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IndiaCivil
Greenopolis Welfare Confederation vs Rakesh Kumar Gupta
- Court
- Supreme Court of India
- Decided
- Sep 30, 2026
- Citation
- 2026 INSC 1070
- Judges
- Pamidighantam Sri Narasimha, Alok Aradhe
AI breakdown
- The case involves allegations of fraudulent insolvency proceedings for a real estate project.
- The Supreme Court decided to recall the insolvency process due to evidence of fraud.
- The court found that the process was initially set up based on collusion and false claims.
Parties
Applicant
Greenopolis Welfare Confederation
Respondent
Rakesh Kumar Gupta
Judgment text (excerpt)
Greenopolis Welfare Confederation vs Rakesh Kumar Gupta on 30 September, 2026
Author: Pamidighantam Sri Narasimha
Bench: Pamidighantam Sri Narasimha
2026 INSC 1070 REPORTABLE
IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE/ INHERENT JURISDICTION
CIVIL APPEAL NOS. 6797- 6801 OF 2023
ORRIS INFRASTRUCTURE PRIVATE LIMITED ...APPELLANT (S)
VERSUS
RAKESH KUMAR GUPTA & ORS. …RESPONDENT(S)
WITH
CIVIL APPEAL NOS. 6792 - 6796 OF 2023
WITH
CIVIL APPEAL NOS. 6802 - 6806 OF 2023
WITH
CONTEMPT PETITION (C) NOS. 249-253 OF 2025
IN C.A. NOS. 6792 - 6796 OF 2023
JUDGMENT
Table of Contents
I. Introduction .......................................................................................2
II. Facts .................................................................................................3
(i) Findings of Adjudicating Authority (AA) on the allegation of fraud and
collusion by the original operational creditor who filed Section 9
Petition………………………………………………………………………11
(ii) Findings of AA on Ownership and control of M/s Orris over the
Project………………………………………………………………………16
III. Re Issue I – Whether the AA has the power and jurisdiction to recall
CIRP by dismissing the Section 9 petition that was admitted at the
instance of a collusive operational creditor? .................................... 16
Signature Not Verified
IV. Re Issue II – If there is such a power, whether the CIRP proceedings
Digitally signed by
KAPIL TANDON
Date: 2026.09.30
…

Source: Indian Kanoon (indiankanoon.org). Indian court judgments are public records; the summary and translations are AI-generated.