IBBI, SC Judgement Dated 10/12/2025 – Forfeiture of Rs 37.80 Crore upheld by because buyer missed timelines under IBC 

Case of Shri Karshni Alloys Private Limited vs Ramakrishnan Sadasivan, SC  Judgement Dated 10th December 2025. The apex court upheld the forfeiture of a purchaser deposit in a liquidation sale for failing to meet payment deadlines, emphasizing the NCLT authority to impose strict conditions to ensure timely resolution under the IBC.

(Link: SC Judgement Dated 10/12/2025)

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