Supreme Court of India

Hari Babu Thota v. *

Neutral citation
Reported as [2023] 16 S.C.R. 917
Bench Sanjay Kishan Kaul and Sudhanshu Dhulia JJ.
Decided 29 November 2023

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

Issue for consideration: Whether the resolution applicant was disqualifi ed under the primary conditions as specifi ed u/s.29A of the Insolvency and Bankruptcy Code, 2016 and; whether t he corporate debtor not having an MSME status at the time of commencement of CIRP proceedings would disqualify the Resolution applicant u/s.29A of the Code as benefi t of s.240A would not be available. Insolvency and Bankruptcy Code, 2016 – ss.29A, 240A – Persons not eligible to be resolution applicant – Application of the Code to micro, small and medium enterprises – Appellant-Resolution Professional presented

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