Supreme Court of India
M. Suresh Kumar Reddy v. Canara Bank
(2023) 8 SCC 387
- Decision date
- 2023
- Text availability
- Summary or case record only
- Bench
- 2-Judge Bench
Source: landmark_precedents seed
Principle
Clarified Vidarbha Industries; held that once financial debt default is established, admission of Section 7 application is the rule and rejection an exception.
Connected provisions and cases
Related judgments
- Vidarbha Industries Power Ltd. v. Axis Bank Ltd. · (2022) 8 SCC 352 · 2022 · 1 shared provision
- Innoventive Industries Ltd. v. ICICI Bank · (2018) 1 SCC 407 · 2017 · 1 shared provision
Judgment text
Full judgment text is not available in this record.