Supreme Court · 2024 INSC 321 · Decided 6 March 2024
Deccan Value Investors L.P. & ANR. v. Dinkar Venkatasubramanian & ANR.
- Court
- Supreme Court of India
- Citation
- 2024 INSC 321 · [2024] 3 S.C.R. 1044
- Case number
- CIVIL APPEAL No. 2801/2020
- Decided
- 6 March 2024
- Bench
- SANJIV KHANNA, DIPANKAR DATTA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- IBC Section 62
Headnote
Whether the judgment dated 07.02.2020 passed by the National Company Law Appellate Tribunal which upholds the order dated 27.09.2019 passed by the National Company Law Tribunal is legally flawed and unsustainable; Whether the reasons or grounds taken by the in the instant case qualify and can be treated as a fraud on the part of the resolution professional. Insolvency and Bankruptcy Code, 2016 - s. 62 - On facts and to justify withdrawal, it was submitted that in the instant case, the successful resolution applicants were
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