Supreme Court · 2021 INSC 468 · Decided 13 September 2021
Ebix Singapore Private Limited v. Committee of Creditors of Educomp Solutions Limited & ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 468 · [2021] 14 S.C.R. 321
- Case number
- CIVIL APPEAL No. 3224/2020
- Decided
- 13 September 2021
- Bench
- D.Y. CHANDRACHUD, M.R. SHAH (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 142; IBC Section 5(26), 7, 9, 10, 12, 23, 25, 30
Headnote
Insolvency and Bankruptcy Code, 2016 - ss.5(26), 7, 9, 10, 12, 23, 25, 30, 31, 60(5), 61 & 74(3) - National Company Law Tribunal Rules, 2016 - r.11 - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process regulations, 2016 - regn. 36A, 36B and 39 - Whether withdrawals or modifications by successful Resolution Applicants are permissible under IBC - Held: The framework, as it stands, only enables withdrawals from the CIRP process by following the procedure detailed in Section 12A
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)