Supreme Court · 2024 INSC 15 · Decided 3 January 2024

Bharti Airtel Limited and Another v. Vijaykumar V. Iyer and Others

Court
Supreme Court of India
Citation
2024 INSC 15 · [2024] 1 S.C.R. 140
Case number
CIVIL APPEAL No. 3088/2020
Decided
3 January 2024
Bench
SANJIV KHANNA, SARASA VENKATANARAYANA BHATTI (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
CPC; IBC Section 25

Headnote

The present appeals raise a question on the right to claim set-off in the Corporate Insolvency Resolution Process, when the Resolution Professional proceeds in terms of clause (a) to sub-section (2) of s.25 of the Insolvency and take custody and control of all the assets of the corporate debtor. Insolvency and Bankruptcy Code, 2016 - clause (a) to sub- section (2) of s.25, s.238, s.243 - Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 - Regn. 29 - The

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