IBBI, SC Judgement Dated 18/02/2026 – Delaying CIRP due to settlement proposal without CoC approval is not Justifiable 

Case of Power Trust vs Bhuvan Madav, SC Judgement Dated 18th February 2026. The apex court held that commercial wisdom of Committee of Creditors (CoC) is non-justiciable. The stalling CIRP on account of settlement proposal without approval by CoC is not justifiable. 

(Link: SC Judgement Dated 18/02/2026)

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