DECCAN VALUE INVESTORS L.P. & ANR.versusDINKAR VENKATASUBRAMANIAN & ANR.
Case No.: CIVIL APPEAL No. 2801/2020
Decision Date: 06-03-2024
Disposal: Appeal(s) allowed
Neutral Citation: 2024INSC321

 




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						 DECCAN VALUE INVESTORS L.P. & ANR. versus DINKAR VENKATASUBRAMANIAN & ANR. - [2024] 3 S.C.R. 10442024 INSC 321 SANJIV KHANNA, DIPANKAR DATTA Issue for Consideration Whether the judgment dated 07.02.2020 passed by the National Company Law Appellate Tribunal which upholds the order dated 27.09.2019 passed by the National Company Law Tribunal is legally flawed and unsustainable; Whether the reasons or grounds taken by the in the instant case qualify and can be treated as a fraud on the part of the resolution professional. Headnotes Insolvency and Bankruptcy Code, 2016 – s. 62 – On facts and to justify withdrawal, it was submitted that in the instant case, the successful resolution applicants were 

Summary: Englishਪੰਜਾਬੀ - PunjabiDisclaimer 
						Judgments in  regional languages are also made available alongside the English version. The translations are being done with the help of various human agencies and software tools. 
						Reasonable efforts have been made to provide an accurate translation.
						 
						 Hindi Judgment as published in Ucchtam Nyayalya Nirnay Patrika are reproduced under approval of Vidhi Sahitya Prakashan, Department of legislative affairs, Govt. Of India. 
						 
						Supreme Court Registry will not responsible for incorrect or inaccurate translation and  for any error, omission or discrepancy in the content of translated text. 
						The translation of Judgements is provided for general information  and shall have no legal effect for compliance or enforcement.
						If any questions arise related to the accuracy of the information/statement contained in the translated judgment,  users are advised to verify from the original judgments and also to refer to correct position of law while referring to old judgments.Visitors to the site are requested to cross check the correctness of the information on this site with the authorities concerned or consult the relevant record. The information made available here is not meant for legal evidence. Neither the Courts concerned nor the National Informatics Centre (NIC) nor the e-Committee is responsible for any data inaccuracy or delay in the updation of the data on this website. We do not accept any responsibility or liability for any damage or loss arising from the direct/indirect use of the information provided on the site. However, we shall be obliged if errors/omissions are brought to our notice for carrying out the corrections.DECCAN VALUE INVESTORS L.P. & ANR.versusDINKAR VENKATASUBRAMANIAN & ANR.-[2024] 3 S.C.R. 10442024 INSC 321Coram : SANJIV KHANNA, DIPANKAR DATTAIssue for Consideration Whether the judgment dated 07.02.2020 passed by the National Company Law Appellate Tribunal which upholds the order dated 27.09.2019 passed by the National Company Law Tribunal is legally flawed and unsustainable; Whether the reasons or grounds taken by the in the instant case qualify and can be treated as a fraud on the part of the resolution professional. Headnotes Insolvency and Bankruptcy Code, 2016 – s. 62 – On facts and to justify withdrawal, it was submitted that in the instant case, the successful resolution applicants were