Supreme Court of India · 2021-02-09
Ramesh Kymal vs M/S. Siemens Gamesa Renewable Power ...
- Citation / case number
- AIR 2021 SUPREME COURT 833
- Court
- Supreme Court of India
- Petitioner
- Ramesh Kymal
- Respondent
- M/S. Siemens Gamesa Renewable Power ...
- Author
- D.Y. Chandrachud
- Bench
- D.Y. Chandrachud, M.R. Shah
Judgment text excerpt
The Supreme Court addressed the appeal regarding the maintainability of an application filed by an operational creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, in light of the retrospective amendment introduced by Section 10A. The court upheld the NCLAT's decision that the application was not maintainable due to the provisions of the Amending Act. Consequently, the appeal was dismissed, affirming the lower courts' rulings.