The Preamble of the IBC
"An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto."
List of 91 important Judgements in Insolvency and Bankruptcy Code (IBC), 2016
| Category | Landmark decisions |
|---|---|
| Evergreen Landmark Judgments | 1. Innoventive Industries Ltd. v. ICICI Bank & Anr. (2017) ibclaw.in 02 SC 2. Arcelormittal India Pvt. Lt. v. Satish Kumar Gupta & Ors. (2018) ibclaw.in 31 SC 3. Swiss Ribbons Pvt. Ltd. & Anr. v. Union of India & Ors. (2019) ibclaw.in 03 SC 4. CoC of Essar Steel India Ltd. v. Satish Kumar Gupta & Ors. (2019) ibclaw.in 07 SC |
| Judgments on Initiation of CIRP | 1. Mobilox Innovations Pvt. Ltd. v. Kirusa Software Pvt. Ltd. (2017) ibclaw.in 01 SC 2. Macquarie Bank Ltd. v. Shilpi Cable Technologies Ltd (2017) ibclaw.in 14 SC 3. K. Kishan v. Vijay Nirman Company Pvt. Ltd. (2018) ibclaw.in 01 SC 4. Transmission Corporation of AP Ltd. v. Equipment Conductors & Cables Ltd. (2018) ibclaw.in 33 SC 5. Laxmi Pat Surana v. Union Bank of India & Anr. (2021) ibclaw.in 53 SC 6. Orator Marketing Pvt. Ltd. v. Samtex Desinz Pvt. Ltd. (2021) ibclaw.in 68 SC 7. Dena Bank v. C. Shivakumar Reddy and Anr. (2021) ibclaw.in 69 SC 8. E S Krishnamurthy & Ors. v. Bharath Hi Tech Builders Pvt. Ltd. (2021) ibclaw.in 173 SC 9. New Okhla Industrial Development Authority v. Anand Sonbhadra (2022) ibclaw.in 38 SC 10. Kotak Mahindra Bank Ltd. v. A. Balakrishnan & Anr. (2022) ibclaw.in 62 SC 11. Vidarbha Industries Power Ltd. v. Axis Bank Ltd. (2022) ibclaw.in 91 SC 12. Asset Reconstruction Company (India) Ltd. v. Tulip Star Hotels Ltd. & Ors. (2022) ibclaw.in 94 SC 13. Sundaresh Bhatt v. Central Board of Indirect Taxes and Customs (2022) ibclaw.in 103 SC 14. In Re: Interplay Between Arbitration Agreements under the Arbitration and Conciliation Act 1996 and the Indian Stamp Act 1899 (2023) ibclaw.in 153 SC |
| Judgments on Home Buyers/ Real Estate Insolvency | 1. Pioneer Urban Land and Infrastructure Ltd. & Anr. v. Union of India & Ors. (2019) ibclaw.in 13 SC 2. Manish Kumar v. Union of India and Anr. (2021) ibclaw.in 16 SC 3. Vishal Chelani & Ors. v. Debashis Nanda RP Bulland Buildtech Pvt. Ltd. (2023) ibclaw.in 117 SC 4. Jaypee Kensington Boulevard Apartments Welfare Association & Ors. v. NBCC (India) Ltd. & Ors. (2021) ibclaw.in 63 SC |
| Moratorium under Section 14 of IBC | 1. State Bank of India v. V. Ramakrishnan & Anr. (2018) ibclaw.in 29 SC 2. New Delhi Municipal Council v. Minosha India Ltd. (2022) ibclaw.in 31 SC 3. Indian Overseas Bank v. RCM Infrastructure Ltd. (2022) ibclaw.in 39 SC 4. Sundaresh Bhatt v. Central Board of Indirect Taxes and Customs (2022) ibclaw.in 103 SC 5. P. Mohanraj & Ors. v. Shah Brothers Ispat Pvt. Ltd. (2021) ibclaw.in 24 SC 6. Alchemist Asset Reconstrution Company Ltd. v. Hotel Gaudavan Pvt. Ltd. & Ors. (2017) ibclaw.in 09 SC 7. Bharti Airtel Ltd. and Anr. v. Vijaykumar V. Iyer and Ors. (2024) ibclaw.in 02 SC 8. Dilip B. Jiwrajka v. Union of India & Ors. (2023) ibclaw.in 147 SC 9. Ajay Kumar Radheshyam Goenka v. Tourism Finance Corporation of India Ltd. (2023) ibclaw.in 30 SC 10. Rajendra K. Bhutta v. Maharashtra Housing and Area Development Authority and Anr. (2020) ibclaw.in 27 SC |
| Claim Filing under Insolvency | 1. Greater Noida Industrial Development Authority v. Prabhjit Singh Soni and Anr. (2024) ibclaw.in 53 SC 2. RPS Infrastructure Ltd. v. Mukul Kumar & Anr. (2023) ibclaw.in 102 SC 3. In Re: Interplay Between Arbitration Agreements under the Arbitration and Conciliation Act 1996 and the Indian Stamp Act 1899 (2023) ibclaw.in 153 SC |
| Judgments on CIRP proceedings | 1. Brilliant Alloys Pvt. Ltd. v. Mr. S. Rajagopal & Ors. (2018) ibclaw.in 35 SC 2. P. Mohanraj & Ors. v. Shah Brothers Ispat Pvt. Ltd. (2021) ibclaw.in 24 SC 3. Gujarat Urja Vikas Nigam Ltd. v. Mr. Amit Gupta & Ors (2021) ibclaw.in 44 SC 3. Bharti Airtel Ltd. and Anr. v. Vijaykumar V. Iyer and Ors. (2024) ibclaw.in 02 SC 4. In Re: Interplay Between Arbitration Agreements under the Arbitration and Conciliation Act 1996 and the Indian Stamp Act 1899 (2023) ibclaw.in 153 SC |
| Resolution Applicant ineligibility u/s 29A of IBC | 1. Arcelormittal India Pvt. Ltd. v. Satish Kumar Gupta & Ors. (2018) ibclaw.in 31 SC 2. Arun Kumar Jagatramka v. Jindal Steel & Power Ltd. & Anr. (2021) ibclaw.in 46 SC 3. Bank of Baroda & Anr. v. MBL Infrastructures Ltd. & Ors. (2022) ibclaw.in 05 SC |
| Secured Creditors & Unsecured Creditors & Dissenting Financial Creditors and Related Party judgments | 1. Pr. Commissioner of Income Tax v. Monnet Ispat & Energy Ltd. (2018) ibclaw.in 30 SC 2. Swiss Ribbons Pvt. Ltd. & Anr. v. Union of India & Ors. (2019) ibclaw.in 03 SC 3. Maharasthra Seamless Ltd. v. Padmanabhan Venkatesh & Ors. (2020) ibclaw.in 03 SC 4. Phoenix ARC Pvt. Ltd. v. Spade Financial Services Ltd. & Ors. (2021) ibclaw.in 03 SC 5. Jaypee Kensington Boulevard Apartments Welfare Association & Ors. v. NBCC (India) Ltd. & Ors. (2021) ibclaw.in 63 SC 6. India Resurgence ARC Pvt. Ltd. v. M/S. Amit Metaliks Ltd. & Anr. (2021) ibclaw.in 87 SC 7. Pratap Technocrats (P) Ltd. & Ors. v. Monitoring Committee of Reliance Infratel Ltd. & Anr. (2021) ibclaw.in 148 SC 8. State Tax Officer v. Rainbow Papers Ltd. (2022) ibclaw.in 107 SC 9. Industrial Development Bank of India(IDBI) v. Superintendent of Central Excise and Customs and Ors. (2023) ibclaw.in 91 SC 10. Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Pvt. Ltd. & Ors. (2023) ibclaw.in 81 SC 11. Vistara ITCL (India) Ltd. & Ors. v. Mr. Dinkar Venkatasubramanian & Ors. (2023) ibclaw.in 62 SC |
| Judgments on Approval of Resolution Plan | 1. CoC of Essar Steel India Ltd. v. Satish Kumar Gupta & Ors. (2019) ibclaw.in 07 SC 2. Municipal Corporation of Greater Mumbai (MCGM) v. Abhilash Lal & Ors. (2019) ibclaw.in 28 SC 3. Ghanashyam Mishra & Sons Pvt. Ltd. v. Edelweiss Asset Reconstruction Company Ltd. & Ors. (2021) ibclaw.in 54 SC 4. Lalit Kumar Jain v. Union of India & Ors. (2021) ibclaw.in 61 SC 6. Ebix Singapore Pvt. Ltd. v. CoC of Educomp Solutions Ltd. & Anr. (2021) ibclaw.in 153 SC 7. Greater Noida Industrial Development Authority v. Prabhjit Singh Soni and Anr. (2024) ibclaw.in 53 SC 8. Maitreya Doshi v. Anand Rathi Global Finance Ltd. And Anr. (2022) ibclaw.in 114 SC 9. Sunil Kumar Jain & Ors. v. Sundaresh Bhatt & Ors. (2022) ibclaw.in 23 SC 10. Vijay Kumar Jain v. Standard Chartered Bank & Ors. (2019) ibclaw.in 24 SC |
| Judgments on Section 32A and post approval of Resolution Plan (Theory of Clean Slate) | 1. Manish Kumar v. Union of India and Anr. (2021) ibclaw.in 16 SC 2. P. Mohanraj & Ors. v. Shah Brothers Ispat Pvt. Ltd. (2021) ibclaw.in 24 SC |
| Preferential, Undervalued Transactions under Sec. 43, 44, 45 (Judgments PUFE Transactions) | Anuj Jain IRP for Jaypee Infratech Ltd. v. Axis Bank Ltd. (2020) ibclaw.in 06 SC |
| Jurisdiction of NCLT & NCLAT and Power of CoC & Principle of Commercial Wisdom by Supreme Court | 1. Embassy Property Developments Pvt. Ltd. v. State of Karnataka & Ors. (2020) ibclaw.in 12 SC 2. Greater Noida Industrial Development Authority v. Prabhjit Singh Soni and Anr. (2024) ibclaw.in 53 SC 3. E S Krishnamurthy & Ors. v. Bharath Hi Tech Builders Pvt. Ltd. (2021) ibclaw.in 173 SC 4. Tata Consultancy Services Ltd. v. Vishal Ghisulal Jain (2021) ibclaw.in 167 SC 5. Ebix Singapore Pvt. Ltd. v. CoC of Educomp Solutions Ltd. & Anr. (2021) ibclaw.in 153 SC 6. Pratap Technocrats (P) Ltd. & Ors. v. Monitoring Committee of Reliance Infratel Ltd. & Anr. (2021) ibclaw.in 148 SC 7. Kalpraj Dharamshi & Anr. v. Kotak Investment Advisors Ltd. & Anr. (2021) ibclaw.in 40 SC 8. Gujarat Urja Vikas Nigam Ltd. v. Mr. Amit Gupta & Ors (2021) ibclaw.in 44 SC 9. K. Sashidhar v. Indian Overseas Bank & Ors. (2019) ibclaw.in 08 SC 10. CoC of Essar Steel India Ltd. v. Satish Kumar Gupta & Ors. (2019) ibclaw.in 07 SC 11. Maharasthra Seamless Ltd. v. Padmanabhan Venkatesh & Ors. (2020) ibclaw.in 03 SC 12. Phoenix ARC Pvt. Ltd. v. Spade Financial Services Ltd. & Ors. (2021) ibclaw.in 03 SC |
| Personal Guarantors & Corporate Guarantors Insolvency (Interpretation by landmark judgment) | 1. Dilip B. Jiwrajka v. Union of India & Ors. (2023) ibclaw.in 147 SC 2. State Bank of India v. V. Ramakrishnan & Anr. (2018) ibclaw.in 29 SC 3. Laxmi Pat Surana v. Union Bank of India & Anr. (2021) ibclaw.in 53 SC 4. Lalit Kumar Jain v. Union of India & Ors. (2021) ibclaw.in 61 SC 5. Maitreya Doshi v. Anand Rathi Global Finance Ltd. and Anr. (2022) ibclaw.in 114 SC 6. Ram Kishun & Ors v. State of U.P. & Ors. (2017) ibclaw.in 783 SC 7. Bank of Bihar Ltd. v. Damodar Prasad & Anr. (2017) ibclaw.in 21 SC |
| Liquidation Proceedings | 1. ICICI Bank Ltd. v. SIDCO Leathers Ltd. & Ors. (2017) ibclaw.in 103 SC 2. Bharti Airtel Ltd. and Anr. v. Vijaykumar V. Iyer and Ors. (2024) ibclaw.in 02 SC 3. Eva Agro Feeds Pvt. Ltd. v. Punjab National Bank and Anr. (2023) ibclaw.in 98 SC 4. Moser Baer Karamchari Union v. Union of India and Ors. (2023) ibclaw.in 59 SC 5. State Tax Officer v. Rainbow Papers Ltd. (2022) ibclaw.in 107 SC 6. R.K. Industries (Unit-II) LLP v. H.R. Commercials Pvt. Ltd. and Ors. (2022) ibclaw.in 104 SC 7. Sundaresh Bhatt v. Central Board of Indirect Taxes and Customs (2022) ibclaw.in 103 SC |
| Insolvency Professional | 1. IBBI v. Satyanarayan Bankatlal Malu and Ors. (2024) ibclaw.in 117 SC 2. Regen Powertech Pvt. Ltd. v. Giriraj Enterprises & Anr. (2023) ibclaw.in 111 SC |
| Filing of Appeal | 1. Kalpraj Dharamshi & Anr. v. Kotak Investment Advisors Ltd. & Anr. (2021) ibclaw.in 40 SC 2. V Nagarajan v. SKS Ispat and Power Ltd. (2021) ibclaw.in 157 SC 3. Sanjay Pandurang Kalate v. Vistra ITCL (India) Ltd. and Ors. (2023) ibclaw.in 154 SC 4. Safire Technologies Pvt. Ltd. v. Regional Provident Fund Commissioner (2022) ibclaw.in 33 SC 5. Sanket Kumar Agarwal & Anr v. APG Logistics Pvt. Ltd. (2023) ibclaw.in 72 SC 6. Mobilox Innovations Pvt. Ltd. v. Kirusa Software Pvt. Ltd. (2017) ibclaw.in 01 SC 7. National Spot Exchange Ltd. v. Mr. Anil Kohli (RP) (2021) ibclaw.in 151 SC 8. Assam Urban Water Supply & Sew. Board v. Subash Projects & Marketing Ltd. (2017) ibclaw.in 491 SC 9. Bhimashankar Sahakari Sakkare Karkhane Niyamita v. Walchandnagar Industries Ltd. (WIL) (2023) ibclaw.in 42 SC 10. Sagufa Ahmed & Ors. v. Upper Assam Plywood Products Pvt. Ltd. & Ors. (2020) ibclaw.in 28 SC |
| Arbitration Law vs. IBC | 1. Mobilox Innovations Pvt. Ltd. v. Kirusa Software Pvt. Ltd. (2017) ibclaw.in 01 SC 2. Alchemist Asset Reconstrution Company Ltd. v. Hotel Gaudavan Pvt. Ltd. & Ors. (2017) ibclaw.in 09 SC 3. K. Kishan v. Vijay Nirman Company Pvt. Ltd. (2018) ibclaw.in 01 SC 4. Transmission Corporation of Andhra Pradesh Ltd. v. Equipment Conductors & Cables Ltd. (2018) ibclaw.in 33 SC 5. K. Sashidhar v. Indian Overseas Bank & Ors. (2019) ibclaw.in 08 SC 6. Hindustan Construction Company Ltd. & Anr. v. Union of India & Ors. (2019) ibclaw.in 21 SC 7. Maharasthra Seamless Ltd. v. Padmanabhan Venkatesh & Ors. (2020) ibclaw.in 03 SC 8. P. Mohanraj & Ors. v. Shah Brothers Ispat Pvt. Ltd. (2021) ibclaw.in 24 SC 9. Kalpraj Dharamshi & Anr. v. Kotak Investment Advisors Ltd. & Anr. (2021) ibclaw.in 40 SC 10. Indus Biotech Pvt. Ltd. v. Kotak India Venture Fund-I (2021) ibclaw.in 52 SC 11. New Delhi Municipal Council v. Minosha India Ltd. (2022) ibclaw.in 31 SC 14. RPS Infrastructure Ltd. v. Mukul Kumar & Anr. (2023) ibclaw.in 102 SC |
| Negotiable Instruments Act, 1881 vs. IBC | 1. P. Mohanraj & Ors. v. Shah Brothers Ispat Pvt. Ltd. (2021) ibclaw.in 24 SC 2. Ajay Kumar Radheshyam Goenka v. Tourism Finance Corporation of India Ltd. (2023) ibclaw.in 30 SC |
| Invoking jurisdiction of High Court under Article 226 | 1. Godrej Sara Lee Ltd. v. The Excise and Taxation Officer-Cum-Assessing Authority & Ors. (2023) ibclaw.in 11 SC 2. UP Power Transmission Corporation Ltd. and Anr. v. CG Power & Industrial Solutions Ltd. & Anr. (2021) ibclaw.in 60 SC 3. Embassy Property Developments Pvt. Ltd. v. State of Karnataka & Ors. (2020) ibclaw.in 12 SC |
| Landmark Case Laws on Period of Limitation under IBC | 1. B. K. Educational Services Pvt. Ltd. v. Parag Gupta & Associates (2018) ibclaw.in 32 SC 2. Vashdeo R Bhojwani v. Abhyudaya Co-Operative Bank Ltd & Anr. (2019) ibclaw.in 15 SC 3. Gaurav Hargovindbhai Dave v. Asset Reconstruction Company (India) Ltd. & Anr. (2019) ibclaw.in 16 SC 4. Jignesh Shah & Anr. v Union of India & Anr. (2019) ibclaw.in 19 SC 5. Sagar Sharma & Anr. v. Phoenix Arc Pvt. Ltd. & Anr. (2019) ibclaw.in 17 SC 6. Babulal Vardharji Gurjar v. Veer Gurjar Aluminium Industries Pvt. Ltd. & Anr. (2020) ibclaw.in 16 SC 7. Sagufa Ahmed & Ors. v. Upper Assam Plywood Products Pvt. Ltd. & Ors. (2020) ibclaw.in 28 SC 8. Reliance Asset Reconstruction Company Ltd. v. M/s Hotel Poonja International Pvt. Ltd. (2021) ibclaw.in 59 SC 9. Sesh Nath Singh & Anr. v. Baidyabati Sheoraphuli Co-Operative Bank Ltd & Anr. (2021) ibclaw.in 49 SC 10. Laxmi Pat Surana v. Union Bank of India (2021) ibclaw.in 53 SC 11. Asset Reconstruction Company (India) Ltd. v. Bishal Jaiswal & Anr. (2021) ibclaw.in 55 SC 12. Dena Bank v. C. Shivakumar Reddy and Anr. (2021) ibclaw.in 69 SC 13. Kotak Mahindra Bank Ltd. v. A. Balakrishnan & Anr. (2022) ibclaw.in 62 SC 14. Tottempudi Salalith v. State Bank of India & Ors. (2023) ibclaw.in 123 SC 15. Next Education India Pvt. Ltd. v. K12 Techno Services Pvt. Ltd. (2023) ibclaw.in 39 SC Sabarmati Gas Ltd. v. Shah Alloys Ltd. (2023) ibclaw.in 02 SC 16. Tech Sharp Engineers Pvt. Ltd. v. Sanghvi Movers Ltd. (2022) ibclaw.in 112 SC 17. Kotak Mahindra Bank Ltd. v. Kew Precision Parts Pvt. Ltd. & Ors. (2022) ibclaw.in 99 SC |
Last updated on 27.04.2024
