Sukrit Kapoor Highlights Need for Stronger Approach in CIRPs Amid JSW Steel–BPSL Case Review

In light of the Supreme Court’s intervention in the JSW Steel–BPSL case — which is set to test the sanctity of settled cases under the Insolvency and Bankruptcy Code (IBC) — Sukrit Kapoor, in a recent article by The Hindu BusinessLine, emphasized the critical importance of procedural efficiency in insolvency proceedings.

“This matter highlights the need for a robust and sharp judicial and professional approach to CIRPs. Protecting commercial wisdom and ensuring investor confidence can only be ensured through procedural efficiencies,” he said.

The observation highlights the industry’s call for safeguarding commercial decisions under the IBC framework, while reinforcing confidence among investors and resolution applicants.

Read more: https://www.linkedin.com/feed/update/urn:li:activity:7360942150097780736