Supreme Court · 2019 INSC 1310 · Decided 3 December 2019
M/S Embassy Property Developments PVT. LTD.V. State of Karnataka & ORS. v. State of Karnataka & Ors
- Court
- Supreme Court of India
- Citation
- 2019 INSC 1310 · [2019] 17 S.C.R. 559
- Case number
- CIVIL APPEAL No. 9170/2019
- Decided
- 3 December 2019
- Bench
- R.F. NARIMAN, ANIRUDDHA BOSE, V. RAMASUBRAMANIAN (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226, 227; Companies Act Section 408, 410, 420, 424; IBC Section 14(1), 60, 179
Headnote
Constitution of India: Arts.226/227 - Scope of interference - Corporate insolvency resolution process initiated against a corporate debtor - Corporate debtor held a mining lease granted by Government of Karnataka which was to expire - Resolution Professional extension of lease - State Government rejected the proposal for deemed extension of mining lease - The said order challenged by Resolution Professional - NCLT set aside the order of State Government on the ground that the same was in violation of moratorium declared in terms
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