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