Judicial Review on Commercial Wisdom of CoC | Adv. Akanksha Mathur | Beyond the Code

In this session of Insolvified's Beyond the Code series, Advocate Akanksha Mathur (Independent Practitioner; Former Senior Associate, Gravitas Legal) unpacks one of the most litigated doctrines in Indian insolvency law, the "commercial wisdom" of the Committee of Creditors (CoC), and how far courts can actually go in reviewing it. The session covers: The origins of the doctrine being K. Sashidhar v. Indian Overseas Bank and Essar Steel Why CoC's commercial decisions are treated as largely non-justiciable The narrow exceptions courts have carved out, procedural irregularities, discriminatory treatment among similarly situated creditors, and fair & equitable treatment obligations Where "reviewing the process" ends and "second-guessing the commercial decision" begins An interactive session featuring live audience discussion and Q&A, ideal for insolvency professionals, restructuring lawyers, resolution professionals, and law students engaging with IBC jurisprudence. 🔗 Follow Insolvified for more sessions in the Beyond the Code series. #Insolvified #BeyondTheCode #IBC #CommitteeOfCreditors #InsolvencyLaw #CorporateInsolvency #NCLT #NCLAT