Supreme Court · 2019 INSC 1080 · Decided 25 September 2019
Jignesh Shah & ANR. v. Union of India & ANR.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 1080 · [2019] 12 S.C.R. 678
- Case number
- WRIT PETITION (CIVIL) No. 455/2019
- Decided
- 25 September 2019
- Bench
- R.F. NARIMAN, R. SUBHASH REDDY, SURYA KANT (3-judge bench)
- Outcome
- Disposed off
- Case type
- Writ / Constitutional
- Acts & sections cited
- Companies Act Section 433, 434; Limitation Act Section 137, 18; IBC Section 238A, 7
Headnote
Insolvency and Bankruptcy Code, 2016: s. 238A - Limitation - Application of Limitation Act, 1963 to applications u/s 7 under IBC - Execution of share purchase agreement between MCX, MCX- E and Financial Services Company in 2009 agreed to purchase equity shares of MCX-E from MCX - Pursuant thereto, LF, a group company of MCX, issued a 'Letter of Undertaking' to Financial Services Company to purchase shares of MCX-SX after a period of one year, but before a period of three years, from the
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