Supreme Court of India

Essar House Private Limited v. Arcellor Mittal Nippon Steel India Limited

Neutral citation
Reported as [2022] 11 S.C.R. 1001
Bench Indira Banerjee and A.S. Bopanna JJ.
Decided 14 September 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.

2 Supreme Court benches have cited this judgment.

From the headnote

Arbitration and Conciliation Act, 1996 – s.9 – Inso lvency and Bankruptcy Code, 2016 – ss.7, 14 – Code of Civil Pr ocedure, 1908 – Or.38, r.5 – sum of about Rs.35 crores and Rs.47 crores was paid by Essar Steel to the appellant shere in (Essar Ho use Private and Essar Services)respectively, by way of refundab le security deposit – petition was filed u/s.7, IBC for initiation of IR Pagainst Essar Steel – Respondent, as resolution applicant s ubmitted a Resolution Plan in respect of Essar Steel which was approved– Respondent took over Essar Steel – Sent legal notices call ing upon the

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