SUPREME COURT OF INDIA, Committee of Creditors of Essar Steel India Ltd. v. Satish Kumar Gupta

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01 Jan 1970

SUPREME COURT OF INDIA, Committee of Creditors of Essar Steel India Ltd. v. Satish Kumar Gupta

 

IBC: Code does not treat unequals equally and equitable treatment is to be accorded to each creditor depending upon class to which it belongs: secured or unsecured, financial or operational; wisdom of Committee of Creditors has priority in respect of resolution plan; sections 4 and 6 of Amending Act, 2019 amending sections 12 and 30 of Code not Constitutionally infirm: SUPREME COURT OF INDIA, Committee of Creditors of Essar Steel India Ltd. v. Satish Kumar Gupta