Supreme Court on IBC – Page 2

Mukesh Suman

Advocate | Educator | Author

30 December 2024 Mukesh Kumar Suman

SURAKSHA ASSET RECONSTRUCTION LTD VS VARSHA BAGRI, LIQUIDATOR : CASE SUMMARY

The NCLAT in Suraksha Asset Reconstruction Ltd. Vs. Varsha Bagri, Liquidator Company Appeal (AT) (Insolvency) No. 650 of 2024 held

Supreme Court on IBC

30 December 2024 Mukesh Kumar Suman

SHIKSHAK SAHAKARI BANK LTD VS MR. JAGDISH KUMAR PARULKAR, LIQUIDATOR : CASE SUMMARY

The National Company Law Appellate Tribunal (NCLAT) in Shikshak Sahakari Bank Ltd. Vs. Mr. Jagdish Kumar Parulkar, Liquidator held that Liquidator is entitled to a fee under Regulation 4 (2) (b) only when he has actually realized or distributed any amount is not tenable in light of Regulation 21 A of IBBI (Liquidation Process) Regulations, 2016.

Supreme Court on IBC

24 December 2024 Mukesh Kumar Suman

CHINA DEVELOPMENT BANK VS. DOHA BANK Q.P.S.C. : CASE SUMMARY

The Supreme Court in China Development Bank Vs Doha Bank Q.P.S.C. (Civil Appeal No. 7298/2022) held that held that that

Judgments Supreme Court on IBC

17 November 2024 Mukesh Kumar Suman

MISS MOHINI JAIN VS STATE OF KARNATAKA : CASE SUMMARY

The Supreme Court held in Miss Mohini Jain Vs. State of Karnataka (1992) 3 SCR 658 that right to education flows directly from right to life under Article 21 of the Constitution. The right to life and the dignity of an individual cannot be assured unless it is accompanied by the right to education.

Judgments Supreme Court on IBC

9 November 2024 Mukesh Kumar Suman

STATE BANK OF INDIA VS CONSORTIUM OF MURARI LAL JALAN AND MR. FLORIAN FRITSCH : CASE SUMMARY

The Supreme Court in State Bank of India Vs. Consortium of Mr. Murari Lal Jalan and Mr. Florian Fritsch (Civil Appeal No. 5023 – 5024/2024) held that one of the key objectives of the IBC is to ensure the survival of the Corporate Debtor as a going concern, yet the same must not come at the cost of efficiency. “Timely liquidation” should be preferred over an “endless resolution process”

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