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Supreme Court of India

V.S. Palanivel v. P. Sriram, Cs, Liquidator, Etc.

Neutral citation
Bench Hima Kohli and Ahsanuddin Amanullah JJ.
Decided 28 August 2024

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

Issue for Consideration (i) Whether the Tribunal was right in accepting the view taken by the Adjudicating Authority that Covid-19 lockdown was a valid reason for extension of time to deposit the balance sale consideration; (ii) Whether the appellant was justified in alleging that the subject property was under-valued; (iii) Whether it was incumbent for the Liquidator to constitute a Stakeholders’ Consultation Committee; (iv) Whether Liquidator had violated Regulation 33 of the IBBI Regulations, 2016; (v) What is the import of the order of attachment issued by the Income Tax Authorities in…

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