Case Law Details
Case Name : Macquarie Bank Limited Vs Shilpi Cable Technologies Ltd. (Supreme Court of India)
Appeal Number : Civil Appeal No.15135 of 2017
Date of Judgement/Order : 15/12/2017
Related Assessment Year :
Courts :
Supreme Court of India
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In this case Hon;ble Supreme Court held that Section 9(3)(c) of Insolvency and Bankruptcy Code is mandatory for initiating insolvency proceedings and a demand notice of an unpaid operational debt can be issued by a lawyer on behalf of the operational creditor.
FULL TEXT OF THE SUPREME COURT JUDGEMENT / ORDER IS AS FOLLOWS:-
1. The present appeals raise two important questions which arise under the Insolvency and Bankruptcy Code, 2016 Please become a Premium member. If you are already a Premium member, login here to access the full content.
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