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Supreme Court of India

Pioneer Urban Land and Infrastructure Limited & Anr. v. Union of India & Ors.

Neutral citation
Reported as [2019] 10 S.C.R. 381
Bench R.F. Nariman, Sanjiv Khanna and Sur Ya Kant JJ.
Decided 9 August 2019

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

26 Supreme Court benches have cited this judgment.

From the headnote

Insolvency and Bankruptcy Code, 2016: ss. 5(8)(f), 21(6A)(b) and 25A – Amendments made to the Code vide Amendment Act, which deem allottees of r eal estate pr ojects to be “financial cr editors” so that they may initiate insolvency proceedings u/s. 7 against the r eal estate developer and being financial creditors, were entitled to be r epresented in the Committee of Cr editors by authorised r epresentatives – Constitutional validity of amendments made to the Code – Held: Constitutionality of the Amendment Act is upheld – Amendment to the Code does not infringe Arts. 14, 19(1)(g) r/w Art.

Authorities it was built on

Where later benches applied it

Of those, 12 relied on · 14 referred to

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