Supreme Court of India · 2025-01-03
Mohammed Enterprises (Tanzania) Ltd vs Farooq Ali Khan
- Court
- Supreme Court of India
- Petitioner
- Mohammed Enterprises (Tanzania) Ltd
- Respondent
- Farooq Ali Khan
- Author
- Pamidighantam Sri Narasimha
- Bench
- Pamidighantam Sri Narasimha
Judgment text excerpt
The Supreme Court examined the validity of the High Court's judicial review of the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The Court held that the High Court's interference with the resolution process was unwarranted, affirming the primacy of the insolvency resolution framework and the authority of the Committee of Creditors. The Court emphasized that judicial review is limited and cannot interfere with the substantive decisions of the resolution process unless there is a clear violation of principles of natural justice or statutory provisions.