Supreme Court of India

V Nagarajan v. Sks Ispat and Power Ltd.& Ors.

Neutral citation
Bench Dr. Dhananjaya Y Chandrachud, Vikram Nath and B. V. Nagarathna JJ.
Decided 22 October 2021

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.

5 Supreme Court benches have cited this judgment.

From the headnote

Insolvency and Bankruptcy Code, 2016 – ss.61(1), 238, 238- – Limitation Act, 1963 – ss.12(2), 29(2) – Companies Act 2013 – s.420(3) – National Company Law Tribunal Rules, 2016 – r.50 – National Company Law Appellate Tribunal Rules – r.22 – NCLT vide order dtd. 31.12.19 dismissed the appellant’s application in a liquidation proceeding, seeking interim relief against invocation of a bank guarantee by Respondent No.10 against the Corporate Debtor – Appellant filed appeal, dismissed by NCLAT as barred by limitation – On appeal, held: Owing to the special nature of the IBC, the aggrieved party is…

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