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

8 judgments, latest first, from 2018 to 2025. Listed when the Supreme Court Reports file the judgment's headnote under Section 238A of this Act, as printed at the start of the headnote. Judgments that only mention it in passing are not listed.

IL & FS Financial Services Limited vs Adhunik Meghalaya Steels Private Limited
SC · 30 July 2025
[2025] 7 S.C.R. 1823 : 2025 INSC 911
Whether the Tribunals below were justified in holding that the s.7 application under the IBC filed by the appellant on 15.01.2024 was barred by time; does the entry in the Balance Sheet of F.Y. 2019-20 constitute a valid…
Vidyasagar Prasad vs UCO Bank & Anr.
SC · 22 October 2024
[2024] 10 S.C.R. 1462 : 2024 INSC 810
Whether specific and clear acknowledgement of debt by the Corporate Debtor in its balance sheet is necessary while considering limitation under Section 18 of the Limitation Act, 1963.
Sabarmati Gas Limited vs Shah Alloys Limited
SC · 4 January 2023
[2023] 4 S.C.R. 188 : 2023 INSC 10
Insolvency and Bankruptcy Code, 2016 – ss. 6, 8, 9, 62, 238A, 252 – Sick Industrial Companies (Special Provisions) Act, 1985 – ss. 16, 17, 22, 25 – Limitation Act, 1963 – s.5,14 and Art. 137 – Insolvency and Bankruptcy (…
Punjab National Bank vs Mr. Vijay Sitaram Dandnaik & Anr.
SC · 30 August 2022
[2022] 18 S.C.R. 380 : 2022 INSC 887
Insolvency and Bankruptcy Code, 2016: ss. 7, 238A – Limitation Act, 1963 – Art. 137 – Initiation of corporate insolvency resolution process by financial creditor – Limitation period – On facts, corporate debtor defaulted…
Kotak Mahindra Bank Limited vs Kew Precision Parts Private Limited & Ors.
SC · 5 August 2022
[2022] 19 S.C.R. 212 : 2022 INSC 800
Insolvency and Bankruptcy Code, 2016 – ss. 7, 8, 9, 14, 238A – The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 – s. 13 (2) – Limitation Act 1963 – Schedule – Art.13…
Asset Reconstruction Company (India) Limited vs Tulip Star Hotels Limited & Ors.
SC · 1 August 2022
[2022] 5 S.C.R. 1112 : 2022 INSC 777
Insolvency and Bankruptcy Code, 2016 – ss. 7(2), 62 & 238A – Limitation Act, 1963 – s. 18 – Corporate Insolvency Resolution Process (CIRP) – Extension of period of limitation – Acknowledgement in books of account – A loa…
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…
B. K. Educational Services Private Limited vs Parag Gupta and Associates
SC · 11 October 2018
[2018] 12 S.C.R. 794 : 2018 INSC 956
Insolvency and Bankruptcy Code, 2016 – s.238A (As inserted by Insolvency and Bankruptcy Code (Second Amendment) Act, 2018 w.e.f. 06.06.2018) – s.238A, if retrospective in nature – Held: s.238A being clarificatory of law…

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