Supreme Court · 2021 INSC 173 · Decided 10 March 2021
Kalpraj Dharamshi & ANR. v. Kotak Investment Advisors LTD. & ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 173 · [2021] 2 S.C.R. 677
- Case number
- CIVIL APPEAL No. 2943/2020
- Decided
- 10 March 2021
- Bench
- A.M. KHANWILKAR, BHUSHAN RAMKRISHNA GAVAI, KRISHNA MURARI (3-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226; Limitation Act Section 14, 29(2); IBC Section 10, 61, 238A
Headnote
Insolvency and Bankruptcy Code, 2016: ss. 10, 61, 238A - Proceedings or appeals before the adjudicating Authority, appellate tribunal etc - Application of Limitation Act - On facts, application u/s. 10 by Corporate Debtor for initiation of Corporate Insolvency Successively five Form G notified - Resolution applicant-KIAL submitted Resolution Plan (RP) within the stipulated time and resolution applicant-Kalpraj submitted plan after the stipulated time - Objection raised by KIAL - Subsequently on direction by Committee of Creditors
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