The case involves an appeal brought before the Supreme Court of India. The appellant, Skil Infrastructure Limited, is a corporate guarantor under Section 5(5A) of the Insolvency and Bankruptcy Code, 2016. The appeal challenges a judgment, the details of which are not provided in the document.
Skil Infrastructure Limited filed an appeal before the Supreme Court of India. Skil Infrastructure Limited is a corporate guarantor as per Section 5(5A) of the Insolvency and Bankruptcy Code, 2016. The core issue is whether Skil Infrastructure Limited's claim against the second/new promoters/management makes them a financial creditor against the corporate debtor itself. The court also considered the applicability of Section 140 of the Contract Act, 1872. The Supreme Court dismissed the appeal.
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Civil Appea…
The appeal was…
The case involves an appeal brought before the Supreme Court of India. The appellant, Skil Infrastructure Limited, is a corporate guarantor under Section 5(5A) of the Insolvency and Bankruptcy Code, 2016. The appeal challenges a judgment, the details of which are not provided in the document.
Skil Infrastructure Limited filed an appeal before the Supreme Court of India. Skil Infrastructure Limited is a corporate guarantor as per Section 5(5A) of the Insolvency and Bankruptcy Code, 2016. The core issue is whether Skil Infrastructure Limited's claim against the second/new promoters/management makes them a financial creditor against the corporate debtor itself. The court also considered the applicability of Section 140 of the Contract Act, 1872. The Supreme Court dismissed the appeal.
Civil Appea…
The appeal was…