Supreme Court of India

M/s Vistra Itcl (india) Ltd & Ors. v. Mr. Dinkar Venkatasubramanian & Anr.

Neutral citation
Reported as [2023] 6 S.C.R. 806
Bench M. R. Shah and Sanjiv Khanna JJ.
Decided 4 May 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.

1 Supreme Court bench has cited this judgment.

From the headnote

Insolvency and Bankruptcy Code, 2016: ss. 30, 52 and 53 – Claim of the appellant as financial creditor of the corporate debtor on basis of the pledged shares – Entitlement to – On fact s, corporate debtor approached the appellants to extend a short- term loan facility to its group companies for the ultimate en d use of the corporate debtor – It was an understanding that the corporate debtor would create first ranking exclusive securit y by way of pledging shares held by the corporate debtor – Execution of Secur ity Trustee Agreements between the appellant no. 1 and the group companies –

Where later benches applied it

Of those, 1 referred to

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