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REEDLAW 2026 SC 03201 | Om Sakthi Sekar v. V. Sukumar and Others
Supreme Court holds confirmed auction sales can still be reviewed on valuation grounds to ensure fair price realization in recovery proceedings.
Apr 81 min read


Whether Confirmed Auction Sales Can Be Reopened on Valuation Grounds: Supreme Court Upholds Limited Judicial Scrutiny
Supreme Court holds confirmed auction sales can still be reviewed on valuation grounds to ensure fair price realization in recovery proceedings.
Apr 33 min read


Uday J. Desai v. Bank of India and Another, REEDLAW 2026 NCLAT Del 02639
NCLAT reiterates that once debt and default are established, Section 7 admission is mandatory and viability or RBI framework objections cannot defeat CIRP initiation.
Mar 21 min read


Section 7 IBC – RBI Framework or Prior Dismissal No Bar to Admission | NCLAT
NCLAT reiterates that once debt and default are established, Section 7 admission is mandatory and viability or RBI framework objections cannot defeat CIRP initiation.
Mar 23 min read


Catalyst Trusteeship Limited v. Ecstasy Realty Private Limited, REEDLAW 2026 SC 02629
The Supreme Court held that pending or informal restructuring negotiations do not prevent admission of a Section 7 IBC application when financial debt and default are established in accordance with the Debenture Trust Deed.
Feb 271 min read
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