Sl. No.

Contents

Page

1.

Introductory

1-3

2.

Brief Outline and the Issues Involved

3-5

3.

Parties and their respective roles and interest in the matter

6-7

4.

The transactions in question

8-11

5.

The relevant factual and background aspects

11-18

6.

The Application by Interim Resolution Professional and the order passed by NCLT

18-24

7.

Appeals before NCLAT: the impugned order

24-29

8.

The relevant provisions

29-37

WHETHER THE TRANSACTIONS IN QUESTION ARE PREFERENTIAL:

9.

Broad features of rival contentions and submissions

38-54

10.

Insolvency and Bankruptcy Code, 2016: historical background, objects, scheme and structure of the relevant parts

54-58

11.

Preferential transaction at a relevant time: concept and connotations

58-64

12.

Analysing Section 43 of the Code

64-74

13.

Whether impugned transactions are preferential, falling within the ambit of sub-section (2) of Section 43 IBC

74-80