Supreme Court · 2021 INSC 199 · Decided 22 March 2021
Sesh Nath Singh & ANR. v. Baidyabati Sheoraphuli Co-Operative Bank LTD. and ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 199 · [2021] 3 S.C.R. 806
- Case number
- CIVIL APPEAL No. 9198/2019
- Decided
- 22 March 2021
- Bench
- INDIRA BANERJEE, HEMANT GUPTA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- CPC; Limitation Act Section 137, 5, 14(2), 14; IBC Section 7, 238A; SARFAESI Act Section 238A
Headnote
Insolvency and Bankruptcy Code, 2016: Object and Reasons of the enactment of the Code - Held : Is to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership in a time bound manner, for maximization of the value of the assets of such persons, to promote entrepreneurship, availability of credit and to balance the interest of all the stakeholders. Insolvency and Bankruptcy Code, 2016: s.7 - Application under - When any corporate debtor
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)