Date of the Judgment: May 04, 2022
Citation: (2022) INSC 429
Judges: Uday Umesh Lalit, J. and Ajay Rastogi, J.
Can a review petition be entertained if it does not present any new grounds for reconsideration? The Supreme Court of India addressed this question in a recent judgment, dismissing a review petition filed in an insolvency case. The Court found no merit in the review petition, upholding its earlier decision. The judgment was delivered by a bench comprising Justices Uday Umesh Lalit and Ajay Rastogi.

Case Background

The case involves a statutory appeal that was initially dismissed by the Supreme Court. The appeal was filed under Section 62 of the Insolvency and Bankruptcy Code, 2016. The Supreme Court had previously reviewed the facts and circumstances, particularly paragraphs 9, 10, and 17 of the original judgment, and found no reason to interfere. Subsequently, a review petition was filed by a Power of Attorney holder of the original appellant, seeking a reconsideration of the Court’s decision. The Court, however, found no grounds to entertain the review petition.

Timeline

Date Event
[Date not specified in the document] Statutory appeal filed under Section 62 of the Insolvency and Bankruptcy Code, 2016.
[Date not specified in the document] Supreme Court dismissed the statutory appeal.
[Date not specified in the document] Review Petition filed by Power of Attorney holder of the original appellant.
May 04, 2022 Supreme Court dismissed the Review Petition.

Course of Proceedings

The Supreme Court had previously dismissed the statutory appeal filed under Section 62 of the Insolvency and Bankruptcy Code, 2016, after reviewing the facts and circumstances. The present review petition was filed seeking a reconsideration of the order. The Court found no new grounds to entertain the review petition.

Legal Framework

The judgment refers to Section 62 of the Insolvency and Bankruptcy Code, 2016. This section deals with appeals to the Supreme Court. The Court considered whether the facts and circumstances of the case warranted any interference under this provision.

“The statutory appeal preferred under Section 62 of the Insolvency and Bankruptcy Code, 2016 was dismissed by this Court after being satisfied that the facts and circumstances on record, especially paragraphs 9, 10 and 17 of the judgment under appeal, did not call for any interference.”

Arguments

The review petitioner, a Power of Attorney holder of the original appellant, argued for a review of the Supreme Court’s earlier decision. However, the Supreme Court found that the review petition did not present any new grounds or reasons that would justify a review of its previous order. The Court noted that the review petition did not make out any case for the exercise of its review jurisdiction.

Main Submission Sub-Submissions
Review Petition
  • Review of the Supreme Court’s earlier decision.
  • No new grounds or reasons were presented.
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Issues Framed by the Supreme Court

The Supreme Court did not frame any specific issues for determination in the review petition. The primary issue was whether the review petition presented any new grounds for reconsideration of the Court’s earlier decision.

Treatment of the Issue by the Court

Issue Court’s Decision
Whether the review petition presented any new grounds for reconsideration of the Court’s earlier decision. The Court found that the review petition did not present any new grounds or reasons that would justify a review of its previous order.

Authorities

No specific authorities were cited in the judgment.

Authority Court How the Authority was Considered
None N/A N/A

Judgment

Submission by Parties How the Court Treated the Submission
Review Petition by Power of Attorney holder of the original appellant Dismissed; The Court found no new grounds or reasons to justify a review of its previous order.

“We have gone through the contents of the Review Petition, which do not make out any case for exercise of our jurisdiction in review. This Review Petition is, therefore, dismissed.”

Authority How it was viewed by the Court
None N/A

What weighed in the mind of the Court?

The Supreme Court’s decision was primarily influenced by the absence of any new grounds or reasons in the review petition that would warrant a reconsideration of its earlier decision. The Court emphasized that the review petition did not present any case for the exercise of its review jurisdiction. The Court’s focus was on the procedural correctness and the lack of any substantial grounds for review.

Sentiment Percentage
Procedural Correctness 60%
Lack of New Grounds 40%
Category Percentage
Fact 20%
Law 80%
Review Petition Filed
Court Examines Review Petition
No New Grounds Found
Review Petition Dismissed

Key Takeaways

  • ✓ Review petitions will not be entertained if they do not present any new grounds for reconsideration.
  • ✓ The Supreme Court will not revisit its earlier decisions unless there is a substantial reason to do so.
  • ✓ The burden is on the petitioner to demonstrate why a review is necessary.

Directions

No specific directions were given by the Supreme Court in this judgment.

Specific Amendments Analysis

There is no specific amendment discussed in the judgment.

Development of Law

The judgment reinforces the principle that review petitions must present new grounds for reconsideration and that the Supreme Court will not revisit its earlier decisions without a valid reason. The ratio decidendi is that a review petition will be dismissed if it does not present any new grounds for reconsideration.

Conclusion

The Supreme Court dismissed the review petition filed by the Power of Attorney holder of the original appellant, finding no merit in the petition. The Court reiterated that review petitions must present new grounds for reconsideration and that the Court will not revisit its earlier decisions without a valid reason.