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Supreme Court judgments on Section 31, Insolvency and Bankruptcy Code, 2016

9 judgments, latest first, from 2021 to 2025. Listed when the Supreme Court Reports file the judgment's headnote under Section 31 of this Act, as printed at the start of the headnote. Judgments that only mention it in passing are not listed.

Electrosteel Steel Limited (Now M/s ESL Steel Limited) vs Ispat Carrier Private Limited
SC · 21 April 2025
[2025] 4 S.C.R. 1373 : 2025 INSC 525
Whether upon approval of the resolution plan by the NCLT, the claim of the respondent being outside the purview of the resolution plan stood extinguished; whether the arbitral award dated 06.07.2018 was capable of being…
Vaibhav Goel & Anr. vs Deputy Commissioner of Income Tax & Anr.
SC · 20 March 2025
[2025] 3 S.C.R. 841 : 2025 INSC 375
Matter pertains to the validity of the income tax dues of the corporate debtor owed to the Central Government, when not a part of the approved Resolution Plan.
Independent Sugar Corporation Ltd. vs Girish Sriram Juneja & Ors.
SC · 29 January 2025
[2025] 1 S.C.R. 1782 : 2025 INSC 124
Whether the approval of a proposed combination by the Competition Commission of India (CCI) must mandatorily precede the approval of the Resolution Plan, by the Committee of Creditors (CoC), as stipulated under the provi…
Noida Special Economic Zone Authority vs Manish Agarwal & Ors.
SC · 5 November 2024
[2024] 11 S.C.R. 489 : 2024 INSC 839
The appellant-NOIDA Special Economic Zone Authority filed a claim of INR 06.29 Crores which was admitted by the Respondent No.01Resolution Professional. The NCLT vide order dated 05.10.2020, granted only INR 50 Lakhs to…
BRS Ventures Investments Ltd. vs SREI Infrastructure Finance Ltd. & Anr.
SC · 23 July 2024
[2024] 7 S.C.R. 2143 : 2024 INSC 548
Whether the payment of Rs.38.87 crores to the financial creditor under the resolution plan of the corporate guarantor will extinguish the liability of the principal borrower/corporate debtor to pay the entire amount paya…
Greater Noida Industrial Development Authority vs Prabhjit Singh Soni & Anr.
SC · 12 February 2024
[2024] 2 S.C.R. 258 : 2024 INSC 102
Whether in exercise of powers under s.60(5), Insolvency and Bankruptcy Code, 2016, the Adjudicating Authority-NCLT can recall an order of approval passed under s.31(1) of the IBC; whether the application for recall of th…
Jaypee Kensington Boulevard Apartments Welfare Association & Ors. vs Nbcc (India) Ltd. & Ors.
SC · 24 March 2021
[2021] 12 S.C.R. 603 : 2021 INSC 206
Insolvency and Bankruptcy Code, 2016 – ss. 30(2) and 31 – Contours of the jurisdiction of Adjudicating Authority in dealing with a resolution plan – Held: The Adjudicating Authority has limited jurisdiction in the matter…
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…
Committee of Creditors of Amtek Auto Limited through Corporation Bank vs Dinkar T Venkatasubramanian & Ors.
SC · 23 February 2021
[2021] 3 S.C.R. 1015 : 2021 INSC 112
Insolvency and Bankruptcy Code, 2016 – ss. 7, 12(3) and 31 – Contempt of Courts Act, 1971 – s.2(b) – On 24.09.2019, the Supreme Court directed the Resolution Professional (RP) to invite fresh offers for resolution plans…

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