Vijay Kumar Singhania Vs Bank of Baroda and Anr (Supreme Court of India)
Case ke facts
Corporate debtor par IBC Section 7 ke tahat insolvency proceeding daali gayi. NCLAT ne alternative evidence of default aur OTS acknowledgement bhi accept ki.
Mudda (Issue)
Kya alternative evidence of default, jaise OTS documents, IBC proceedings mein chalega?
Faisla (Held)
Supreme Court ne NCLAT ka decision uphold kiya. Court ne bola OTS acknowledgement bhi default prove karne ke liye valid hai.
Practical takeaway
Agar aap kisi loan default par insolvency process start kar rahe ho, to OTS documents ya alternative default ki bhi value hai.
Original report: TaxGuru
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-10-28.