Landmark judgment of Supreme Court in Committee of Creditors of Essar Steel India Limited Vs. Satish Kumar Gupta & Ors. – Supreme Court

Landmark judgment of Supreme Court on various issues such Role of the Resolution Professional, Role of the Prospective Resolution Applicant, Role of CoC in CIRP, Jurisdiction of the AA and NCLAT, Secured and Unsecured Creditors, The constitution of sub-committee by the CoC, Extinguishing of rights of creditors against guarantors, Claims, Utilisation of profits of the CD during CIRP, Constitutional validity of the Insolvency and Bankruptcy Code (Amendment) Act, 2019, Constitutional validity of amendment in section 12 of the Code, Constitutional validity of amendment in section 30 of the Code., The resolution plan of ArcelorMittal.

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