23 July 2026   |   Lexocrats: India's legal intelligence, learning and publication ecosystem
AdvertiseContact
Breaking
Supreme Court and High Court updates in one place • Submit articles, blogs, case comments and research papers • Find internships, jobs, moots, conferences and courses • Buy law books, bare acts, legal stationery and templates

Can an arbitral award be an instrument under Section 238 IBC?

2026 SCC Online SC 412 | Supreme Court

Court: Supreme Court Bench: Justice Sanjiv Khanna, Justice M.M. Sundresh Date: 15 May 2026
Case No: Civil Appeal No. 789/2026 Subject: Arbitration Views: 8

Ratio Decidendi

An arbitral award is a decree under Section 36 of the Arbitration Act and can be enforced under IBC. The Court clarified that award holders can initiate CIRP against corporate debtors.

Full Judgment

Full judgment content here...

Keywords

Arbitration, IBC, Section 238, Arbitral Award, CIRP