Supreme Court of India

M/s Kaledonia Jute and Fibres Pvt. Ltd. v. M/s Axis Nirman and Industries Ltd. & Ors.

Neutral citation
Bench S.A. Bobde, A. S. Bopanna and V. Ramasubramanian JJ.
Decided 19 November 2020

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.

2 Supreme Court benches have cited this judgment.

From the headnote

Companies (Transfer of Pending Proceedings) Rules 2016: rr.5 and 6 – Application seeking transfer of the winding up petition pending before High Court to the National Company Law Tribunal (NCLT) – Refusal by Company Court (High Court) – Correctness of – Second respondent filed a company petition against the first respondent for winding up on the ground that first respondent was not able to pay its debts – Winding up order – Thereafter first respondent sought for recalling the order of winding up and in order to prove bonafides paid the entire amount due to the petitioning creditor (second…

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