10 , 2022 (1 )RCR(Civil)252 , (2022 )4 SCC754 , [2022 ]169 SCL443 (SC ), [2021 ]9 SCR740 , ,MANU/SC/1171/2021
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MANU/SC/1171/2021
True Court CopyTM English
IN THE SUPREME COURT OF INDIA
Civil Appeal No. 6707 of 2019
Decided On: 01.12.2021
Appellants: Committee of Creditors of Amtek Auto Limited through Corporation Bank Vs. Respondent: Dinkar T. Venkatsubramanian and Ors.
Hon'ble Judges/Coram:
M.R. Shah and Sanjiv Khanna JUDGMENT
M.R. Shah, J.
1. Feeling aggrieved and dissatisfied with the impugned judgment and order dated 16.08.2019 passed by the National Company Law Appellate Tribunal, New Delhi (hereinafter referred to as the 'Appellate Authority') in Company Appeal (AT) (Insolvency) No. 219 of 2019, the Committee of Creditors of Amtek Auto Limited through Corporation Bank (hereinafter referred to as the 'COC') has preferred the present appeal.
2. The present appeal, as such, has a chequered history.
3. Pursuant to an application made Under Section 7 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the 'IBC'), the corporate insolvency resolution process was initiated against Amtek Auto Limited-Corporate Debtor on 24.07.2017. A resolution professional was appointed. An advertisement was published by the resolution professional inviting prospective resolution applicants to submit a Resolution Plan by 31.08.2017. The Resolution Plans submitted by Respondent No. 3 herein-Deccan Value Investor LP (hereinafter referred to as the '........