Supreme Court · 2021 INSC 579 · Decided 30 September 2021
Rajendra Narottamdas Sheth & ANR. v. Chandra Prakash Jain & ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 579 · [2021] 7 S.C.R. 838
- Case number
- CIVIL APPEAL No. 4222/2020
- Decided
- 30 September 2021
- Bench
- L. NAGESWARA RAO, BHUSHAN RAMKRISHNA GAVAI, B.V. NAGARATHNA (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Limitation Act Section 18, 238A; IBC Section 7
Headnote
COURT REPORTS [2021] 7 S.C.R. RAJENDRA NAROTTAMDAS SHETH & ANR. v. CHANDRA PRAKASH JAIN & ANR. (Civil Appeal No. 4222 of 2020) SEPTEMBER 30, 2021 [L. NAGESWARA RAO, B. R. GAVAI, B. V. NAGARATHNA, JJ. ] Insolvency and Bankruptcy Code, 2016 - s. 7 - Maintainability of - - The Corporate Debtor was unable to settle the dues of the Financial Creditor in time - The account of the Corporate Debtor was declared as Non-Performing Asset (NPA) - The Financial Creditor issued notice for recovery of all dues payable - Pursuant to the
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