Supreme Court · 2017 INSC 837 · Decided 31 August 2017
M/S. Innoventive Industrles LTD. v. Icici Bank & ANR.
- Court
- Supreme Court of India
- Citation
- 2017 INSC 837 · [2017] 8 S.C.R. 33
- Case number
- CIVIL APPEAL No. 8337/2017
- Decided
- 31 August 2017
- Bench
- R.F. NARIMAN, SANJAY KISHAN KAUL (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution; IBC
Headnote
33 MIS. INNOVENTIVE INDUSTRlES LTD. v. ICICI BANK & ANR. (Civil Appeal Nos. 8337-8338 of 2017) AUGUST 31,2017 [R. F. NARIMAN AND SANJAY KISHAN KAUL, JJ.) Insolvency and Bankruptcy Code, 2016: A B ss. 7 and 238 - Maharashtra Relief Undertakings (Special Provisions Act), 1958 - Insolvency against the appellant-defaulter company, to set the insolvency resolution process in motion - Appellants interim application that no debt legally due since its liability stood temporarily suspended under the 1958 Act, for one year, which D was later extended for one more year - Second application
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