SUPREME COURT
Case Title : H.D.F.C. BANK LIMITED VERSUS KISHORE K. MEHTA (DEAD) THR. LRS.
Case Number : CIVIL APPEAL NO. 4211 OF 2010
CITATION : 2026 LLBiz SC 234
The Supreme Court on Monday held that a recovery certificate issued by a Debt Recovery Tribunal (DRT) before the 2016 amendment to the Recovery of Debts and Bankruptcy Act cannot be treated as a decree or order for initiating insolvency proceedings under the Bombay’s Presidency Towns Insolvency Act, 1909. Dismissing HDFC Bank’s appeal, the court observed that Parliament recognised such equivalence only through the 2016 amendment.