Swaraj Infrastructure Pvt. Ltd. v. Kotak Mahindra Bank Ltd. (Civil Appeal No. 1291 of 2019)


Here, in this case, Swaraj Infrastructure Pvt. Ltd. v. Kotak Mahindra Bank Ltd. (Civil Appeal No. 1291 of 2019) the main fact is that the respondent company had received a recovery certificate against the petitioner company from Debt Recovery Tribunal, Mumbai. But there were no results from various attempts to sell the protected properties. Hence, the respondent company filed a winding-up petition and that petition was admitted by Bombay High Court. Being aggrieved, the appellant company had appealed before the Division Bench of Bombay High Court against the admission of the winding-up petition. 

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