Supreme Court of India
State Bank of India v. Union of India
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.
What the Court ordered
We hold that Spectrum allocated to TSPs and shown in their books of account as an “asset” cannot be subjected to proceedings under Insolvency and Bankruptcy Code, 2016. (B) Civil Appeal No. 1810 of 2021 filed by State Bank of India, Civil Appeal No. 2227 of 2021 filed by (successful resolution applicant of corporate debtor) UV Asset Reconstruction Co.
Judgment, page 67
Authorities it was built on
- 2019 K. Sashidhar v. Indian Overseas Bank & Ors.
- 2003 State of Punjab and Anr. v. Mis. Devans Modern Breweries and Anr. Etc.
- 1972 State of Orissa and Ors. v. Harinarayan Jaiswal and Ors.
- 2019 M/s Embassy Property Developments Pvt. Ltd.v. State of Karnataka & Ors. v. State of Karnataka & Ors
- 2014 Commercial Tax Officer, Rajasthan v. M/s Binani Cement Ltd. & Anr.
- 2020 Smt. S. Vanitha v. The Deputy Commissioner, Bengaluru Urban District & Ors.
Where later benches applied it
Of those, 1 mentioned
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