B Prashanth Hegde v. State Bank of India
Supreme Court of IndiaSupreme Court of India, 2026, February judgment reference 156Bench: Supreme Court bench
The Supreme Court clarified that a bank's internal classification of a loan as a non- performing asset for accounting or provisioning purposes does not by itself determine the commencement of limitation under the Insolvency and Bankruptcy Code, especially where the debt has subsequently been restructured and acknowledged through fresh agreements.