IBC Section 30(2)(b)(ii): Dissenting Financial Creditor Payment Referred to Larger Bench

DBS Bank Limited Singapore Vs Ruchi Soya Industries Limited And Another (Supreme Court of India) Supreme Court held that question that whether Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016, as amended in 2019, entitles the dissenting financial creditor to be paid the minimum value of its security interest should be referred to a larger Bench. Facts- The issue that arises for consideration in the present appeals is whether Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016, as amended in 2019, entitles the dissenting financial creditor to be paid the minimum val...