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Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Pvt. Ltd. | Judgment | Law on Tips

Judgment Library/Case record

Supreme Court of India

Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Pvt. Ltd.

(2023) 10 SCC 60

Decision date: 2023
Text availability: Summary or case record only
Bench: 2-Judge Bench

Source: landmark_precedents seed

Case summary

Clarified Rainbow Papers; Section 53 waterfall gives clear priority to secured financial creditors and workmen over government dues.

Principle

Clarified Rainbow Papers; Section 53 waterfall gives clear priority to secured financial creditors and workmen over government dues.

Connected provisions and cases

interpretsThe Insolvency and Bankruptcy Code, 2016. · Section 53

Find decisions citing this case →

Judgment text

Full judgment text is not available in this record.

Judgment Library/Case record

Supreme Court of India

Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Pvt. Ltd.

(2023) 10 SCC 60

Decision date: 2023
Text availability: Summary or case record only
Bench: 2-Judge Bench

Source: landmark_precedents seed

Case summary

Clarified Rainbow Papers; Section 53 waterfall gives clear priority to secured financial creditors and workmen over government dues.

Principle

Clarified Rainbow Papers; Section 53 waterfall gives clear priority to secured financial creditors and workmen over government dues.

Connected provisions and cases

interpretsThe Insolvency and Bankruptcy Code, 2016. · Section 53

Find decisions citing this case →

Judgment text

Full judgment text is not available in this record.