Supreme Court of India

Electrosteel Castings Limited v. Uv Asset Reconstruction Company Limited & Ors.

Neutral citation
Reported as [2021] 7 S.C.R. 532
Bench M. R. Shah and Sanjiv Khanna JJ.
Decided 26 November 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.

1 Supreme Court bench has cited this judgment.

From the headnote

Securitisation and Reconstruction of Financial Asse ts and Enforcement of Security Interest Act, 2002: s.34 – Civil court not to have jurisdiction – On facts, suit filed by the appell ant-Guarantor seeking declaration that the Assignee acquired no r ights against the applicant under the Assignment Deed and that the As signee is not a secured creditor vis-à-vis the applicant – Ap pellant’s case that in view of the approved resolution plan under IBC, t he original corporate debtor being discharged, there shall not be any debt so far as the appellant-guarantor is concerned and thus, the assi

Where later benches applied it

Of those, 1 referred to

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