Supreme Court of India

Kotak Mahindra Bank Limited v. Kew Precision Parts Private Limited & Ors.

Neutral citation
Reported as [2022] 19 S.C.R. 212
Bench Indira Banerjee and J. K Maheshwari JJ.
Decided 5 August 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.

From the headnote

Insolvency and Bankruptcy Code, 2016 – ss. 7, 8, 9, 14, 238A – The Securitisation and Reconstruction of Financia l Assets and Enforcement of Security Interest Act 2002 – s. 13 (2) – Limitation Act 1963 – Schedule – Art.137 and ss. 5, 18 – Appellant sanctioned loan/credit facilities to Respondent and necessary docume nts were executed between them on 29.11.2012 – Between 23.11. 2012 and 31.12.2013, loan amounts were disbursed – Respondent mortgaged its assets in favour of the Appellant by memorandum dated 13.12.2013 – Respondent defaulted in repaying the d ues, hence declared NPA by the

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