Supreme Court of India

Devas Multimedia Private Ltd. v. Antrix Corporation Ltd. & Anr

Neutral citation
Reported as [2022] 11 S.C.R. 291
Bench Hemant Gupta and V . Ramasubramanian JJ.
Decided 17 January 2022

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.

What the Court ordered

Resultantly came into force on 15.11.2016. 8.8 In contrast, the provisions of Sections 4 to 32 of IBC came into force on 1.12.2016 vide S.O 3594(E) dated 30.11 .2016.

Judgment, page 50

From the headnote

Company Law – Winding up of a company – Fraud as a ground for winding up – Distinguishing features between Companie s Act, 1956 and Companies Act, 2013, with regard to q uestion of availability of fraud as a ground for winding up of a company – Discussed – Held: The main departure of the Companies Act, 2013 from the statutory regime of the Companies Act, 1956, is the specific inclusion of fraud, directly as one of the circumstance s in which a company could be wound up – s.271 of the 2013 Act li sts out the circumstances in which a company may be wound up – Fraud has now directly become

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