Supreme Court · 2026 INSC 449 · Decided 5 May 2026

Alpha Corp Development Private Limited v. Greater Noida Industrial Development Authority (Gnida) and Others

Court
Supreme Court of India
Citation
2026 INSC 449 · [2026] 5 S.C.R. 364
Case number
CIVIL APPEAL No. 1526/2023
Decided
5 May 2026
Bench
SANJAY KUMAR (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
Companies Act Section 2(87); IBC Section 25A(3A)

Headnote

Issues arose inter alia as to whether in the Corporate Insolvency Resolution Process (CIRP) proceedings of the Corporate Debtor- Earth Infrastructures Limited, the assets of the land holding companies, i.e., subsidiary of the treated to be assets of the Corporate Debtor; whether assets of the subsidiary companies can be dealt with in CIRP of holding Company; whether the present is a fit case to lift the corporate veil. Insolvency and Bankruptcy Code, 2016 - CIRP of holding Company -

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