TATA STEEL LIMITED vs MINISTRY OF CORPORATE AFFAIRS, THROUGH SECRETARY & ANR.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on: 13th October, 2025 Pronounced on: 9th January, 2026 + W.P.(C) 10431/2020 & CM APPL. 33016/2020 TATA STEEL LIMITED .....Petitioner Through: Mr. Ramji Srinivasan, Senior Advocate with Mr. Shashank Gautam, Mr. Arvind Thapliyal, Mr. Siddharth Pandey, Ms. Saravna Vasanta and Ms. Shefali Munde, Advocates. versus MINISTRY OF CORPORATE AFFAIRS, THROUGH SECRETARY & ANR. .....Respondents Through: Ms. Anubha Bhardwaj, CGSC with Ms. Ananya Shamshery and Mr. Vijay Misra, Advocates for R-1. Mr. Ashish Verma, Mr. Saksham Thareja, Mr. Akhil Ranganathan, Mr. Nikhil Thakur and Mr. Rahul Gupta, Advocates for R- 2. CORAM: HON'BLE MR. JUSTICE AMIT SHARMA JUDGMENT AMIT SHARMA, J. 1. The present petition under Articles 226 and 227 of the Constitution of India, 1950, seeks the following prayers: - Signature Not Verified Digitally Signed By:NEETI KUMARI SHARMA W.P.(C) 10431/2020 Page 1 of 87 Signing Date:09.01.2026 18:16:35 “1. To issue an appropriate writ, order or direction in the nature of Mandamus to the First Respondent, i.e. Ministry of Corporate Affairs, being the supervisory ministry in the implementation of IBC, to provide clarification to the questions of law raised in the present Writ Petition qua the IBC and confirm/declare that the approved Resolution Plan is binding on all creditors of the Petitioner, including the Second Respondent herein; 2. To issue an appropriate writ, order or direction in the nature of Certiorari setting aside the Order dated October 07.2020 passed by the Arbitral Tribunal; 3. To issue an appropriate writ, order or direction in the nature of Mandamus directing the Arbitral Tribunal to terminate the arbitration proceedings in Arbitration-I/Matter of 2009 and Arbitration II/Matter of 2006 as there being