Supreme Court Allows Creditor Left With 0.72% Payout in Insolvency to Seek Set-Off in Arbitration
The Supreme Court allowed Modern Asset, which received only 0.72% of its claim in insolvency, to raise a counterclaim for set-off in arbitration with KNK Construction. – Modern Asset v. KNK Construction Private Limited The Supreme Court on October 8, 2026 held that Modern Asset, a creditor that received only 0.72% of its claim under…

