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bankruptcy code

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IBBI Circular on Filing Forms for Monitoring Voluntary Liquidation Processes

CA, CS, CMA : Discover IBBI Circular No. IBBI/LIQ/74/2024 dated 28-06-2024 on voluntary liquidation processes under the Insolvency and Bankruptc...

June 30, 2024 252 Views 0 comment Print

Forgotten Creditors: IBC’s Dual Approach for Homebuyers & other Consumers

Corporate Law : Discover how Insolvency and Bankruptcy Code (IBC) protects homebuyers and other consumers, with a detailed analysis of financial a...

June 24, 2024 453 Views 0 comment Print

Exit Strategies for Companies: Understanding Strike Off & Voluntary Liquidation

Company Law : Explore company exit strategies in India: Strike Off under Companies Act, 2013 vs Voluntary Liquidation under IBC, 2016. Understan...

June 22, 2024 1116 Views 1 comment Print

Comparative Analysis of IBC, 2016 With International Bankruptcy Laws

Corporate Law : Explore the Insolvency and Bankruptcy Code, 2016 alongside international bankruptcy laws, focusing on key differences, similaritie...

June 18, 2024 450 Views 0 comment Print

Delhi HC Went Overboard in deciding Tata Bhushan Steel vs. Venus Recruiters

Corporate Law : Delhi HC's ruling on Tata Steel BSL Ltd. v. Venus Recruiters allows avoidance proceedings beyond CIRP, diverging from established ...

June 14, 2024 384 Views 0 comment Print


Latest News


IBBI Issues Guidelines for Insolvency Professionals 2024

Corporate Law : Learn about the new guidelines by IBBI for Insolvency Professionals acting as IRPs, Liquidators, RPs, and BTs. Details on eligibil...

July 5, 2024 195 Views 0 comment Print

IBBI Format for progress report during Liquidation process

Corporate Law : IBBI updates the progress report format for liquidation processes, seeking comments by July 12, 2024. Learn about the new requirem...

June 22, 2024 345 Views 0 comment Print

IBBI Discussion Paper: Proposed Amendments to CIRP Regulations

Corporate Law : IBBI invites comments on proposed amendments to CIRP regulations, focusing on valuation processes, MSME treatment, voting protocol...

June 19, 2024 315 Views 0 comment Print

Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

Corporate Law : Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and stream...

June 12, 2024 234 Views 0 comment Print

IBBI Guidelines 2024: Interim Resolution, Liquidation and Bankruptcy Trustees

Corporate Law : The Insolvency and Bankruptcy Board of India issues guidelines for Insolvency Professionals to act as Interim Resolution Professio...

June 5, 2024 384 Views 0 comment Print


Latest Judiciary


RERA Allottee Financial Creditors Must Meet Threshold for Section 7 IBC Application

Corporate Law : NCLAT Delhi ruled that financial creditors who are allottees under RERA must meet the threshold criteria to file a Section 7 appli...

July 20, 2024 237 Views 0 comment Print

NCLAT Raps Practising Company Secretary Over Filing Appeal with Voluminous Records

Corporate Law : Read the full text of the NCLAT judgment/order in A. Vijayan & Ors. vs Silver Line Retreat Hotels Pvt. Ltd. Understand why the tri...

July 20, 2024 363 Views 0 comment Print

Corporate Guarantor’s Liability Stands Despite Non-Invocation of Guarantee: NCLAT

Corporate Law : Submission of Appellant that since guarantee has not been invoked there is no debt cannot be accepted. Guarantee continues to bind...

July 20, 2024 234 Views 0 comment Print

NCLT Cannot Interfere with CoC’s Commercial Decisions: Indian Bank Case Analysis

Corporate Law : NCLT case of Indian Bank vs. Nimitya Hotel & Resorts Pvt. Ltd., where court deliberates on CoC's freedom to decide on settlement p...

July 20, 2024 183 Views 0 comment Print

NCLT rejects CIRP application as default by Corporate Debtor not proved

Corporate Law : Detailed analysis of the NCLT Mumbai judgment in SBI vs Navjeevan Tyres, addressing issues of loan recall notice and corporate gua...

July 14, 2024 387 Views 0 comment Print


Latest Notifications


IBBI Disciplinary Committee imposes penalty on IP for not co-operating with IBBI

Corporate Law : IBBIs recent order finds Vijaykumar Varun in violation of Insolvency Code provisions. Read details on non-compliance and disciplin...

July 24, 2024 117 Views 0 comment Print

IBBI Imposes ₹50,000 Penalty on Insolvency Professionals for Non-Cooperation

Corporate Law : Read about the IBBI Disciplinary Committee's decision on Mr. S. Diraviam regarding alleged violations during a corporate insolvenc...

July 24, 2024 120 Views 0 comment Print

IBBI penalises IP for not filing application regarding fraudulent transaction

Corporate Law : Detailed analysis of IBBI Order 229/2024 on Mr. Narender Kumar Sharma, resolving a show-cause notice with significant findings and...

July 15, 2024 102 Views 0 comment Print

IBBI suspends valuer for misuse of IBBI’s name/logo and misleading declarations

Corporate Law : Explore the IBBI's decision on Mr. Gopal Krishna Raju regarding violations under the Companies Act, 2013 and Valuation Rules, incl...

July 13, 2024 393 Views 0 comment Print

IBBI suspends IP for discussions with ex-directors regarding fees as RP

Corporate Law : Explore IBBI's Disciplinary Order No. IBBI/DC/228/2024 dated 11 July 2024 against Reshma Mittal, detailing the CIRP process, alleg...

July 11, 2024 108 Views 0 comment Print


Latest Posts in bankruptcy code

IBBI Disciplinary Committee imposes penalty on IP for not co-operating with IBBI

July 24, 2024 117 Views 0 comment Print

IBBIs recent order finds Vijaykumar Varun in violation of Insolvency Code provisions. Read details on non-compliance and disciplinary actions taken.

IBBI Imposes ₹50,000 Penalty on Insolvency Professionals for Non-Cooperation

July 24, 2024 120 Views 0 comment Print

Read about the IBBI Disciplinary Committee’s decision on Mr. S. Diraviam regarding alleged violations during a corporate insolvency resolution process. Insights on findings, penalties, and implications discussed.

RERA Allottee Financial Creditors Must Meet Threshold for Section 7 IBC Application

July 20, 2024 237 Views 0 comment Print

NCLAT Delhi ruled that financial creditors who are allottees under RERA must meet the threshold criteria to file a Section 7 application under IBC. Learn more about the judgment.

NCLAT Raps Practising Company Secretary Over Filing Appeal with Voluminous Records

July 20, 2024 363 Views 0 comment Print

Read the full text of the NCLAT judgment/order in A. Vijayan & Ors. vs Silver Line Retreat Hotels Pvt. Ltd. Understand why the tribunal criticized the filing of voluminous records and how it impacts legal proceedings.

Corporate Guarantor’s Liability Stands Despite Non-Invocation of Guarantee: NCLAT

July 20, 2024 234 Views 0 comment Print

Submission of Appellant that since guarantee has not been invoked there is no debt cannot be accepted. Guarantee continues to bind Corporate Guarantor to discharge its liability and fact that as on date, guarantee has not been invoked, cannot be a ground for Appellant to be liquidated under Section 59 of IBC.

NCLT Cannot Interfere with CoC’s Commercial Decisions: Indian Bank Case Analysis

July 20, 2024 183 Views 0 comment Print

NCLT case of Indian Bank vs. Nimitya Hotel & Resorts Pvt. Ltd., where court deliberates on CoC’s freedom to decide on settlement proposals under Section 12A of I&B Code.

IBBI penalises IP for not filing application regarding fraudulent transaction

July 15, 2024 102 Views 0 comment Print

Detailed analysis of IBBI Order 229/2024 on Mr. Narender Kumar Sharma, resolving a show-cause notice with significant findings and disciplinary actions.

NCLT rejects CIRP application as default by Corporate Debtor not proved

July 14, 2024 387 Views 0 comment Print

Detailed analysis of the NCLT Mumbai judgment in SBI vs Navjeevan Tyres, addressing issues of loan recall notice and corporate guarantor demand.

NCLT Upholds RP’s Stance on Malafide Assignment for Indirect CoC Representation

July 14, 2024 195 Views 0 comment Print

NCLAT Delhi upholds NCLT decision against Rolta Private Limited’s assignment agreement as malafide, prolonging CIRP process. Full judgment analysis here.

IBBI suspends valuer for misuse of IBBI’s name/logo and misleading declarations

July 13, 2024 393 Views 0 comment Print

Explore the IBBI’s decision on Mr. Gopal Krishna Raju regarding violations under the Companies Act, 2013 and Valuation Rules, including misuse of IBBI’s name/logo and misleading declarations.

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