Login
Login
HomeCompany & PMLAIBC Can’t Be Used as a Recovery Tool for Enforcing Money Decrees:...

IBC Can’t Be Used as a Recovery Tool for Enforcing Money Decrees: Supreme Court Quashes CIRP Against Solvent Company

Company & PMLASupreme CourtTop Stories

Published on

By Mariya Paliwala
Supreme Court

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Supreme Court has held that insolvency proceedings cannot be invoked as a substitute for execution of a money decree and set aside the initiation of Corporate Insolvency Resolution Process (CIRP) against a solvent company, terming it an abuse of the insolvency framework. The bench of Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe has…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

GST

GST Arrest: Allahabad HC Allows Habeas Corpus Despite Its Earlier Bail Rejection & Pending SLP Before SC

In a striking development raising critical questions on the scope of constitutional remedies in...
Other Laws

Supreme Court Orders Back Wages from 1993, Slams Employer for Delayed Regularisation of Daily Wage Worker

The Supreme Court held that an employee illegally deprived of regularisation cannot be denied...
Other Laws

Essential Qualification Can’t Be Substituted by Higher Degree; Appointment Without Required Experience Invalid: Supreme Court

The Supreme Court of India has held that essential eligibility conditions prescribed in recruitment...
Columns

GST Portal Introduces IMS Offline Tool to Enable Bulk Invoice Actions: How To Use?

The Goods and Services Tax Network (GSTN) has issued an important advisory introducing the...

More like this

GST

GST Arrest: Allahabad HC Allows Habeas Corpus Despite Its Earlier Bail Rejection & Pending SLP Before SC

In a striking development raising critical questions on the scope of constitutional remedies in...
Other Laws

Supreme Court Orders Back Wages from 1993, Slams Employer for Delayed Regularisation of Daily Wage Worker

The Supreme Court held that an employee illegally deprived of regularisation cannot be denied...
Other Laws

Essential Qualification Can’t Be Substituted by Higher Degree; Appointment Without Required Experience Invalid: Supreme Court

The Supreme Court of India has held that essential eligibility conditions prescribed in recruitment...

About us

About Jurishour – Juris Hour is an online news portal for reporting accurate and honest news, articles, judgments, Circulars, orders and notifications related to legal developments.

Company

Categories

© 2025 Juris Hour. All Rights Reserved.