TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India's SC Rules Appellants' Claim Untimely Under Insolvency & Bankruptcy Code, Dismissing Appeals and Applications.</h1> <h3>COMMISSIONER OF SALES TAX, ORISSA & ORS. Versus M/s SREI EQUIPMENT FINANCE LTD. & ANR.</h3> The SC of India determined that the appellants' claim was untimely under Section 31 of the Insolvency and Bankruptcy Code, 2016. Citing precedent, the SC ... Failure to make claim in time as per Section 31 of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- In view of the judgment of this Court in a case of GHANASHYAM MISHRA AND SONS PRIVATE LIMITED THROUGH THE AUTHORIZED SIGNATORY VERSUS EDELWEISS ASSET RECONSTRUCTION COMPANY LIMITED THROUGH THE DIRECTOR & ORS. [2021 (4) TMI 613 - SUPREME COURT], the demand made by the appellants herein would no longer survive for consideration. Appeal disposed off. The Supreme Court of India ruled that the appellants' claim was not made in time under Section 31 of the Insolvency and Bankruptcy Code, 2016. Referring to a previous case, the Court stated that the demand made by the appellants no longer stands for consideration. The appeals were disposed of based on this decision. Any pending applications were also disposed of.
TaxTMI 
TaxTMI 
