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25 September 2025

Supreme Court Clarifies Section 14(1)(d) Of IBC | CoC's Commercial Wisdom Upheld (Video)

IL
IndiaLaw LLP

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In this episode by INDIALAW LLP, we unpack a Supreme Court ruling in Sincere Securities v. Chandrakant Khemka. The Court held that the moratorium under Section 14(1)(d) cannot block...
India Corporate/Commercial Law

In this episode by INDIALAW LLP, we unpack a Supreme Court ruling in Sincere Securities v. Chandrakant Khemka. The Court held that the moratorium under Section 14(1)(d) cannot block the surrender of property when approved by the Committee of Creditors. This decision reinforces creditor-driven resolution, affirms the primacy of CoC's commercial wisdom, and curbs misuse of the moratorium by suspended management.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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