Case Law Details
Case Name : Shri Karshni Alloys Private Limited Vs Ramakrishnan Sadasivan (Supreme Court of India)
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Supreme Court of India
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Shri Karshni Alloys Private Limited Vs Ramakrishnan Sadasivan (Supreme Court of India)
SC Upholds Full Forfeiture of ₹37.80 Cr: Buyer Backtracked on Timelines, Suppressed Facts & Cannot Invoke Contract Act in IBC Sal
Supreme Court dismissed the buyer’s appeal challenging the forfeiture of ₹37.80 crore paid towards purchase of the Raichur plant in liquidation proceedings.
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