Ramkrishna Forgings Limited Vs. Ravindra Loonkar, Resolution Professional Of Acil Limited

Decided On : Nov-21-2023

Court : Supreme Court of India

LAW: Section 622, Section 408, the Companies Act, Section 60 of the Code, a Resolution Plan for ACIL Limited, the Official Liquidator, Resolution Plan, Resolution Plan, the Resolution Plan, Section 30, Section 30, the Resolution Plan, Section 796, the Income Tax Act, Section 5 of the Competition Act, Section 80-IAC, the Resolution Plan, the Companies Act, Section 242, the Companies Act, Section 72-A, Section 72-A, Section 2, the Companies Act, Section 47, the Companies Act, Section 31, Section 33, Section 54-L, Section 54-N, Section 54-O, the Resolution Plan, Resolution Plan, the Resolution Plan, Resolution Plan, Resolution Plan, Resolution Plan, the Resolution Plan, Section 30(2, Paragraphs 25, a Resolution Plan, Section 31 of the Code, Section 30, Regulation 27, Regulation 27, Section 29, Paragraphs 27 to 29, Resolution Plan, the Resolution Plan, Resolution Plan, Section 2610, Section 25, Second Amendment) Regulations, a Resolution Plan, the Resolution Plan, Chapter III, Chapter VI of Part II, Section 30, Second Amendment) Regulations, Resolution Plan, the Resolution Plan, Paragraphs 52, the Resolution Plan, Resolution Plan, the Companies Act, the CIRP Regulations, Regulations 27, Section 31(1, Resolution Plan, Section 60(5, the Resolution Plan, the Resolution Plan, the Resolution Applicant, the Resolution Plan, the Resolution Plan, the Resolution Plan, Resolution Plan, Section 30, Section 4-A, the Resolution Plan, Resolution Plan, Resolution Plan, Section 31(2, the Resolution Plan, Section 31(1

DATE: 2023, 2016, 19.01.2022, 2021, forty-five days, forty-five days, fifteen days, 2013, 2019, one thousand seven hundred and eighty-two crores.4, 15.10.2018, 31.10.2018,, 28.01.2019, 13.02.2019, 11.04.2019, 14.08.2019, 4 ‘30, one year, 16.08.2019, 1961, 2002, 2003, the previous year, any year, the previous year, the previous year, the last day, the previous year, the last day of the year or years, any year, the previous year, the previous year, the last day of the year or years, the last day, the period of ten years, the year, a previous year, a previous year, 2016, 31 of 2016, 2013, 18 of 2013, a previous year, 2013, 18 of 2013, 2013, 18 of 2013, the previous year, any previous year, such previous year, previous years, 19.01.2022, 2013, thirty days, thirty days, fifteen days, 10 7, 14.08.2019, 11.02.2019, 14.02.2019, 2021, 26, 44, 2016, seven days, forty-seventh day, five years, 9 ‘35, 2017, 2020, 2023, 1914, 11 ‘38, 2022, 2022, 2023, Del 155, 2019, 2020, 2021, Section 30(2, 330 days, 2013, 35, any quarter, two days, the next date, 18.05.2022, 2022, 2021, 2826, Sector 1, 2021, 44, 1986, 1129, 33 46, 1978, 8-2021, 34 15, 35, 2018, 2019, 3831, 32, 2010, 2022, 2003, 41, 2019, three weeks, 4235, 2020, 2021

ORG: THE SUPREME COURT OF INDIA CIVIL, ACIL LIMITED & ANR.1, ACIL Limited R2 : Committee of Creditors of ACIL Ltd., the “Impugned Judgment, the National Company Law Appellate Tribunal, NCLAT, Company Appeal, the Adjudicating Authority (National Company Law, Supreme Court.—(1, the National Company Law Appellate Tribunal, the Supreme Court, The Supreme Court, The National Company Law Tribunal, the Adjudicating Authority, Authority-NCLT, NCLT, I.A. No.1636 of, CP(IB, the “Approval Application, OL, IDBI Bank Ltd., the Interim Resolution Professional, the Resolution Professional, NCLT, RP, Rupees, Financial Creditors, Rupees, the Committee of Creditors, CoC, Rupees, Rupees, Manesar, the Appellant-Resolution Applicant, CoC, CoC, RP, Approval Application under Sections 30(6)4, the Adjudicating Authority, the Adjudicating Authority, the Central Government, State Government, the Adjudicating Authority, the Adjudicating Authority, the Adjudicating Authority under Section 14, Board, the Adjudicating Authority, the Adjudicating Authority-NCLT, ACIL, the Competition Commission of India, OL, Tribunal, the Central Government, the Board of Directors, the Central Government, the Tribunal under Section 242, Explanation, NCLAT, the Impugned Judgment, NCLT, Appellate, the Adjudicating Authority, the National Company Law Appellate Tribunal, the National Company Law Appellate, the National Company Law Appellate Tribunal, Board, CoC, RP, BDO India LLP’s Report, ACIL, Adroit Technical Services Limited, CoC, NCLT, NCLT, NCLT12to, OL, NCLT, CoC, CoC, Regulations, Court, Pratap Technocrats Private Limited v, Monitoring Committee, Reliance Infratel Limited, SCC623, the Adjudicating Authority-NCLT, Sub-Section 1(1, Sub-Section, the Adjudicating Authority-NCLT, OL, Bankruptcy Board of India, RP, RP, Liquidation value.—(1, the Companies (Registered Valuers and Valuation) Rules, L1-L2)/L1, CoC, RP, Court, NCLT, OL, Court, Maharashtra Seamless Limited, NCLT, CoC, the Adjudicating Authority-NCLT, CoC, CoC, NCLAT, RP, Regulations, NCLAT, NCLAT, RP, Insolvency, Bankruptcy Board of India, the Adjudicating Authority, RP, the Adjudicating Authority, Bankruptcy Board of India, ACIL, CIRP, the High Court, Tata Steel BSL Limited, Corporate, CoC, Indian Overseas Bank, Committee of Creditors of Essar Steel India Ltd., Committee of Creditors of Educomp Solutions Limited, the Adjudicating Authority under Section 31(2, CoC, Resolution Applicant, the Adjudicating Authority, the Impugned Judgment, NCLAT, OL, OL, NCLT, NCLT, NCLAT, NCLT, NCLAT, CoC, RP, CoC, Court, Solicitor General, Additional Solicitor General, the Adjudicating Authority-NCLT, Solicitor General, Court, Solicitor General, Solicitor General, CoC, NCLT, the Appellate Authority, NCLAT, CoC, Siva Industries and Holdings Limited, NCLT, NCLAT, Committee of Creditors, Essar Steel India Ltd., Sections 31(1) & 60(5, NCLT, the Adjudicating Authority-NCLT, the Adjudicating Authority-NCLT, NCLT, CoC, Plot/Site No, the Haryana State Industrial and Infrastructure Development Corporation, ANALYSIS, Court, the Adjudicating Authority-NCLT, NCLAT, the Adjudicating Authority, RP, CoC, the Adjudicating Authority-NCLT, RP, CoC, Committee of Creditors of Essar Steel India Ltd., CoC, Maharashtra Seamless Limited, CoC, NCLAT, Court, CoC, RP, the Adjudicating Authority-NCLT, Sections 30 & 31, Kotak Investment Advisors Limited, Court, CoC, NCLAT, CoC, Pratap Technocrats Private Limited, Court, the Indian Legislature, CoC, IBC, namely—(a, Court, Court, IBC, IBC, Parliament, UNCITRAL, Legislative Guide on Insolvency Law, State, IBC, NCLT, ACIL, OL, Ministry of Corporate Affairs, Government of India, Innoventive Industries Ltd., Swiss Ribbons Private Limited v Union of India, Parliament, CIRP, NCLT, NCLAT, Corporate, Corporate, CoC, CoC, CoC, Court, the Adjudicating Authority-NCLT, OL, NCLT, NCLAT, Expert, the Adjudicating Authority-NCLT, the Adjudicating Authority, NCLT, the Adjudicating Authority, Regulations, Jaypee Kensington Boulevard Apartments Welfare Association v NBCC, IBC, CoC, the Committee of Creditors, the Committee of Creditors, Court, NCLT, Court, Kranti Associates Private Limited, Court, NCLT, Court, NCLT, 15 Raj Kishore Jha v State of Bihar, CIRP, NCLT, the Impugned Judgment, NCLAT, NCLT, the Approval Application, I.A. No.1636 of, CP(IB, NCLT, I.A. No.185233/2022, Court, NCLT, NCLT, NCLT, Embassy Property Developments Private Limited v State, Gujarat Urja Vikas Nigam Limited v Amit Gupta

PERSON: Ravindra Loonkar, Principal Bench, Ravindra Loonkar, Addendum, vii-ac, Shyam Divan, 14 Divan, Palani Gounder, Regulation 38(2)(d)11, Kumar Gupta, Divan, Tushar Mehta, Balbir Singh, Tushar Mehta, Arvind Kumar Sharma, Singh, Arun Kumar Jagatramka, Haryana, Kalpraj Dharamshi, equitable14, Dushyant Dave, Maneka Gandhi v. Union, Maneka Gandhi v. Union, Debtor, Stricto, Ahmed Khan, b., Singh, NOVEMBER21

CARDINAL: 1, 2, 2, 3, 3, two, 4, 16.10.2018, about Rupees, 5 half, 21.05.2019, seventy-three, eighteen, 27.05.2019, eighty, fifty-five, seventy five, forty-two, one hundred twenty-nine, eighty, forty-four, 6, 315, 6, 5‘31, 4, 2, 2, 1, 3, 1, 4, 1, 1, 12, 6 ‘79, less than fifty-one, less than fifty-one, 2, 1, fifty-one, 8 6, more than half, 1, 1, 90, at least fifty-one, 3, 2, 1, 61, 2, 1, 3, 4, 4, 5, 2, 11, two, two, 11, one hundred thirty-five, ten, one hundred eight, fifty-seven, one hundred twenty-five, eighty-five, ninety-four, eighty-seven, 13, 10, 2, two, 35, 2, 1, 3, 4, 15 359, two, two, two, two, twenty-five, two, 2, 2, 3, 16, two, 17, 11, 18, 168, 169, approximately Rupees one thousand, 2, 2, 14.06.2022, 6, 21, approximately Rupees one thousand, 91, 22, 12, 8, 23, 24, 25, 12, 26, 7, 95, 29, two, 30, 31, 10, 28, 32, One, one, 2, 13, 6, one, 14, 8), 1, 14-15, 29, 1, 36, one, 37, 2022, 1, 273.1, 30(2, 31, 39, 40, 9, 3, 01.09.2021, 11, 01.09.2021, 19.01.2022, c., four, 43, 13, 7, 2023

WORK_OF_ART: Adjudicating Authority, C. Balancing, SCC496to Manoj

ORDINAL: first, third, third, third, first, first

EVENT: Resolution Plan, Resolution Plan, Resolution Plan, the 2022 Amendment, the 2022 Amendment, Resolution Plan

PRODUCT: Rupees sixty-three

GPE: 05.08.2019, 05.08.2019, 05.08.2019, Delhi, Ebix Singapore, the United Kingdom's, The United States', pp, Rajasthan, SCC501, Karnataka

PERCENT: 88.56%, 88.56%, approximately 48%, 88.56%, 84.36%, about 94.25%, 88.56%

NORP: Indian, Satish, Indian, Indian

QUANTITY: 9 Section 617, 4 SCC17

FAC: Paragraphs 167, K Sashidhar v, Vallal RCK, Paragraph 24, Interlocutory Applications