Supreme Court · 2024 INSC 348 · Decided 26 April 2024
Fertilizer Corporation of India Limited & ORS. v. M/S Coromandal Sacks Private Limited
- Court
- Supreme Court of India
- Citation
- 2024 INSC 348 · [2024] 5 S.C.R. 321
- Case number
- CIVIL APPEAL No. 5366/2024
- Decided
- 26 April 2024
- Bench
- J.B. PARDIWALA, SANDEEP MEHTA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
Suspension of legal proceedings as envisaged u/s. 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, if would extend to a suit for recovery of money even if the debt sought to be proved in the plaint has not sick industrial company and if so, whether the decree in favour of the original plaintiff could be said to be coram non-judice; and the High Court, if erred in granting 24% compound interest on the principal decretal amount in favour of the original plaintiff. Sick Industrial Companies
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