Supreme Court · 2024 INSC 839 · Decided 5 November 2024
Noida Special Economic Zone Authority v. Manish Agarwal & ORS.
- Court
- Supreme Court of India
- Citation
- 2024 INSC 839 · [2024] 11 S.C.R. 489
- Case number
- CIVIL APPEAL No. 5918/2022
- Decided
- 5 November 2024
- Bench
- ABHAY S. OKA, AUGUSTINE GEORGE MASIH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- IBC Section 31(1), 60(5), 35C, 30, 31, 30(2), 238
Headnote
The appellant-NOIDA Special Economic Zone Authority filed a claim of INR 06.29 Crores which was admitted by the Respondent No.01- Resolution Professional. The NCLT vide order dated 05.10.2020, granted only INR 50 Lakhs to the appellant against its 06.29 Crores. In the instant appeals, the challenge is to the judgment dated 14.02.2022 passed by NCLAT which were preferred by the appellant being the operational creditor impugning the order dated 05.10.2020 passed by the NCLT approving the Resolution Plan as presented on the approval by the
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