https://www.taxtmi.com/caselaws?id=794946 A pre-2016 Debts Recovery Tribunal recovery certificate was not a "decree or order" under Section 9(2) of the Presidency Towns Insolvency Act, 1909, because insolvency provisions with serious civil consequences require strict construction and the expression refers to decrees or orders of regularly constituted courts under the Code of Civil Procedure. It therefore could not support an insolvency notice. Section 19(22A) of the Recovery of Debts and Bankruptcy Act, 1993, introduced in 2016, deemed recovery certificates to be decrees or orders for specified insolvency proceedings, but did not operate retrospectively. A later amendment could not validate a claim untenable when instituted or revive proceedings after the insolvency notice was quashed. en-us Mon, 13 Jul 2026 00:00:00 +0530 Wed, 15 Jul 2026 08:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794946 A pre-2016 Debts Recovery Tribunal recovery certificate was not a "decree or order" under Section 9(2) of the Presidency Towns Insolvency Act, 1909, because insolvency provisions with serious civil consequences require strict construction and the expression refers to decrees or orders of regularly constituted courts under the Code of Civil Procedure. It therefore could not support an insolvency notice. Section 19(22A) of the Recovery of Debts and Bankruptcy Act, 1993, introduced in 2016, deemed recovery certificates to be decrees or orders for specified insolvency proceedings, but did not operate retrospectively. A later amendment could not validate a claim untenable when instituted or revive proceedings after the insolvency notice was quashed. Case-Laws Indian Laws Mon, 13 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794946