Supreme Court · 1996 INSC 297 · Decided 22 February 1996
Industrial Credit and Investment Corporation of India LTD. v. M/S Srinivas Agencies and ORS. ETC. ETC.
- Court
- Supreme Court of India
- Citation
- 1996 INSC 297 · [1996] 2 S.C.R. 960
- Case number
- CIVIL APPEAL No. 5082/1989
- Decided
- 22 February 1996
- Bench
- A.M. AHMADI, B.L. HANSARIA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 446, 456, 457, 529
Headnote
CREDIT AND INVESTMENT CORPORATION OF INDIA LTD. v. MIS SRINIVAS AGENCIES AND ORS. ETC. ETC. FEBRUARY 22, 1996 [A.M. AHMADI, CJ AND B.L. HANSARIA, J.] Companies Act, 1956: Sections 446, 456, 457, 529, 529-A and 537. C Company-Winding up-Secured creditor-Extent of 1ight to realise Credit01~Suit or proceedings relating to realisation of D debt-Transfer to Company Cowt dwing pendency of winding up proceed­ ings-Pemiissibility of E Recove1y of debts due to Banks and Financial Institutions-Act, 1993-0bject of The questions in these appeals are : (i) what is the extent of
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