Supreme Court to Review Allegations of Fake Citations in Essel Infraprojects Insolvency Case
Plea in SC alleges fake citations in NCLT order on Essel insolvency
Business StandardImage: Business Standard
A suspended director of Essel Infraprojects has alleged in the Supreme Court of India that the National Company Law Tribunal cited fabricated judgments in its insolvency ruling. The case, stemming from a ₹87.43 crore default linked to a loan, will be further examined on May 12, 2026.
- 01Allegations of fake citations in NCLT's ruling on Essel Infraprojects' insolvency.
- 02The insolvency process is linked to a ₹87.43 crore default on a ₹200 crore loan.
- 03The Supreme Court has allowed the petitioner to submit discrepancies via affidavit.
- 04The case will be further heard on May 12, 2026.
- 05The integrity of judicial proceedings is being questioned due to these claims.
Advertisement
In-Article Ad
In a significant legal development, Pooja Ramesh Singh, a suspended director of Essel Infraprojects, has raised serious allegations before the Supreme Court of India regarding the National Company Law Tribunal (NCLT) in Mumbai. She claims that the NCLT cited 'non-existent' judgments while admitting the company into insolvency proceedings. Senior Advocate Madhavi Divan, representing Singh, argued that many of the decisions referenced in the tribunal’s order appear to be fabricated, lacking verifiable names and excerpts. The Supreme Court Bench, comprising Justices P S Narasimha and Alok Aradhe, acknowledged that these allegations touch upon the integrity of judicial processes. The case stems from a September 11, 2025 ruling by the National Company Law Appellate Tribunal, which upheld the NCLT's earlier order from August 28, 2024, initiating insolvency against Essel Infraprojects due to a default of ₹87.43 crore related to a ₹200 crore credit facility. This loan was secured by a corporate guarantee from Essel and a mortgage over land in Gorai, Borivali, Mumbai. Essel argued that its obligations had ended following a 2014 court-approved restructuring, but the NCLT rejected this defense, asserting that the corporate guarantee remained binding. Singh's claims suggest that most of the cited Supreme Court rulings cannot be verified, raising concerns about the tribunal's reliance on these judgments. The Supreme Court has permitted Singh to submit an affidavit detailing these discrepancies, with further hearings scheduled for May 12, 2026.
Advertisement
In-Article Ad
The outcome of this case could affect the financial stability of Essel Infraprojects and its stakeholders, potentially impacting jobs and investments tied to the company.
Advertisement
In-Article Ad
Reader Poll
Do you believe the integrity of judicial proceedings is at risk due to alleged fake citations?
Connecting to poll...
More about National Company Law Tribunal
Read the original article
Visit the source for the complete story.




