Supreme Court of India · 2019-11-27
HINDUSTAN CONSTRUCTION COMPANY LIMITED vs UNION OF INDIA
- Citation / case number
- SC 2019/29540
- Court
- Supreme Court of India
- Petitioner
- HINDUSTAN CONSTRUCTION COMPANY LIMITED
- Respondent
- UNION OF INDIA
- Author
- HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
- Bench
- HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN, HON'BLE MR. JUSTICE ANIRUDDHA BOSE, HON'BLE MR. JUSTICE V. RAMASUBRAMANIAN
Judgment text excerpt
The Supreme Court addressed the constitutional validity of Section 87 of the Arbitration and Conciliation Act, 1996, as amended by the 2019 Amendment Act, and the repeal of Section 26 of the 2015 Amendment Act. The court examined the implications of these provisions on the rights of the petitioners, particularly in relation to the Insolvency and Bankruptcy Code, 2016. The court ultimately upheld the amendments, affirming their constitutionality and dismissing the challenges posed by the petitioners.