Supreme Court of India

Ashok G. Rajani v. Beacon Trusteeship Ltd. & Ors

Neutral citation
Reported as [2022] 18 S.C.R. 133
Bench Indira Banerjee and J.K. Maheshwari JJ.
Decided 22 September 2022
Status Distinguished

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

Insolvency and Bankruptcy Code, 2016 - Ss. 7, 12A, 62 – Arbitration proceedings between corporate debtor and r espondent no. 1 to 3 were pending – Respondent nos.1 to 3 filed application u/s.7 of IBC before the NCLT – Arbitrator passed awar d directing corporate debtor to make payment – Parties arrived at a set tlement – NCLAT considering settlement granted interim stay of publication u/s. 13 of the IBC – Parties filed application u/s. 12A of I BC before the NCLT with the consent of IRP and the same was p ending – However, NCLAT staying the formation of CoC, permitte d the IRP to issue

Where later benches applied it

Of those, 1 distinguished

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