Supreme Court · 2021 INSC 216 · Decided 26 March 2021
Indus Biotech Private Limited v. Kotak India Venture (Offshore) Fund (Earlier Known As Kotak India Venture Limited) & ORS.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 216 · [2021] 7 S.C.R. 112
- Case number
- WRIT TO PETITION (CIVIL)... No. 48/2019
- Decided
- 26 March 2021
- Bench
- S.A. BOBDE, A.S. BOPANNA, V. RAMASUBRAMANIAN (3-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Writ / Constitutional
- Acts & sections cited
- Arbitration Act Section 8; IBC Section 7
Headnote
Insolvency and Bankruptcy Code, 2016 - s. 7 - Arbitration and Conciliation Act, 1996: s. 8 - Dispute between petitioner and respondents as regards calculation to be applied in converting the preference shares of respondent no. 1 to 4 invested in petitioner company, into equity shares - Respondents sought certain sum, on redemption of Optionally Convertible Redeemable Preference Shares-OCRPS, but the petitioner company failed to redeem the OCRPS
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)