Thursday, February 12, 2026

IBC Decisions 2026

*IBC Decisions 2026 : Puro Natural Sugars JV v Shree Warana Sahakari Bank Ltd. & Ors. [2026] GCtR 127 (NCLAT)*

Dealing with case under IBC, 2016 it is held that when amount was indicated in the plan of Rs.2,00,00,000/- for towards assignment of all residual debts of the secured creditors which has been approved by the CoC with requisite vote shares, it is not open for the dissenting financial creditor to contend about amount being meagre or inadequate. 

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