Supreme Court of India

Ghanashyam Mishra and Sons Private Limited through the Authorized Signatory v. Edelweiss Asset Reconstruction Company Limited through the Director & Ors.

Neutral citation
Reported as [2021] 13 S.C.R. 737
Bench R. F. Nariman, B. R. Gavai and Hrishikesh Roy JJ.
Decided 13 April 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.

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From the headnote

Insolvency and Bankruptcy Code, 2016 s. 31 – Approval of resolution plan – Corporate Insol vency Resolution Process – Resolution plan – Extent and scop e of, after approval – Held: Once a resolution plan is duly app roved by the Adjudicating Authority under sub-section (1) of s. 31, the clai ms as provided in the resolution plan shall stand frozen and would be binding on the Corporate Debtor and its employees, members, creditors, including the Central Government, any State Gov ernment or any local authority, guarantors and other stakeholders – On the date of approval of resolution plan by the

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