News Update… Supreme Court Reiterates That Adjudicating Authority Under IBC Need Not Examine Merits of Pre-Existing Dispute; Sets Aside NCLAT Order Admitting Section 9 Application and Restores NCLT Order Dismissing It 11 Apr 2026 The Supreme Court has allowed the appeal filed by GLS Films Industries Private Limited, the corporate debtor, and set aside the judgment dated 11.02.2025 passed by the National Company Law…
News Update Supreme Court Overrules High Court’s Interference in CIRP Under IBC 5 Jan 2025 IBC as a Complete Code The Supreme Court, on January 2, disapproved of the Karnataka High Court’s intervention in the Corporate Insolvency Resolution Process (CIRP), emphasizing that the Insolvency and…