Supreme Court · 2019 INSC 1228 · Decided 8 November 2019
Mishra and S. Ravindra Bhat, JJ.] v. Rave Scans PVT. LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 1228 · [2019] 13 S.C.R. 1127
- Case number
- ELECTION PETITION (CIVIL) No. 7940/2016
- Decided
- 8 November 2019
- Bench
- ARUN MISHRA, S. RAVINDRA BHAT (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Election
- Acts & sections cited
- IBC Section 10, 30
Headnote
Insolvency and Bankruptcy Code, 2016 - ss.10 and 30 - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 - regn.38 - Corporate Insolvency Resolution Process (CIRP) was initiated against the corporate debtor of the corporate debtor, whose liquidation value was ascertained as 36 crores and against the said amount appellant offered 54 crores to revive the corporate debtor in terms of the resolution plan - The resolution plan was revised by the appellant, which was approved by the adjudicating
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)