Supreme Court of India
M/s. Shekhar Resorts Limited (unit of Orient Taj) v. Union of India
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.
What the Court ordered
In view of the above and for the reasons stated above, the present appeal is allowed.
Judgment, page 12
From the headnote
Insolvency and Bankruptcy Code, 2016 : Deposit of settlement amount under the 2019 Scheme, during moratorium – W hen impossible in view of the bar under the IBC – Appellant-corpo rate debtor, if can be made to suffer for no fault of its own and re ndered rememediless – On facts, applicationby financial cr editor of the appellant u/s. 7 – Corporate Insolvency Resolution Process agai nst the appellant – Appellant subjected to moratorium – Thereafter, Resolution plan approved and the appellant applied for “Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019 – ppellant could not pay Rs
Authorities it was built on
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.