No More Technical Escapes: SC Settles Law on Guarantee Validity, Stamping & Disclosures in CIRP

State Bank of India & Ors. Vs Doha Bank Q.P.S.C. & Anr. (Supreme Court of India) 1. Introduction In a major boost for consortium lenders and institutional creditors, the Supreme Court of India in State Bank of India & Ors. v. Doha Bank Q.P.S.C. & Anr. (2026 INSC 423) has delivered a powerful verdict safeguarding corporate guarantees. By setting aside concurrent orders of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT), the Apex Court has sent a clear message: technical, fiscal, or accounting omissions by a Corporate Debtor cannot...