JudgmentDeskTHE LAWYER’S DESK FOR INDIAN LAW
The Insolvency & Bankruptcy Code, judgment by judgment
One judgment.
Three seats.

Landmark insolvency judgments of India, framed for every reader in the courtroom — a story anyone can follow, the law a lawyer can argue, and the craft even seniors miss. Pick your seat and climb.

Seat one

The Gallery

~5 minutes · no legal vocabulary

The case as a story — who wanted what, the twist, the verdict. Walk out able to tell it over dinner.

Seat two

The Bar

~12 minutes · for the practitioner

The questions, an interactive chart of the mechanism, and the holdings you may cite — in the Court’s own words.

Seat three

The Bench

Deep · the craft

The over-readings that trip up even seniors, both edges of the sword, and a live test on your own brief.

The Judgments

9 published · newest first
No. 9 · economic policy & judicial review SC · 23.03.2021

Small Scale Industrial Manufactures Assn. v. Union of India

three-judge bench · the COVID-19 loan moratorium case

A locked-down nation asked the Court to waive its loans. The answer: economic policy is almost court-proof — no total waiver, no forced extension — but interest-on-interest was struck for every borrower, and refunded.

Read the judgment →
No. 8 · guarantees & subrogation SC · 23.07.2024

BRS Ventures v. SREI Infrastructure Finance

2024 INSC 548 · two-judge bench · guarantees & subrogation

A parent rescued, a lender paid ₹38.87 crore, and a subsidiary still owing the balance. Why resolving the guarantor did not erase the borrower’s debt — and why buying the parent did not buy the subsidiary’s land.

Read the judgment →
No. 7 · s. 238A & limitation SC · 15.04.2021

Asset Reconstruction Co. v. Bishal Jaiswal

2021 INSC 254 · three-judge bench · the balance-sheet rule

A ₹6,000-crore claim the calendar seemed to have killed — and a tribunal at war with its own precedent. Compelled to prepare, never compelled to admit: the case that made a company’s own books exhibit one in every limitation fight.

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No. 6 · s. 5(8) SC · 26.07.2021

Orator Marketing v. Samtex Desinz

2021 INSC 359 · the interest-free loan

A sister company’s ₹1.60-crore rescue at NIL interest — thrown out by two tribunals as not “financial” debt. Two words in the definition said otherwise: “if any”. The case that gave friendly loans a seat at the creditors’ table.

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No. 5 · s. 10A SC · 09.02.2021

Ramesh Kymal v. Siemens Gamesa

Civil Appeal No. 4050 of 2020 · the COVID window

A ₹104-crore resignation, a petition filed three weeks before the ban existed — killed by it anyway. Section 10A runs on the date of default, not the date of filing: the case that fixed the COVID window for good.

Read the judgment →
No. 4 · ss. 8 & 9 SC · 21.09.2017

Mobilox Innovations v. Kirusa Software

the “existence of a dispute” test

A TV dance show, a ₹20-lakh bill, and one angry email from 2015. When does a real dispute stop an insolvency petition — and when is a defence mere bluster? The three questions every s. 9 case now begins from.

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No. 3 · s. 238A & limitation SC · 22.10.2024

Vidyasagar Prasad v. UCO Bank

2024 INSC 810 · the balance-sheet acknowledgment

The bank knocked fifteen months after the deadline seemed to pass — and was in time. A settlement letter and one note in the company’s own balance sheet restarted the clock: how s. 18 acknowledgments really work under the Code.

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No. 2 · ss. 7 & 32A SC · 19.01.2021

Manish Kumar v. Union of India

three-judge bench

Parliament built a gate on the homebuyer’s petition — 100 allottees or 10% — and a shield over rescued companies. Both survived. The Gate, the Shield, and the clock that decided who was caught in between.

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No. 1 · s. 29A SC · 04.10.2018

ArcelorMittal India v. Satish Kumar Gupta

the Essar Steel bidding war

Who may bid for a bankrupt company? Two global giants, two hidden family skeletons, two eve-of-bid cover-ups — and the see-through provision that caught them both.

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More landmarks are added as they clear the verbatim check — the collection grows case by case.

Why three seats

A judgment is read differently from every seat in the courtroom

The public hears a story. The bar argues the ratio. The bench watches for what everyone else missed. Most legal writing picks one audience and loses the others — each page here serves all three, at three depths, and lets you stop at any level with something complete.