Supreme Court · 2025 INSC 525 · Decided 21 April 2025

Electrosteel Steel Limited (Now M/S Esl Steel Limited) v. Ispat Carrier Private Limited

Court
Supreme Court of India
Citation
2025 INSC 525 · [2025] 4 S.C.R. 1373
Case number
CIVIL APPEAL No. 2896/2024
Decided
21 April 2025
Bench
ABHAY S. OKA, UJJAL BHUYAN (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
CPC Section 47; Arbitration Act Section 34; Companies Act; IBC Section 31, 7, 30, 32, 238

Headnote

Whether upon approval of the resolution plan by the NCLT, the claim of the respondent being outside the purview of the resolution plan stood extinguished; whether the arbitral award dated 06.07.2018 was capable of being executed. Code 1908 - s.47 - Arbitration and Conciliation Act, 1996 - s.34 - Insolvency and Bankruptcy Code, 2016 - s.31 - Micro, Small and Medium Enterprises Development Act, 2006 - Respondent filed claim petitions against the appellant before the Facilitation

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