Clean Slate theory – Claims not forming part of an approved Resolution Plan stand extinguished

Ghanashyam Mishra and Sons Private Limited v. Edelweiss Asset Reconstruction Company Limited and Ors., decided by the Supreme Court of India on April 13, 2021 – The Full bench, comprising of Mr. Justice R.F. Nariman, Mr. Justice B.R. Gavai and Mr. Justice Hrishikesh Roy, decided on the following issues: Can any creditor, including the Central […]