Supreme Court of India
Sabarmati Gas Limited v. Shah Alloys Limited
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From the headnote
Insolvency and Bankruptcy Code, 2016 – ss. 6, 8, 9, 62, 238A, 252 – Sick Industrial Companies (Special Provisions) Act, 1985 – ss. 16, 17, 22, 25 – Limitation Act, 1963 – s.5,14 and Art. 137 – Insolvency and Bankruptcy (Application to Adjudicating Authority), Rules 2016 – r. 5, Form no. 3 – Appellant and respondent ente red into a Gas Sales Agreement (GSA) whereunder the app ellant was having the obligation to supply natural gas – There after, the respondent made default in the payment of the invoices – R espondent approached BIFR and it was declared a ‘sick unit’ – Appellant sought the
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