# In the matter of D. R. Balkrishna Raja Vs. Indian Bank & Anr. Civil Appeal No(S). 1616-2018

> SC judgment dated 2018-03-23. Citation: TCN-2018-SC-00071. The case involves an appeal before the Supreme Court of India. The respondent's counsel submitted…

- **Court:** SC
- **Order date:** 23 Mar 2018
- **Citation:** TCN-2018-SC-00071
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/d-r-balkrishna-raja-vs-indian-bank-anr-civil-appeal-no-12d2291c

## Summary

### Background

The case involves an appeal before the Supreme Court of India. The respondent's counsel submitted that the matter should be sent back to the Tribunal for consideration of the admission of the insolvency application after issuing limited notice to the Corporate Debtor. A prior decision of the Court in Innoventive Industries Limited vs. ICICI Bank and another was referenced.

## Facts

The appellant, D.R. Balkrishna Raja, filed a civil appeal before the Supreme Court of India against Indian Bank & Anr. The respondent's counsel requested that the matter be sent back to the Tribunal for reconsideration of the insolvency application after providing limited notice to the Corporate Debtor. The Court considered a prior decision in Innoventive Industries Limited vs. ICICI Bank and another. The key fact is the respondent's request for remand and the Court's reliance on a prior decision related to insolvency proceedings.

## Issues and analysis

### Issue 1: Whether the matter should be remanded to the Adjudicating Authority for de novo consideration of …

**Ratio:** The ratio is based on the principle that matters requiring adjudication should be

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**Reasoning:** The Court reasoned that the matter should be remanded to the Adjudicating Authority for a

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**Interpretation:** This involves interpreting the scope of appellate jurisdiction and the

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**Application:** The Court applied this principle by setting aside the order of the NCLAT and

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## Parties

- **Judges:** Ranjan…; R. BANU…
- **Appellants:** D.R. BALKRISHNA…
- **Respondents:** Indian Bank…

## Timeline

- **2018-03-23 — Order Da…**: The Supreme Court allowed the appeal, set aside the order of the NCLAT, and remanded the…

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