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    Tag: corporate insolvency India

    “IBC Not a Recovery Tool” Supreme Court Warns Against Misuse of Insolvency Law for Coercion and Debt Recovery by Creditors
    “IBC Not a Recovery Tool” Supreme Court Warns Against Misuse of Insolvency Law for Coercion and Debt Recovery by Creditors
    Supreme Court

    “IBC Not a Recovery Tool” Supreme Court Warns Against Misuse of Insolvency Law for Coercion and Debt Recovery by Creditors

    Supreme Court of India held Insolvency and Bankruptcy Code cannot replace decree execution. Bench of Pamidighantam Sri Narasimha and Alok Aradhe restored NCLT order, imposed costs.

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    By Satyajeet Barik
    23 April 2026, 11:31 PM23 April 2026, 11:31 PM
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