Axis Bank Limited vs Naren Seth & Anr.

Court

Supreme Court of India

Date

19 January 2024

Case No.

M.A. No. 190 of 2024

Bench

Vikram Nath

Citation

[2024] 1 S.C.R. 1183 : 2024 INSC 105

Acts & Sections

Insolvency and Bankruptcy Code, 2016 Limitation Act, 1963

Issue for consideration

Application was filed by the applicant-appellant seeking clarification of the judgment reported in [2023] 14 SCR 581.

Headnote

Insolvency and Bankruptcy Code, 2016 – Limitation Act, 1963 – Judgment reported in [2023] 14 SCR 581, corrected to an extent – Word “unsecured creditor” referred in para 20 of the judgment to be read as “secured creditor”.

Order Delay condoned. 2. This application is filed by the applicant- appellant seeking clarification of the judgment dated 12.09.2023 passed in Civil Appeal No.2085 of 2022. 3. Heard learned counsel for the parties. 4. The word “unsecured creditor” referred to in paragraph 20 of the judgment be now read as “secured creditor”. 5. Judgment dated 12.09.2023 is corrected to the above extent only. 6. Miscellaneous application is disposed of accordingly. Headnotes prepared by: Bibhuti Bhushan Bose

View Subscription Plans →