Supreme Court · 2021 INSC 395 · Decided 10 August 2021
Pratap Technocrats (P) LTD. & ORS. v. Monitoring Committee of Reliance Infratel Limited & ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 395 · [2021] 8 S.C.R. 938
- Case number
- CIVIL APPEAL No. 676/2021
- Decided
- 10 August 2021
- Bench
- D.Y. CHANDRACHUD, M.R. SHAH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- IBC Section 30(1), 30(2), 31, 53, 31(1), 53(1)
Headnote
Insolvency and Bankruptcy Code, 2016: ss. 30(1), 30(2), 31, 53 -Corporate Insolvency Resolution Process (CIRP) - Approval of resolution plan - Initiation of CIRP of Corporate Debtor - Resolution applicant Resolution plan approved with 100 per cent voting share of the Committee of Creditors(CoC) and subsequently approved by NCLT - Appellants-Operational creditors challenged the order of NCLT approving the resolution plan on the ground that the claim of the appellants had not received a fair
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