BRS VENTURES INVESTMENTS LTD.versusSREI INFRASTRUCTURE FINANCE LTD. & ANR.
Case No.: CIVIL APPEAL No. 4565/2021
Decision Date: 23-07-2024
Disposal: Dismissed
Neutral Citation: 2024INSC548

ABHAY S. OKA*, PANKAJ MITHAL Issue for Consideration Whether the payment of Rs.38.87 crores to the financial creditor under the resolution plan of the corporate guarantor will extinguish the liability of the principal borrower/corporate debtor to pay the entire amount payable under the loan transaction after paid on behalf of the corporate guarantor in terms of its resolution plan; whether a holding company is the owner of the assets of its subsidiary and can the assets of the subsidiaries be included in the resolution plan of the holding company; can the financial creditor file simultaneous/separate 

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