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The dominant issue is the scope of judicial review under Article...

Scope of judicial review under Article 226: supervisory, not appellate; factual reappraisal barred, challenge dismissed; insolvency professional duties upheld

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IBC January 13, 2026 Case Laws HC
The dominant issue is the scope of judicial review under Article 226: the Court reaffirmed that writ jurisdiction is supervisory not appellate, permitting interference only for decisions that are unreasonable, irrational, arbitrary or perverse; factual reappraisal is impermissible - challenge dismissed on this ground. On the substantive obligation of an insolvency professional, the Court held that statutory duties under Section 30(2), Section 29A, the Regulations and the Code of Conduct require active compliance, and ignorance of cancellation of an MSME certificate does not absolve responsibility - outcome: impugned findings upheld. Attempts to litigate factual merits not raised below and res judicata against a second show-cause notice were rejected; appeal dismissed. - HC

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Acts Income Tax