Vidarbha Industries Power Limited Vs. Axis Bank Limited

Decided On : Jul-12-2022

Court : Supreme Court of India

LAW: Section 62, Bankruptcy Code 2016, Section 7, the Electricity Act, the Electricity Act, the Electricity Act, Power Purchase Agreement, Section 21, Bankruptcy Code (Amendment) Act, Section 7, Section 7, Section 7, Section 9, Section 7(4, Section 7, Section 7(5)(a, Section 7(5)(a, Section 7(5)(a, Rule 11, Section 7(5)(a, Rule 11, Section 7, Section 7(5)(a, Section 10(4, Section 7, Section 9, Section 10, Section 7, Section 7, the Companies Act, Section 7(5)(a, Section 7(2, Section 7, Section 7, Section 7, Section 7 of the IBC, Section 7, Section 7 of the IBC, Section 7, Section 7(5)(a, the Companies Act, the Bankruptcy Law Reforms Committee, the Bankruptcy Law Reforms Committee, Section 6, Section 7(1, Section 7(2, Section 7(2, Section 7 of the IBC, Section 7(5)(a, Section 7(5)(a, Section 7(5)(a, Section 7(5)(a, Section 7, Section 9, Section 7(5)(a, Section 7(5)(a, section 154, Section 154(1, Section 7(5)(a, Section 7(5)(a, Section 8, Section 9, Section 9, Section 9, Section 9, Section 9(5)(i, Section 9(5, Section 9(5)(a, Section 9(5)(a, Section 7(5)(a, Section 9(2, Section 7, Section 7(4, Section 7(5, Section 7(5)(a, Section 7, Section 7, Section 7, Section 7, Section 7(5)(a, Section 7

ORG: THE SUPREME COURT OF INDIA CIVIL, the National Company Law Appellate Tribunal, NCLAT, Tribunal, the Corporate Insolvency Resolution Process (CIRP, Generating Company, MW, the State Electricity Regulatory Commission, the State Electricity Regulatory Commission, Electricity Generating Companies.4, the Maharashtra Industrial Development Corporation, Group Power Project, GPP, Independent Power Project, MW, Maharashtra Electricity Regulatory Commission, MERC, Reliance Industries Limited, RIL, No Objection Certificate, MIDC, MIDC, NOC, the Power Project Agreement.6, the Cabinet Committee on Economic Affairs, the New Coal Distribution Policy, the Ministry of Coal, MOC, Coal India Limited, FSA, Power Projects, the Ministry of Power, Power Projects, MW, CIL, MERC, RIL, RIL, Appellant, RIL, the Appellant’s Power, the Standing Linkage Committee, Appellant, FSA, Appellant, RIL, the Power Purchase Agreement, MERC, MERC, the Final Tariff of the power, Appellant, MERC, MERC, MERC, Appellant, the Appellate Tribunal for Electricity (APTEL, APTEL, MERC, FSA, FSA, Appellant, MERC, APTEL, Civil Appeal, Court, APTEL, MERC, Court, APTEL, APTEL, IBC, the Central Government, the Adjudicating Authority, the Adjudicating Authority, Board, The Adjudicating Authority, the Adjudicating Authority, the Adjudicating Authority, the Adjudicating Authority, the Adjudicating Authority, The Adjudicating Authority, IBC, IB, the National Company Law Tribunal, NCLT, Appellant, Miscellaneous Application, IB, NCLT, the Adjudicating Authority, NCLT, CIRP, The Adjudicating Authority held:-, Apex Court, Swiss Ribbons v. Union, the Adjudicating Authority, Court, Preamble, Application, the Company Petition, Apex Court, Authority, Corporate Insolvency, Apex Court, Authority, Authority, the Company Petition, the Company Petition, the Company Petition, Appellant, NCLAT, NCLAT, CIRP, Application of Respondent under Section 7 of I&B Code, Appeal, The Adjudicating Authority, I&B Code, Appellant, Appellant, NCLT, Appellant, MERC, APTEL, Court, Court, MERC, APTEL, IBC, IBC, the Adjudicating Authority, Resolution Professional, IBC, NCLT, IBC, NCLT, NCLT, IBC, IBC, the National Company Law Tribunal Rules, Tribunal, NCLT, NCLT, IBC, IBC, Court, Surendra Trading Company, Juggilal Kamlapat Jute Mills Company Limited, Court, NCLAT, IBC, IBC, NCLT, APTEL, MERC, the Respondent Financial Creditor, the Adjudicating Authority, NCLT, IBC, Swiss Ribbons Private Limited, Anr., Union of India, IBC, the Adjudicating Authority, the Financial Creditor, the Financial Creditor, the Adjudicating Authority, NCLT, IBC, the Respondent Financial Creditor, NCLT, NCLT, NCLAT, IBC, NCLT, IBC, IBC, the Adjudicating Authority, NCLT, the Adjudicating Authority, Appellant, The Adjudicating Authority, IBC, IBC, NCLT, NCLAT.43, Court, Innoventive Industries Ltd., ICICI Bank, IBC, IBC, IBC, inter alia, Court, Court, IBC, IBC, inter alia, IBC, the Sick Industrial Companies (Special Provisions, the Recovery of Debts Due to, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, Board of Industrial and Financial Reconstruction, DRT, National Company Law Tribunal, NCLT, Appellate Tribunals, IBC, Innoventive Industries Ltd., ICICI Bank, Court, BLRC, NPV, NPV, Committee, Committee, IBC, IBC, the Adjudicating Authority, NCLT, Default, Financial Creditor, Financial Creditor of the Corporate, IBC, the Resolution Professional, Interim Resolution Professional, Board.53, the Respondent Financial Creditor under Section 7(2, IBC, NCLT, IBC, the Adjudicating Authority, NCLT, IBC, Adjudicating Authority, NCLT, IBC, Resolution Professional, Resolution Professional, the Adjudicating Authority, NCLT, IBC, the Adjudicating Authority, NCLT, the Appellate Tribunal, NCLAT, IBC, the Adjudicating Authority, NCLT, IBC, The Adjudicating Authority, NCLT, the Appellate Tribunal, NCLAT, The Appellate Tribunal, NCLAT, the Adjudicating Authority, NCLT, the Adjudicating Authority, Corporate Insolvency, the Adjudicating Authority, NCLT, Court, the Adjudicating Authority, NCLT, IBC, The Adjudicating Authority, NCLT, the Electricity Regulator, the Electricity Regulator, the Recipient of Electricity, APTEL, the Adjudicating Authority, NCLT, the Financial Creditor, the Appellate Authority, NCLAT, the Adjudicating Authority, NCLT, CIRP, The Adjudicating Authority, NCLT, CIRP, MERC, Court, APTEL, Legislature, IBC, an Adjudicating Authority, NCLT, IBC, IBC, Court, Court, Ors.4, IBC, the Adjudicating Authority, Uttar, Court, Court, Match AB, Court, FIR, FIR, IBC, IBC, IBC, the Operational Creditor, CIRP, the Adjudicating Authority, NCLT, CIRP.73, The Adjudicating Authority, Adjudicating Authority, the Adjudicating Authority, IBC, the Adjudicating Authority, NCLT, the Operational Creditor, IBC, The Adjudicating Authority, NCLT, the Operational Creditor, Legislature, IBC, Corporate, IBC, Legislature, IBC, Legislature, IBC, IBC, IBC, IBC, the Operational Creditor, IBC, the Adjudicating Authority, CIRP, The Adjudicating Authority, Legislature, Financial Creditors, Financial Creditors, Operational Creditors, Operational Creditor, Financial Creditors and Operational Creditors, the Operational Creditor, The Adjudicating Authority, NCLT, the Financial Creditor, the Adjudicating Authority, the Financial Creditor, CIRP, IBC, Corporate Debtors, IBC, CIRP, IBC, the Adjudicating Authority, NCLT, CIRP.82, The Adjudicating Authority, NCLT, CIRP, Swiss Ribbons, Court, IBC, the Central Government, this Court Swiss Ribbons, IBC, IBC, IBC, IBC, IBC, the Adjudicating Authority, the Adjudicating Authority, NCLT, IBC, The Adjudicating Authority, NCLT, the Adjudicating Authority, IBC, the Financial Creditor, The Adjudicating Authority, the Financial Creditor, the Adjudicating Authority, NCLT, APTEL, the Electricity Regulatory Commission, the Adjudicating Authority, NCLT, the Appellate Tribunal, NCLAT, the Adjudicating Authority, NCLT, the Adjudicating Authority, NCLT, the Appellate Authority, NCLAT, NCLT

DATE: 2nd March 2021, 2021, 2003, 2003, 20th February 2013, 21st June 2013, 2007, 17th July 2013, 17th July 2013, 19th July 2013, 14th August 2013, 21st February 2014, 1st April 2014, March 2015, 2014, Years 2014-2015, 2015-2016.11, January 2016, 2015, 2011, 20th June 2016, 2015, 2015-2016, Years 2016-2017, 2019-2020.13, 2016, Years 2014-2015, 2015, November 2016, about 8th December 2016, November 2016, 2017, 2020, thirty days, fourteen days, seven days, seven days, about 15th January 2020, 2020, 2020, 2020, February 2020, 2017, 29th January 2021, 2020, 2020, 2019, 29th January 2021, 2nd March 2021, 2017, November 2016, 1029, 2016, fourteen days, 2017, 2016, 1235, 1956, 15th January 2020, 2019, 13 38, 14th July 2020, 29th January 2021, 29th January 2021, 14 days, 2018, 1985, 1993, 2002, 2013, November 2015, 14 days, 55, 2363, 2014, 1973, 2004, 1973, 2011, ten days, ten days, fourteen days, seven days, 27 74, 14 days, 3081, 3287, 29th January 2021, 2nd March 2021

GPE: New Delhi, MW1Coal, the Nagpur District, Mumbai, M.A., C.P., M.A., C.P., Mumbai, Ors.2, done.37, Mumbai, India, India, India, discretionary.64, Lalita Kumari v. Government, Lalita Kumari v. Government, J.K., NEW DELHI

PRODUCT: Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Respondent, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Rs.1,730, Appellant, Appellant, Appellant, Appellant

CARDINAL: 600, two, 300, 61 to 63, 300, 2, 78,000, 78,000, 1, 3, 2016.14, 1, 6 and 7, 6, 6-A, less than one hundred, less than, less than one hundred, less than, 5, 2, 1, 3, 4, 2, 3, 5, 5, 2, 2, 5, 6, 5, 5, 6, 5, 2, 19, 4, two, 5, APTEL.25, 2, 11, 24, 5, 4, 1, 16, APTEL.34, 64, 2, one, 4, 14, 3, 2, 1, 16, 16, One, two, 17, 2, 3, 1, 5, 6, 8), 9, 18, 10, 11, 49, 19, 3, 20, 2, two, 21, 22, two, 2 SCC1(para14, 5, 1, 22, 9, 11, 1, 6, 4, 26, 5, 2, 2, 4, 2, 5, 2, two, 28, 29, 43, 31, 5)(a, 33, 2022, 34

WORK_OF_ART: Thermal Power Plant, Fuel Supply Agreements, Case No.91, Appellant for the Financial Years 2014-2015, the Paper Book, 9(5, Insolvency and Bankruptcy Code

FAC: the Butibori Industrial Area, the Appellant’s Unit 1

ORDINAL: second, 9th, 3rd, 3rd, first, second, first, second, first, 3rd, first, First, Second, third, first, first, first, first

PERSON: approved.10, Unit-1, Rs.1,730 Crores, C.P., Jaideep Gupta, Rs.1,730 Crores, Gupta, Gupta, Gupta, Gupta, Gupta, Gupta, Gupta, Gupta, Gupta, Gupta, Dhruv Mehta, Mehta, Mehta, Mehta, Mehta, Mehta, Mehta, hearing.39, Mehta, Mehta, Mehta, Mehta, Mehta, Reasons, Debts Recovery Tribunal, Nariman J., Speed, Rs.553,27,99,322.78, Rs.499,22,85,110.65.54, Gupta, Mehta, Award, Gupta, B. Premanand, Mohan Koikal6, Gupta, SCC26625 Legislature, Rs.1,730 Crores

LOC: Case No.115, bankruptcy.48

EVENT: Multi Year Tariff

NORP: Indian, thereto.46, Swedish

PERCENT: 20%