Supreme Court · 2022 INSC 1081 · Decided 13 October 2022

Rajratan Babulal Agarwal v. Solartex India PVT. LTD.& ORS.

Court
Supreme Court of India
Citation
2022 INSC 1081 · [2022] 7 S.C.R. 755
Case number
CIVIL APPEAL No. 2199/2021
Decided
13 October 2022
Bench
K.M. JOSEPH, HRISHIKESH ROY (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
IBC Section 9

Headnote

Insolvency and Bankruptcy Code, 2016 - s.9 - Application under - Corporate Insolvency Resolution process - 'Pre-existing dispute' - Application filed by first respondent u/s.9 of IBC against the second respondent - Case premised on there being a sale - The third respondent was the Interim Resolution Professional - Appellant is an ex-director of the second respondent - NCLT rejected the version of the appellant that there existed a pre-existing dispute and admitted application filed by first respondent u/s.9 of IBC

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