Latest Supreme Court Judgments

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Section 65, Insolvency and Bankruptcy Code, 2016

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Can a fraudulently initiated CIRP be recalled without terminating the entire process?

Court Rules Fraudulent CIRP Can Be Recalled But Not Automatically Annulled

Orris Infrastructure Private Limited vs Rakesh Kumar Gupta & Ors.

Insolvency and Bankruptcy Law / Corporate Insolvency Resolution Process

The Supreme Court held that the Adjudicating Authority has power to recall a fraudulently initiated CIRP but must decide independently whether to continue or terminate the proceedings after hearing all stakeholders.

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