Kotak Mahindra Bank Limited vs A. Balakrishnan & Anr.
SC · 30 May 2022
[2022] 5 S.C.R. 1072 : 2022 INSC 630
Insolvency and Bankruptcy Code, 2016 : ss. 3, 5, 6, 7 and 14 – Corporate Insolvency Resolution Process (CIRP) – Initiation of – Issuance of Recovery Certificate, if would trigger the right to sue – On facts, respondent N…
Sunil Kumar Jain and Others vs Sundaresh Bhatt and Others
SC · 19 April 2022
[2022] 17 S.C.R. 318 : 2022 INSC 438
Insolvency and Bankruptcy Code, 2016 – ss.5(13), 36(4), 53(1)(b) & (c) – Claim of the appellants-workmen/employees of Corporate Debtor, working at Dahej Yard and Mumbai, relating to wages/salary for the period involving…
M/s Consolidated Construction Consortium Limited vs M/s Hitro Energy Solutions Private Limited
SC · 4 February 2022
[2022] 2 S.C.R. 212 : 2022 INSC 150
Insolvency and Bankruptcy Code, 2016: ss.5(20), 5(21), 8(1) – Operational creditor – Meaning of – Appellant was engaged by CMRL for a project – For the said project, appellant entered into a contract for supply of light…
Ebix Singapore Private Limited vs Committee of Creditors of Educomp Solutions Limited & Anr.
SC · 13 September 2021
[2021] 14 S.C.R. 321 : 2021 INSC 468
Insolvency and Bankruptcy Code, 2016 – ss.5(26), 7, 9, 10, 12, 23, 25, 30, 31, 60(5), 61 & 74(3) – National Company Law Tribunal Rules, 2016 – r.11 – Insolvency and Bankruptcy Board of India (Insolvency Resolution Proces…
Lalit Kumar Jain vs Union of India & Ors.
SC · 21 May 2021
[2021] 3 S.C.R. 1075 : 2021 INSC 297
Insolvency and Bankruptcy Code, 2016 – ss.1(3), 2(e), 5(22), 60, 179, 234, 235, 238 and 243 – Vires and validity of notification dated 15.11.2019 issued by the Central Government – Whether the impugned notification was a…
Phoenix Arc Private Limited vs Spade Financial Services Limited & Ors.
SC · 1 February 2021
[2021] 15 S.C.R. 1079 : 2021 INSC 51
Insolvency and Bankruptcy Code, 2016 – ss.5(7), (8) – Financial creditor; financial debt – Sham/Collusive transactions, if financial debts – Held: A person can be categorised as a financial creditor if a financial debt i…
Chitra Sharma and Ors. vs Union of India and Ors.
SC · 9 August 2018
[2018] 12 S.C.R. 1044 : 2018 INSC 681
Insolvency and Bankruptcy Code, 2016 – ss.3(30), 3(31), 5(7), 5(8), 7, 17, 18, 20, 21(6) and 21(6A)(b) – JIL, a high-tech township developer defaulted in repayment of its dues to IDBI bank – Bank sought the initiation of…
