INTRODUCTION
In Central Transmission Utility of India Ltd. v. Sumit Binani & Ors., 2026 INSC 284, decided on 23 March 2026, the Supreme Court of India, comprising Justice Sanjay Kumar and Justice K. Vinod Chandran, examined the legality of appropriation of security deposits during the Corporate Insolvency Resolution Process (CIRP).
The Court held that adju...
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