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Earlier this month, the Supreme Court of India passed a judgment concerning the eligibility of resolution applicants for Essar Steel India Limited. INDUSLAW's Saurav Kumar, Harman Walia and Jaskiran Kaur discusse the Supreme Court's verdict, which interprets Section 29A of the Insolvency and Bankruptcy Code, 2016 in depth, and sheds light on certain ambiguities relating to its applicability.