)BC1 (SC ), 2021 INSC 187 , 2021 (2 )RCR(Civil)469 , (2021 )7 SCC474 , [2021 ]165 SCL652 (SC ), [2021 ]3 SCR114 , ,MANU/SC/0182/2021
D.Y. Chandrachud#M.R. Shah#257SC3050Judgment/OrderAIR#BC#INSC#MANU#RCR (Civil)#SCC#SCL#SCRD.Y. Chandrachud,Metals#MetalsSUPREME COURT OF INDIA2021-3-1616939,773759,692391,26264,692417,692434,692388,692416,692385,692415,692419,692420,692421,692422,692423,692425,692427,692431,692432,692433,692436,692584,692596,692629,16910,16916,16918,692390,692412,692411,692418,790978,692627,692395,692398,692402,692388,692389,692390,692445,15426,692419,692420,692421,692422,692423,692424,22436,22437,27511,16753,338781,20483,201385,122355 -->
MANU/SC/0182/2021
True Court CopyTM English
IN THE SUPREME COURT OF INDIA
Civil Appeal No. 9664 of 2019, Writ Petition (Civil) No. 269 of 2020 and Civil Appeal No. 2719 of 2020
Decided On: 15.03.2021
Appellants: Arun Kumar Jagatramka Vs. Respondent: Jindal Steel and Power Ltd. and Ors.
Hon'ble Judges/Coram:
Dr. D.Y. Chandrachud and M.R. Shah JUDGMENT
Dr. D.Y. Chandrachud, J.
1. This judgment has been divided into the following Sections to facilitate analysis:
| A | Factual Background |
| | A.1 | Civil Appeal 9664 of 2019 |
| | A.2 | Civil Appeal 2719 of 2020 |
| | A.3 | Liquidation Process Regulations, 2016 |
| | A.4 | Article 32 Petition |
| B | Issues |
| C | Submissions |
| D | Analysis of the Legal Framework |
| | D.1 | Ineligibility during the resolution process and liquidation |
| | D.2 | Interplay: IBC liquidation and Section 230 of the Act of 2013 |
| | D.3 | The 'Clean Slate' |
| | D.4 | Constitutional Validity of Regulation 2B-Liquidation Process Regulations |
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