Supreme Court of India

Manish Kumar v. Union of India and Another

Neutral citation
Reported as [2021] 14 S.C.R. 895
Bench Rohinton Fali Nariman, Na Vin Sinha and K. M. Joseph JJ.
Decided 19 January 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.

4 Supreme Court benches have cited this judgment.

From the headnote

Insolvency and Bankruptcy Code (Amendment) Act, 202 0 – s.3 –s.3 of the impugned amendment, amended s.7(1) of the Insolvency and Bankruptcy Code, 2016, incorporating three provisos to s.7(1) – Under the second proviso, a new threshold w as declared for an allottee to move an application u/s.7 for tr igerring the insolvency resolution process under the Code – The second proviso provided that for financial creditors who w ere allottees under a real estate project, an application for initiat ing corporate insolvency resolution process against the corporate d ebtor was to be filed jointly by not

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