Supreme Court on IBC

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.

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”

The Supreme Court in V. S. Palanivel Vs. P. Sriram, CS, Liquidator  (Civil Appeal No.  9059- 9061 of 2022 )

The Supreme Court in Manish Kumar Vs Union of India  (2021) 5  SCC 1  held that Section 3, 4 and

The Supreme Court in ArcelorMittal India Pvt Ltd. Vs Satish Kumar Gupta (2019) 2 SCC 1 held that stage of