Supreme Court of India · 2021-12-01
Committee Of Creditors Of Amtek Auto ... vs Dinkar T. Venkatsubramanian
- Court
- Supreme Court of India
- Petitioner
- Committee Of Creditors Of Amtek Auto ...
- Respondent
- Dinkar T. Venkatsubramanian
- Author
- M.R. Shah
- Bench
- Sanjiv Khanna, M.R. Shah
Judgment text excerpt
The Supreme Court addressed the appeal by the Committee of Creditors of Amtek Auto Limited against the National Company Law Appellate Tribunal's decision regarding the insolvency resolution process. The court examined the validity of the resolution plans submitted by the prospective applicants and the procedural adherence to the Insolvency and Bankruptcy Code, 2016. Ultimately, the court upheld the Appellate Authority's decision, reinforcing the importance of following due process in insolvency matters.