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Supreme Court of India

Indus Biotech Private Limited v. Kotak India Venture (offshore) Fund (earlier Known as Kotak India Venture Limited) & Ors.

Neutral citation
Reported as [2021] 7 S.C.R. 112
Bench S. A. Bobde, A. S. Bopanna and V. Ramasubramanian JJ.
Decided 26 March 2021

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.

2 Supreme Court benches have cited this judgment.

From the headnote

Insolvency and Bankruptcy Code, 2016 – s. 7 – Arbitr ation and Conciliation Act, 1996: s. 8 – Dispute between petiti oner and respondents as regards calculation and conversion f ormula to be applied in converting the preference shares of respon dent no. 1 to 4 invested in petitioner company, into equity shares – Res pondents sought certain sum, on redemption of Optionally Con vertible Redeemable Preference Shares -OCRPS, but the petitioner company failed to redeem the OCRPS – Respondent sought init iation of Corporate Insolvency Resolution Process u/s. 7 of th e Code – In the said petition,

Authorities it was built on

Where later benches applied it

Of those, 1 relied on · 1 referred to

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