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february 2022

Supreme Court of India · 2022-02-25

AJAY GUPTA vs PRAMOD KUMAR SHARMA

Citation / case number
SC 2022/4556
Court
Supreme Court of India
Petitioner
AJAY GUPTA
Respondent
PRAMOD KUMAR SHARMA
Author
HON'BLE MR. JUSTICE DINESH MAHESHWARI
Bench
HON'BLE MR. JUSTICE VIKRAM NATH HON'BLE MR. JUSTICE DINESH MAHESHWARI

Judgment text excerpt

The Supreme Court dismissed the appeal challenging the decision of the National Company Law Appellate Tribunal regarding the corporate insolvency resolution process of B.B. Foods Pvt. Ltd. The court found no compelling reason to interfere with the Appellate Tribunal's order that allowed the amendment of the appellant's resolution plan while permitting other applicants to modify their plans. The decision underscores the court's deference to the procedural integrity of the insolvency resolution process.

AJAY GUPTA vs PRAMOD KUMAR SHARMA · Niyam