Satinder Singh Bhasin v. Col. Gautam Mullick & Ors. | Civil Appeal Nos. 13628, 13779 & 13812 of 2025 | 2026 INSC 104
Introduction
In a significant ruling delivered on January 2, 2026, a two-judge bench of the Supreme Court of India comprising Justice Sanjay Kumar and Justice K. Vinod Chandran authoritatively settled several contested questions arising under Section 7 of the Insolvency and Bankruptcy Code, 2016. The judgment in Satinder Singh Bhasin v. Col. Gautam Mullick & Ors. addresses the maintainability of a joint insolvency petition against two interlinked corporate entities, the interpretation of the statutory threshold for allottee-creditors, and the legal efficacy of possession letters issued without fulfilment of mandatory…