LANDMARK CASE
Swiss Ribbons v. Union of India
(2019) 4 SCC 17 · Supreme Court of India · Insolvency law
At a glance
- Citation: (2019) 4 SCC 17
- Court: Supreme Court of India
- Area of law: Insolvency law
- In one line: The Code was upheld, including the distinction between financial and operational creditors.
1 Facts
Several provisions of the Insolvency and Bankruptcy Code were challenged.
2 Issue
Is the IBC constitutional?
3 What the court decided
The Code was upheld, including the distinction between financial and operational creditors.
4 Why it matters
It confirmed the IBC framework.
5 Think about it
Why are financial creditors given control of the Committee of Creditors?
6 Analyse it yourself
Read the full judgment from an official source or a law database, then brief it in seven steps: facts, issues, arguments, decision, ratio, obiter and significance. Always check the citation before you rely on it.
7 More cases on Insolvency law
- ArcelorMittal India v. Satish Kumar Gupta (2019) 2 SCC 1
- Committee of Creditors of Essar Steel v. Satish Kumar Gupta (2020) 8 SCC 531
- Innoventive Industries v. ICICI Bank (2018) 1 SCC 407
- Mobilox Innovations v. Kirusa Software (2018) 1 SCC 353
- Pioneer Urban Land v. Union of India (2019) 8 SCC 416
All 366 landmark cases · Today's Case of the Day · Weekly quiz
← Swaraj Abhiyan v. Union of IndiaT.M.A. Pai Foundation v. State of Karnataka →
A short teaching summary for students. Educational content only, not legal advice.