Ghanshyam Sarda vs Sashikant Jha, Director M/S Jk Jute ...

The Supreme Court addressed Contempt Petition (Civil) Nos.338 and 375 of 2014, highlighting disobedience of its Order dated 08.05.2014, which prohibited the disposal of capital assets of J.K. Jute Mills Company Ltd. without court permission. The Court found that the sale of the Katihar property via a Conveyance Deed dated 02.07.2014 violated this order, thus interfering with the administration of justice. The Court held that the Conveyance Deed was null and void, reinforcing the authority of its prior orders under the Sick Industrial Companies (Special Provisions) Act, 1985.