Supreme Court · 2021 INSC 112 · Decided 23 February 2021
Committee of Creditors of Amtek Auto Limited Through Corporation Bank v. Dinkar T Venkatasubramanian & ORS.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 112 · [2021] 3 S.C.R. 1015
- Case number
- CIVIL APPEAL No. 6707/2019
- Decided
- 23 February 2021
- Bench
- D.Y. CHANDRACHUD, M.R. SHAH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- IBC Section 7, 12(3), 31
Headnote
Insolvency and Bankruptcy Code, 2016 - ss. 7, 12(3) and 31 - Contempt of Courts Act, 1971 - s.2(b) - On 24.09.2019, the Supreme Court directed the Resolution Professional fresh offers for resolution plans - Fresh Resolution plans were invited - The third respondent-DVI submitted financial proposal on 04.11.2019 and was declared the highest resolution applicant - On 17.01.2020, DVI submitted its resolution plan together with a performance bank
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