IBC can’t override Benami Act procedures: SC
- Posted on February 24, 2026
- By Financial Express
- 7 Views
IBC can’t override Benami Act procedures: SC
The Supreme Court has ruled that attachments under the Benami Act cannot be challenged before NCLT or NCLAT under the IBC, reinforcing that the Benami law is a self-contained code and increasing compliance burden for insolvency professionals.
