Supreme Court · 2023 INSC 10 · Decided 4 January 2023
Sabarmati Gas Limited v. Shah Alloys Limited
- Court
- Supreme Court of India
- Citation
- 2023 INSC 10 · [2023] 4 S.C.R. 188
- Case number
- CIVIL APPEAL No. 1669/2020
- Decided
- 4 January 2023
- Bench
- AJAY RASTOGI, C.T. RAVIKUMAR (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Limitation Act Section 5, 14, 137; IBC Section 6, 8, 9, 62, 238A, 252, 7
Headnote
Insolvency and Bankruptcy Code, 2016 - ss. 6, 8, 9, 62, 238A, 252 - Sick Industrial Companies (Special Provisions) Act, 1985 - ss. 16, 17, 22, 25 - Limitation Act, 1963 - s.5,14 and Art. 137 - Insolvency and Bankruptcy (Application to r. 5, Form no. 3 - Appellant and respondent entered into a Gas Sales Agreement (GSA) whereunder the appellant was having the obligation to supply natural gas - Thereafter, the respondent made default in the payment of the invoices - Respondent approached BIFR and it was
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