SC Allows Simultaneous CIRP Against Borrower & Guarantor

The corporate insolvency landscape in India witnessed a landmark clarification with the Supreme Court’s comprehensive judgment in ICICI Bank Limited v. Era Infrastructure (India) Limited and connected matters, delivered in 2026. This pivotal ruling addressed one of the most contentious issues in insolvency law: whether financial creditors can simultaneously initiate Corporate Insolvency Resolution Process (CIRP)…

Sarda Energy & Minerals Share Price Up 5.8% After Supreme Court Upholds SKS Power Resolution Plan

Sarda Energy & Minerals Ltd shares were up 5.80% after the company informed that the Supreme Court had rejected all appeals filed by unsuccessful resolution applicants against approval of its resolution plan for SKS Power Generation (Chhattisgarh) Ltd, removing the final judicial overhang on the acquisition process. The disclosure, addressed to both BSE Ltd and…