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The Insolvency Process Is Not A Lever For Coercion: Supreme Court Reaffirms That Ibc Mechanism Is Reserved For Genuine Insolvency And Not For The Enforcement Of Money Decrees
The Supreme Court, in Anjani Technoplast Ltd. v. Shubh Gautam (2026 INSC 410) ('Anjani Technoplast'), has set aside the admission of a Section 7 petition filed by a decree holder against a solvent and functioning company. A Bench of P.S. Narasimha and Alok Aradhe, JJ. held that a decree holder who has the full machinery of civil execution available to him cannot invoke the insolvency jurisdiction as a substitute for execution proceedings.
India Insolvency
KS
King, Stubb & Kasiva
Article
Position Of Gig Workers Under India's New Labour Code Framework: What Businesses Need To Know
India's workforce has undergone a significant transformation over the last decade, driven by the rapid growth of digital platforms, app-based services, and independent contracting. Food delivery executives, ride-hailing drivers, freelance professionals, home-service providers, and numerous other workers now operate outside the traditional employer-employee relationship.
India Employment
KS
King, Stubb & Kasiva
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