IBC Moratorium Does Not Shield Promoters; Homebuyers' Consumer Case Against Other Respondents Allowed: Supreme Court

The Supreme Court of India has delivered a landmark judgment clarifying that the moratorium imposed under the Insolvency and Bankruptcy Code (IBC), 2016, applies only to the corporate debtor and does not automatically extend protection to promoters, directors, or other respondents involved with the company. This decision has significant implications for homebuyers and other stakeholders involved in insolvency proceedings. The judgment was delivered on July 27, 2026, by a bench…