IBBI, SC Judgement Dated 07/05/2026 – IBC is not a recovery shortcut, rejects CIRP in Builder-Bank-Borrower Dispute

Case of Dhanlaxmi Bank Limited vs Mohammed Javed Sultan, SC Judgement Dated 7th May 2026. The apex court held that insolvency proceedings cannot be invoked as a coercive recovery mechanism where the dispute is predominantly contractual and already pending before an appropriate forum like the DRT. 

(Link: SC Judgement Dated 07/05/2026)

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