Supreme Court · 2021 INSC 250 · Decided 13 April 2021
Ghanashyam Mishra and Sons Private Limited Through the Authorized Signatory v. Edelweiss Asset Reconstruction Company Limited Through the Director & ORS.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 250 · [2021] 13 S.C.R. 737
- Case number
- CIVIL APPEAL No. 8129/2019
- Decided
- 13 April 2021
- Bench
- R.F. NARIMAN, BHUSHAN RAMKRISHNA GAVAI, HRISHIKESH ROY (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- IBC Section 31
Headnote
Insolvency and Bankruptcy Code, 2016 s. 31 - Approval of resolution plan - Corporate Insolvency Resolution Process - Resolution plan - Extent and scope of, after a resolution plan is duly approved by the Adjudicating Authority under sub-section (1) of s. 31, the claims as provided in the resolution plan shall stand frozen and would be binding on the Corporate Debtor and its employees, members, creditors, including the Central Government, any State
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