IBBI, SC Judgement Dated 23/04/2026 – CIRP initiation for recovery amounts to misuse of Insolvency Framework 

Case of Anjani Technoplast Ltd vs Shubh Gautam, SC Judgement Dated 23rd April 2026. The apex court held that IBC cannot be used as a substitute for execution of money decrees or a coercive tool for recovery against solvent companies. The appropriate forum for resolving disputes regarding the calculation and execution of the decree is the High Court, which was already seized of the matter.

(Link: SC Judgement Dated 23/04/2026)

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