Supreme Court · 2024 INSC 659 · Decided 28 August 2024

V.S. Palanivel v. P. Sriram, CS, Liquidator, ETC.

Court
Supreme Court of India
Citation
2024 INSC 659 · [2024] 8 S.C.R. 1263
Case number
CIVIL APPEAL No. 9059/2022
Decided
28 August 2024
Bench
HIMA KOHLI, AHSANUDDIN AMANULLAH (2-judge bench)
Outcome
Case Partly allowed
Case type
Civil
Acts & sections cited
IBC

Headnote

(i) Whether the Tribunal was right in accepting the view taken by the Adjudicating Authority that Covid-19 lockdown was a valid reason for extension of time to deposit the balance sale consideration; (ii) Whether the appellant was justified in alleging that the (iii) Whether it was incumbent for the Liquidator to constitute a Stakeholders' Consultation Committee; (iv) Whether Liquidator had violated Regulation 33 of the IBBI Regulations, 2016; (v) What is the import of the order of attachment issued by the Income Tax Authorities in

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