Indian courts, clearly reported
Supreme Court

Orris Infrastructure Private Limited V. Rakesh Kumar Gupta and Ors.

Supreme Court—Civil Appeals—IBC, 2016—Sections 7, 9, 10, 12A and 65—CIRP initiated through fraudulent and collusive Section 9 application—AA empowered to recall admission founded on fraudulent jurisdictional facts; however, CIRP, having become in rem, may continue if larger stakeholder interests warrant—NCLAT judgment set aside; CIRP restored for fresh decision on continuation. Date of Judgement—30.09.2026. 

Share this story