IBC| 'Mere Settlement Talks Can't Defer CIRP Admission Once Debt & Default Is Established', Supreme Court Affirms Revival Of CIRP
Yash Mittal
9 July 2026 1:01 PM IST
The Supreme Court on Thursday (July 9) dismissed the appeals filed by the suspended director of Parsvnath Developers Ltd., upholding the revival of Corporate Insolvency Resolution Process proceedings against the real estate group in a default case involving approximately ₹452 crore.A partial court working days bench of Justice KV Viswanathan and Justice Alok Aradhe refused to interfere with...
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