AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITED vs R.K. MOHATTA FAMILY TRUST

The Supreme Court examined the validity of the High Court's dismissal of an interim application related to a resolution plan for Reliance Home Finance Limited (RHFL), in light of the Securities and Exchange Board of India v. Rajkumar Nagpal case. The appeals involved disputes over the approval process of the resolution plan under the Insolvency and Bankruptcy Code, 2016. The Court analyzed whether procedural and substantive requirements were met for the approval of the resolution plan and the dissolution of RHFL. The judgment underscores the importance of adhering to statutory provisions and procedural fairness in insolvency proceedings.