Tagged “restructuring”

2 articles on restructuring.

Supreme CourtSupreme Court of India

Miheer H. Mafatlal v. Mafatlal Industries: the company court's jurisdiction to sanction a scheme

The Supreme Court laid down the canonical checklist for sanctioning a scheme of arrangement — the court's role is supervisory, not appellate, and it does not sit in appeal over the commercial wisdom of the statutory majority.

Valkya Editorial·14 Jun 2026·8 min

Supreme CourtSupreme Court of India

Catalyst Trusteeship v. Ecstasy Realty: debenture-trustee Section 7 restored

On 24 February 2026, the Supreme Court restored a ₹600 crore Section 7 IBC petition, holding that informal restructuring with one debenture holder cannot defeat a debenture-trustee application that did not follow the Debenture Trust Deed's amendment procedure.

Valkya Editorial·2 Jun 2026·8 min