (Adv.), Anne Mathew (Adv.), Meet Sawant (Adv.), Pratik Tomti (Adv.), Bharat Sood (Adv.), Jashan Vir Singh (Adv.)
  • Counsel for Respondents: Ritin Rai (Sr. Adv.), Petrushka Dasgupta (Adv.), Mridul Yadav (Adv.), Krishna Baruah (Adv.), Kewal Buddhdev (Adv.), Pallavi Pratap (AOR), Sunil Fernandes (Sr. Adv.), Dr. Dhirajkumar Totala (Adv.), Raghav Chadha (Adv.), Nishant Upadhyay (Adv.), Vasudha Jain (Adv.), Kailash Ram (Adv.), Mehak Nayak (Adv.), Anjali Singariya (Adv.), Sonali Jain (AOR)

Issues / Allegations / Violations

  • Appellant challenged the NCLAT order alleging error in law or fact.
  • Sought relief under Article 136 of the Constitution of India.

Findings & Observations

  • The Supreme Court held that the NCLAT New Delhi had not committed any error in law or fact.
  • No basis was found to interfere with the impugned order.

Penalties / Settlements / Directions

  • No monetary penalties or settlements were imposed.

Corrective Actions & Future Obligations

  • No specific corrective actions were directed; the order stands as is.

Final Ruling & Enforcement

  • The Civil Appeal No. 8087/2026 is dismissed.
  • Any pending interlocutory applications, if any, are ordered disposed of.
  • The order was signed by Justices Pamidighantam Sri Narasimha and Alok Aradhe.