Supreme Court · 2019 INSC 77 · Decided 22 January 2019
Forech India LTD. v. Edelweiss Assets Reconstruction CO. LTD.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 77 · [2019] 2 S.C.R. 477
- Case number
- CIVIL APPEAL No. 818/2018
- Decided
- 22 January 2019
- Bench
- R.F. NARIMAN, NAVIN SINHA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 433(e), 434
Headnote
Insolvency & Bankruptcy Code, 2016 - ss.7, 9, 11, 238, 255 and The Eleventh Schedule - Proceedings u/ss.7 and 9, if independent of winding up process pending in High Court - Winding up petition filed by the appellant before High Court, against Respondent No.2-Company, creditor of the self-same corporate debtor, filed insolvency petition u/s.7 of the 2016 Code before National Company Law Tribunal (NCLT) - Petition admitted - Appeal filed by the appellant against the order - Dismissed by Appellate Tribunal - Plea of appellant
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