Supreme Court of India
Kridhan Infrastructure Pvt. Ltd. (now Known as Krish Steel and Trading Pvt Ltd) v. Venkatesan Sankaranarayan & Ors.
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.
1 Supreme Court bench has cited this judgment.
From the headnote
Insolvency and Bankruptcy Code, 2016 – The appellant submitted a resolution plan for a company which was undergoing the Corporate Insolvency Resolution Process (CIRP) under the 2016 Code – The Resolution Plan was approved by the Committee of Creditors (CoC) and National Company Law Tribunal (NCLT) – Accordingly, the appellant deposited an amount of Rs.5 crores in an escrow account of the corporate debtor – However, further obligations were not fulfilled by the appellant under the Resolution Plan despite numerous opportunities – As a result on 11.11.2019, the CoC voted for the liquidation of…
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Where later benches applied it
- 2024 State Bank of India & Ors. v. The Consortium of Mr. Murari Lal Jalan and Mr. Florian Fritsch & Anr.
Of those, 1 referred to
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