Supreme Court of India
Arun Kumar Jagatramka v. Jindal Steel and Power Ltd. & Anr.
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.
8 Supreme Court benches have cited this judgment.
What the Court ordered
For the above reasons, we have com e to the conclusion that there is no merit in the appeals and the writ petition.
Judgment, page 79
From the headnote
Insolvency and Bankruptcy Code, 2016: s. 29A – Person not eligible to be resolution appli cant – Eligibility of promoter to file application for com promise and arrangement, while he is ineligible u/s. 29A to submi t ‘Resolution Plan’ – On facts, application by GNCL, corporate de btor for initiating the Corporate Insolvency Resolution Process adm itted and the appellant-promoter of GNCL submitted a resoluti on plan for GNCL – However, due to insertion of s. 29A, which dis qualifies a person from being a resolution applicant if they have been a promoter or in the management or control of a
Authorities it was built on
- 2019 Swiss Ribbons Pvt. Ltd. & Anr. v. Union of India & Ors.
- 2019 Committee of Creditors of Essar Steel India Limited through Authorised Signatory v. Satish Kumar Gupta & Ors.
- 2018 Arcelormittal India Private Limited v. Satish Kumar Gupta & Ors.
- 2020 Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited v. Axis Bank Limited Etc. Etc.
- 2018 Chitra Sharma and Ors. v. Union of India and Ors.
- 2002 P.V. Hemalatha v. Kattamkandi Puthiya Maliackal Saheeda and Anr.
- 2012 The Registrar, Rajiv Gandhi University of Health Sciences, Bangalore v. G. Hemlatha and Others.
- 2004 Talcher Municipality v. Talcher Regulated Mkt. Committee and Anr.
- 2001 Jasbir Singh v. Vipin Kumar Jaggi and Ors.
- 2005 Iridium India Telecom Ltd. v. Motorola Inc.
- 2007 M/s Meghal Homes Pvt. Ltd. v. Shree Niwas Girni K.K. Samiti and Ors.
Where later benches applied it
- 2024 Glas Trust Company Llc v. Byju Raveendran & Ors.
- 2024 V.S. Palanivel v. P. Sriram, Cs, Liquidator, Etc.
- 2023 Eva Agro Feeds Private Limited v. Punjab National Bank and Anr.
- 2023 Ramkrishna Forgings Limited v. Ravindra Loonkar, Resolution Profession of Acil Limited & Anr.
- 2023 Moser Baer Karamchari Union Thr. President Mahesh Chand Sharma v. Union of India and Ors.
- 2022 Vallal Rck v. M/s Siva Industries and Holdings Limited and Others
- 2022 Bank of Baroda & Anr v. Mbl Infrastructures Limited & Ors.
- 2021 E S Krishnamurthy & Ors. v. M/s Bharath Hi Tech Builders Pvt. Ltd.
Of those, 3 referred to · 5 mentioned
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