Supreme Court · 2021 INSC 296 · Decided 13 May 2021
India Resurgence Arc Private Limited v. M/S. Amit Metaliks Limited & ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 296 · [2021] 6 S.C.R. 611
- Case number
- CIVIL APPEAL No. 1700/2021
- Decided
- 13 May 2021
- Bench
- VINEET SARAN, DINESH MAHESHWARI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- IBC Section 30(4)
Headnote
Insolvency and Bankruptcy Code, 2016: s. 30(4) - Resolution plan - Approval of, in the corporate insolvency resolution process - Resolution plan submitted by resolution applicant taken up for consideration by the CoC - Appellant expressed reservations on the with reference to the value of security interest held by it and chose to remain dissentient financial creditor - Resolution plan as approved by the vast majority of voting share in the CoC was submitted for approval by resolution professional to the Adjudicating Authority -
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