Supreme Court of India
Kridhan Infrastructure Pvt. Ltd. (now Known as Krish Steel and Trading Pvt Ltd) v. Venkatesan Sankaranarayan & Ors.
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1 Supreme Court bench has cited this judgment.
From the headnote
Insolvency and Bankruptcy Code, 2016 – The appellan t submitted a resolution plan for a company which was undergoing the Corporate Insolvency Resolution Process (CIRP) under t he 2016 Code – The Resolution Plan was approved by the Comm ittee of Creditors (CoC) and National Company Law Tribunal ( NCLT) – Accordingly, the appellant deposited an amount of Rs .5 crores in an escrow account of the corporate debtor – However , further obligations were not fulfilled by the appellant under the Res olution Plan despite numerous opportunities – As a result on 11.11.2019, the CoC voted for the
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- 2024 State Bank of India & Ors. v. The Consortium of Mr. Murari Lal Jalan and Mr. Florian Fritsch & Anr.
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