Supreme Court holds IBC cannot be used as a recovery tool to enforce decrees where the corporate debtor is solvent and the debt remains disputed.

Supreme Court holds confirmed auction sales can still be reviewed on valuation grounds to ensure fair price realization in recovery proceedings.

The Supreme Court expressed grave concern over the misuse of the Insolvency and Bankruptcy Code through systematic asset undervaluation and pre-planned resolution processes, warning against insolvency becoming a shield for legitimising financial fraud.

The Supreme Court held that insolvency proceedings cannot be transferred merely on speculative allegations against tribunal members, reaffirming judicial discipline and institutional independence.