(India) Ltd. v. Edelweiss Assets Reconstruction Co. Ltd.
2 SCR 477Reported decision1965#1370 most cited
What is (India) Ltd. v. Edelweiss Assets Reconstruction Co. Ltd. authority for?
Parallel proceedings in different forums, such as High Court winding-up and NCLT IBC applications, must not be allowed to continue as they frustrate the object of the Insolvency and Bankruptcy Code (IBC). Such proceedings should be transferred to a single forum to ensure the IBC's effectiveness.
83
judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2018 to 2021.
Also referred to as
Forech (India) Ltd. v. Edelweiss Assets Reconstruction Co. Ltd. · 2 SCR 477 · (2019) 18 SCC 549 · parallel proceedings · Insolvency and Bankruptcy Code · IBC · Companies Act 2013 Section 434(1)(c) · Section 7 IBC · winding up · NCLT jurisdiction · object of IBC
Judgments citing (India) Ltd. v. Edelweiss Assets Reconstruction Co. Ltd.
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