Supreme Court of India
Jignesh Shah & Anr. v. Union of India & Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
11 Supreme Court benches have cited this judgment.
What the Court ordered
In view of the aforesaid, nothing survives insofar as Special Leave Petition (Diary No.13468 of 2019) and Transfer Petition (Civil) No.817 of 2019 are concerned, and they are accordingly disposed of as having become infructuous.
Judgment, page 33
From the headnote
Insolvency and Bankruptcy Code, 2016: s. 238A – Limitation – Application of Limitation Act, 1963 to applications u/s 7 under IBC – Execution of share purchase agreement between MCX, MCX– and Financial Services Company in 2009 whereby Financial Services Company agreed to purchase equity shares of MCX– from MCX – Pursuant thereto, LF, a group company of MCX, issued a ‘Letter of Undertaking’ to Financial Services Company to purchase shares of MCX–SX after a period of one year, but before a period of three years, from the date of investment – Expiry of the said period – In 2012 Financial Services…
Authorities it was built on
- 2006 M/s Transcore v. Union of India and Anr.
- 1971 Madhusudan Gordhandas & Co. v. Madhu Woollen Industries Pvt. Ltd.
- 1973 Rajender Singh & Ors. v. Santa Singh & Ors.
- 2004 State of Maharashtra v. Sanjay S/o Digambarrao Rajhans
- 2005 Mediquip Systems Pvt. Ltd. v. Proxima Medical System G.M.B.H.
- 1994 The Pradeshiya Industrial & Investment Corporation of Uttar Pradesh v. North India Petro Chemical Ltd. and Anr.
Where later benches applied it
- 2021 Asset Reconstruction Company (india) Limited v. Bishal Jaiswal & Anr.
- 2020 Babulal Vardharji Gurjar v. Veer Gurjar Aluminium Industries Pvt. Ltd. & Anr.
- 2025 Il & Fs Financial Services Limited v. Adhunik Meghalaya Steels Private Limited
- 2022 Punjab National Bank v. Mr. Vijay Sitaram Dandnaik & Anr.
- 2022 Kotak Mahindra Bank Limited v. Kew Precision Parts Private Limited & Ors.
- 2022 Asset Reconstruction Company (india) Limited v. Tulip Star Hotels Limited & Ors.
- 2022 Kotak Mahindra Bank Limited v. A. Balakrishnan & Anr.
- 2021 Dena Bank (now Bank of Baroda) v. C. Shivakumar Reddy and Anr.
- 2021 Laxmi Pat Surana v. Union Bank of India & Anr.
- 2023 Tottempudi Salalith v. State Bank of India & Ors.
- 2022 Devas Multimedia Private Ltd. v. Antrix Corporation Ltd. & Anr
Of those, 2 relied on · 1 distinguished · 7 referred to · 1 mentioned
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