Supreme Court · 2020 INSC 227 · Decided 26 February 2020
Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited v. Axis Bank Limited ETC. ETC.
- Court
- Supreme Court of India
- Citation
- 2020 INSC 227 · [2020] 8 S.C.R. 291
- Case number
- CIVIL APPEAL No. 8512/2019
- Decided
- 26 February 2020
- Bench
- A.M. KHANWILKAR, DINESH MAHESHWARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- IBC Section 5(7), 5(8), 7, 43, 45, 66
Headnote
Insolvency and Bankruptcy Code, 2016: Sections 5(7), 5(8), 7, 43, 45 and 66 - Corporate insolvency resolution process against corporate-debtor company - The claim of lenders of the holding Company of corporate-debtor for being recognized of the corporate-debtor on the strength of transactions whereby the corporate-debtor had mortgaged its properties as collateral securities for the loan to the holding company of the corporate-debtor - The claim rejected by Interim Resolution Professional (IRP) - Application by IRP
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)