{"id":5778,"date":"2026-05-11T10:46:44","date_gmt":"2026-05-11T10:46:44","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5778"},"modified":"2026-05-11T10:46:47","modified_gmt":"2026-05-11T10:46:47","slug":"ibbi-sc-judgement-dated-23-04-2026-cirp-initiation-for-recovery-amounts-to-misuse-of-insolvency-framework","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/11\/ibbi-sc-judgement-dated-23-04-2026-cirp-initiation-for-recovery-amounts-to-misuse-of-insolvency-framework\/","title":{"rendered":"IBBI, SC Judgement Dated 23\/04\/2026 &#8211; CIRP initiation for recovery amounts to misuse of Insolvency Framework\u00a0"},"content":{"rendered":"\n<p><em>Case of Anjani Technoplast Ltd vs Shubh Gautam, SC Judgement Dated 23<sup>rd<\/sup>\u00a0April 2026.<\/em>\u00a0The apex court held\u00a0that 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.<\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1E0WXr03dFNWGXOltOlBziCB9CJgzaXQX\/view?usp=sharing\"><em>(Link: SC Judgement Dated 23\/04\/2026)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Case of Anjani Technoplast Ltd vs Shubh Gautam, SC Judgement Dated 23rd\u00a0April 2026.\u00a0The apex court held\u00a0that IBC cannot be used [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[66,69],"tags":[],"class_list":["post-5778","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-judiciary-ibbi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBBI, SC Judgement Dated 23\/04\/2026 - CIRP initiation for recovery amounts to misuse of Insolvency Framework\u00a0 - Bhatia Bhola &amp; 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