Supreme Court · 2022 INSC 260 · Decided 3 March 2022
Amit Katyal v. Meera Ahuja and Others
- Court
- Supreme Court of India
- Citation
- 2022 INSC 260 · [2022] 4 S.C.R. 389
- Case number
- CIVIL APPEAL No. 3778/2020
- Decided
- 3 March 2022
- Bench
- M.R. SHAH, B.V. NAGARATHNA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 142; IBC Section 7, 12A
Headnote
Insolvency and Bankruptcy Code, 2016: s.7 - Respondent no. 4-corporate debtor came out with a housing project - However, could not complete the project even after a period of eight years - Respondent nos.1 to 3 (original applicants) who were the home buyers preferred s.7 against Corporate Debtor - Original applicants sought refund of an amount of Rs.6,93,02,755/- due to an inordinate delay in completion of project and failure to handover possession within the stipulated time - The said application was filed on 06.12.2018, i.e., prior to the amendment
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)