M/S Saraswati Wire And Cable Industries vs Mohammad Moinuddin Khan
Practice Areas
Judges (2)
Case Significance
M/S Saraswati Wire And Cable Industries vs Mohammad Moinuddin Khan is a Supreme Court of India decision dated December 10, 2025 (citation: insc-2025-1410). Civil appeal challenging NCLAT's reversal of NCLT's order admitting an insolvency application under Section 9 of the IBC by an operational creditor. The Supreme Court allowed the appeal and restored the NCLT's admission order, finding the NCLAT erred in finding a pre-existing dispute when the corporate debtor's own ledger confirmed the outstanding operational debt. The bench comprised Justices Alok Aradhe and Sanjay Kumar. The judgment was delivered by Justice Sanjay Kumar.
This case has been cited by 1 subsequent judgment. The judgment references 8 case citations.
Summary
Civil appeal challenging NCLAT's reversal of NCLT's order admitting an insolvency application under Section 9 of the IBC by an operational creditor. The Supreme Court allowed the appeal and restored the NCLT's admission order, finding the NCLAT erred in finding a pre-existing dispute when the corporate debtor's own ledger confirmed the outstanding operational debt.
What was the outcome of M/S Saraswati Wire And Cable Industries vs Mohammad Moinuddin Khan?
Civil appeal challenging NCLAT's reversal of NCLT's order admitting an insolvency application under Section 9 of the IBC by an operational creditor. The Supreme Court allowed the appeal and restored t...
Statutes Cited
Cases Cited (8)
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2025-1410)