Supreme Court · 2025 INSC 25 · Decided 2 January 2025
Mohammed Enterprises (Tanzania) LTD. v. Farooq Ali Khan & ORS.
- Court
- Supreme Court of India
- Citation
- 2025 INSC 25 · [2025] 1 S.C.R. 177
- Case number
- CIVIL APPEAL No. 48/2025
- Decided
- 2 January 2025
- Bench
- PAMIDIGHANTAM SRI NARASIMHA, MANOJ MISRA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; IBC Section 60(5)(c)
Headnote
Whether the High Court was justified in interdicting CIRP proceedings under the Insolvency and Bankruptcy Code. Insolvency and Bankruptcy Code, 2016 - s.60(5)(c) - The High Court exercised the power of judicial review and interdicted Process - Correctness: Held: The jurisdiction and power of the Adjudicating Authority under Section 60(5)(c) has already been reiterated by this Court in its various decisions - In the instant case, it is important to note that CIRP proceedings commenced on 26.10.2018, six years
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)