Case Comment: Embassy Property Developments Private Limited V. State Of Karnataka (2019)
IJLLR Journal
Janki Agrawal, Jitendra Chauhan College of Law, Mumbai Citation: (2019) SCC Online SC 1542 Bench: Justice Rohinton Fali Nariman and Justice S. Ravindra Bhat Facts The judgment in Embassy Property Developments Private Limited. v. State of Karnataka (2019) arose at a crucial juncture in the development of India’s insolvency jurisprudence. The Insolvency and Bankruptcy Code, 2016 (IBC) had recently been enacted as a comprehensive code to deal with corporate distress, and one of the recurring...