Case of Abhaykumar Anandkumar Bhambore vs Ortho Relief Hospital and Research Centre, , SC Judgement Dated 16th April 2026.The apex court upheld the HC Judgement, which held that the Directors of the Company remain liable under Section 138 of the NI Act, even if the Company debt is resolved under the Insolvency and Bankruptcy Code. Section 138 proceedings are penal in nature, aimed at maintaining the integrity of commercial transactions and not just compensating.
