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Supreme Court judgments on Section 238, Insolvency and Bankruptcy Code, 2016

6 judgments, latest first, from 2018 to 2023. Listed when the Supreme Court Reports file the judgment's headnote under Section 238 of this Act, as printed at the start of the headnote. Judgments that only mention it in passing are not listed.

Paschimanchal Vidyut Vitran Nigam Ltd. vs Raman Ispat Private Limited & Ors.
SC · 17 July 2023
[2023] 10 S.C.R. 1221 : 2023 INSC 625
Insolvency and Bankruptcy Code, 2016 – ss.238, 53 – Overriding effect of s.238 – Distribution of assets u/s.53 – Dues payable to secured creditors vis-à-vis Central or State Government– Held: s.238, IBC overrides the pro…
V Nagarajan vs Sks Ispat and Power Ltd.& Ors.
SC · 22 October 2021
[2021] 14 S.C.R. 736 : 2021 INSC 663
Insolvency and Bankruptcy Code, 2016 – ss.61(1), 238, 238A – Limitation Act, 1963 – ss.12(2), 29(2) – Companies Act 2013 – s.420(3) – National Company Law Tribunal Rules, 2016 – r.50 – National Company Law Appellate Trib…
Gujarat Urja Vikas Nigam Limited vs Mr. Amit Gupta & Ors.
SC · 8 March 2021
[2021] 13 S.C.R. 611 : 2021 INSC 163
Insolvency and Bankruptcy Code, 2016 – ss. 10, 31, 60(5), 61, 238 – Power Purchase Agreement – Corporate Insolvency Resolution Process – Jurisdiction of NCLT over contractual dispute – The appellant allocated a 25-megawa…
Mr. Anand Rao Korada Resolution Professional vs M/s. Varsha Fabrics (P) Ltd. & Ors.
SC · 18 November 2019
[2019] 14 S.C.R. 695 : 2019 INSC 1259
Insolvency and Bankruptcy Code, 2016 – ss.7, 13, 14, 231 and 238 – Respondent No.5 divested its 100% shareholding in respondent No.4 in favour of respondent Nos.1 to 3 – Respondent No.4 shut down its factory – Respondent…
Forech India Ltd. vs Edelweiss Assets Reconstruction Co. Ltd.
SC · 22 January 2019
[2019] 2 S.C.R. 477 : 2019 INSC 77
Insolvency & Bankruptcy Code, 2016 – ss.7, 9, 11, 238, 255 and The Eleventh Schedule – Proceedings u/ss.7 and 9, if independent of winding up process pending in High Court – Winding up petition filed by the appellant bef…
Jaipur Metals & Electricals Employees Organization through General Secretary Mr. Tej Ram Meena vs Jaipur Metals & Electricals Ltd. through Its Managing Director
SC · 12 December 2018
[2018] 14 S.C.R. 926 : 2018 INSC 1196
Insolvency and Bankruptcy Code, 2016 – ss.7, 238 – Respondent No.1-company became a non-performing asset – Board for Industrial and Financial Reconstruction (BIFR) was of prima facie opinion that the company ought to be…

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