Case Law Details
Case Name : Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited Vs Axis Bank Limited Etc. (Supreme Court)
Appeal Number : Civil Appeal Nos. 8512-8527 Of 2019
Date of Judgement/Order : 26/02/2020
Related Assessment Year :
Courts :
Supreme Court of India
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Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited Vs Axis Bank Limited Etc. Etc (Supreme Court)
While setting aside the judgment dated 1st August, 2019 of the NCLAT on avoidance of certain transactions under section 43, 45 and 66 of the Code whereby CD had mortgaged its properties for the financial assistance to JAL (holding company), the Hon’ble Supreme Court settled several issues and made important rulings as under:
