2021 (2 )BomCR377 , (2021 )1 CompLJ457 (SC ), 2021 INSC 51 , 2021 (2 )RCR(Civil)69 , (2021 )3 SCC475 , [2021 ]165 SCL21 (SC ), [2021 ]15 SCR1079 , ,MANU/SC/0045/2021D.Y. Chandrachud#Indu Malhotra#Indira Banerjee#366SC4550Judgment/OrderAIR#BC#BomCR#CompLJ#INSC#MANU#RCR (Civil)#SCC#SCL#SCRD.Y. Chandrachud,Finance#FinanceSUPREME COURT OF INDIA2021-2-2692402,692446,692445,692447,692385,692390,674208,692425,692427,692431,692432,692451,773759,692405,692409,723180,723178,15803 -->

MANU/SC/0045/2021

True Court CopyTM English

IN THE SUPREME COURT OF INDIA

Civil Appeal Nos. 2842 and 3063 of 2020

Decided On: 01.02.2021

Appellants: Phoenix Arc Private Limited Vs. Respondent: Spade Financial Services Limited and Ors.

Hon'ble Judges/Coram:
Dr. D.Y. Chandrachud, Indu Malhotra and Indira Banerjee

JUDGMENT

Dr. D.Y. Chandrachud, J.

This judgment has been divided into Sections to facilitate analysis. They are:

A

The appeals

B

CIRP for the Corporate Debtor

C

Proceedings before NCLT

D

Proceedings before NCLAT

E

Transactions of the Corporate Debtor

F

Relationship between Anil Nanda and Arun Anand

G

Whether Spade and AAA are financial creditors of the Corporate Debtor

 

G.1

Submission of Counsel

 

G.2

Assessment of preliminary submissions

 

 

G.2.1

Res Judicata

 

 

G.2.2

Issues before NCLAT

 

 

G.2.3

Remand to NCLAT

........