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Calcutta HC Quashes Wilful Defaulter Notice for Vague Allegations
Case Law Details
- Case Name
- SREI Equipment Finance Limited Vs BSCPL Infrastructure Limited & Ors. (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
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SREI Equipment Finance Limited Vs BSCPL Infrastructure Limited & Ors. (Calcutta High Court)
The Calcutta High Court considered an appeal against a judgment dated 8 April 2026 whereby the learned Single Judge had quashed a show cause notice dated 15 January 2026 issued by SREI Equipment Finance Limited for declaration of the respondents as wilful defaulters, along with the extract of the minutes of the Wilful Defaulter Identification Committee (WDIC) meeting dated 18 December 2025. The Single Judge had held that the notice and the committee extract did not specify the events and circumstanc...
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