Supreme Court · 2023 INSC 849 · Decided 13 September 2023

R. Raghavendran v. C. Raja John & ORS.

Court
Supreme Court of India
Citation
2023 INSC 849 · [2023] 14 S.C.R. 719
Case number
CIVIL APPEAL No. 2552/2022
Decided
13 September 2023
Bench
SANJAY KISHAN KAUL, SUDHANSHU DHULIA (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Constitution; IBC

Headnote

HEADNOTES Issue for consideration: Whether the observations made by NCLAT in the impugned judgment, in the context of the judgment of the Tribunal in Saravana Global Holdings Ltd. & Anr. Vs. Bafna Pharmaceuticals Ltd. & Ors., that if the Corporate Debtor is an MSME it is not necessary for with other Resolution Applicants to regain the control of the Corporate Debtor, can be sustained or not in the conspectus of the observations in the Bafna's case, the appeal where against was dismissed by the Supreme Court. Insolvency and Bankruptcy Code, 2016 - Corporate debtor,

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