Case of Rajendra Kumar Pahwa vs Canara Bank, NCLAT Delhi, Judgement Dated 3rdSeptember 2025. The appellate tribunal eld that the statutory right of a Financial Creditor bestowed under section 7 of the IBC cannot be curtailed to any ‘Inter-Creditor Agreement’ or Consortium agreement executed between the lender banks, as the same was only for regulating the inter-se affairs of the consortium and the OTS proposal cannot be claimed by a borrower as a matter of right.
