Hasmukhlal Madhavlal Patel and Anr. vs Ambika Food Products Pvt. Ltd. and Ors.
SC · 15 June 2023
[2023] 8 S.C.R. 243 : 2023 INSC 582
Companies Act, 1956 – s. 2(32), 81, 81(1A), 81(3), 397, 398 – Companies Act, 1913 – s. 105-C – First respondent is a private limited company having authorised capital of Rs.1 crore – There are three groups i.e. HMP, S an…
Shital Fibers Ltd. vs Indian Acrylics Limited
SC · 6 April 2021
[2021] 4 S.C.R. 203 : 2021 INSC 228
Companies Act, 1956: ss. 433, 434 – Circumstances in which company may be wound up by the court – On facts, company petition seeking winding up of the appellant-defaulter company for its inability to pay admitted debts –…
A. Navinchandra Steels Private Limited vs Srei Equipment Finance Limited & Ors.
SC · 1 March 2021
[2021] 3 S.C.R. 597 : 2021 INSC 128
Insolvency and Bankruptcy Code, 2016 – ss.7, 9 – Companies Act, 1956 – ss.391-393, 446 – Companies Act, 2013 – ss.230(1), 279, fifth proviso to s.434(1)(c) – Winding up proceedings pending – Petition u/s.7 filed before N…
M/s. Radha Exports (India) Pvt. Limited vs K.P. Jayaram & Anr.
SC · 28 August 2020
[2020] 8 S.C.R. 272 : 2020 INSC 518
Insolvency and Bankruptcy Code, 2016 – s.7 – Companies Act, 1956 – Limitation Act, 1963 – Clauses (19) to (21) of Part II of the Schedule – The respondents filed a petition on 25.04.2018 u/s.7 of the IBC, as ‘Financial c…
Usha Ananthasubramanian vs Union of India
SC · 12 February 2020
[2020] 3 S.C.R. 882 : 2020 INSC 176
Companies Act, 1956: ss. 241, 337, 339 – Application to tribunal for relief in cases of oppression, etc. – Charge sheet filed by CBI against several persons occupying positions in the Punjab National Bank as well as the…
Stressed Assets Stabilization Fund vs West Bengal Small Ind. Development Corporation Ltd. and Anr.
SC · 21 October 2019
[2019] 13 S.C.R. 1083 : 2019 INSC 1170
Companies Act, 1956 – s. 535 – Sick Industrial Companies (Special Provisions Act) 1985 – s. 20 – Second respondent, a company was allotted Industrial premises by the State on lease – The company secured advances from IDB…
Swaraj Infrastructure Pvt. Ltd. vs Kotak Mahindra Bank Ltd.
SC · 29 January 2019
[2019] 1 S.C.R. 682 : 2019 INSC 108
Companies Act, 1956: ss. 439, 434(1)(a) and (1)(b), 441(2) and 529 – Winding up petition – By the secured creditor/respondent-Bank, after obtaining decree from Debts Recovery Tribunal and a recovery certificate based the…