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Empowering CoC: Irrevocable Decision to Liquidate Under Section 33(2) of IBC

Corporate Law : NCLAT held that the CoC may decide to liquidate a corporate debtor under Section 33(2) before inviting resolution plans, with limi...

June 30, 2026 198 Views 0 comment Print

Sovereignty of Commercial Wisdom: Balancing Creditor Autonomy & Judicial Oversight under IBC

Corporate Law : This article explains why the Insolvency and Bankruptcy Code places commercial decision-making in the hands of the Committee of Cr...

June 25, 2026 303 Views 0 comment Print

Section 66 IBC Expanded as NCLAT Recognised Third-Party Liability

Corporate Law : The article explains how the NCLAT interpreted Section 66(1) to extend liability beyond company insiders to third parties who know...

June 19, 2026 408 Views 0 comment Print

Homebuyers as Financial Creditor: Genuine Homebuyer V. Speculative Investor

Corporate Law : The Supreme Court held that individuals investing for financial returns rather than home ownership cannot invoke Section 7 of the ...

June 8, 2026 381 Views 0 comment Print

Calcutta HC Bars Shifting of Registered Office If IBC Appeal Pending

Corporate Law : The High Court held that a company cannot shift its registered office after approval of a resolution plan when appeals against the...

June 8, 2026 264 Views 0 comment Print


Latest News


IBBI proposes amendments to CIRP, Liquidation & Personal Guarantor Regulations

Corporate Law : IBBI has proposed amendments to CIRP, Liquidation, and Personal Guarantor Regulations to improve valuation, clarify RP duties, sim...

July 3, 2026 327 Views 0 comment Print

IBBI Proposes Real Estate CIRP Reforms for Stronger Protection for Homebuyers

Corporate Law : The proposed amendments require comprehensive project-wise disclosures, technical assessments, and mandatory information in resolu...

July 2, 2026 174 Views 0 comment Print

IBBI Invites Applications for Research Associates & Consultants

Corporate Law : The IBBI has announced contractual vacancies for Research Associates and Consultants in law and business management disciplines. T...

May 26, 2026 549 Views 0 comment Print

IBBI Issues 2026 Guidelines for Insolvency Professional Appointments

Corporate Law : 2026 Guidelines streamline selection of Insolvency Professionals for IRP, RP, Liquidator, and Bankruptcy Trustee roles, ensuring t...

May 19, 2026 2508 Views 1 comment Print

IBBI Proposes Amendments to IBBI (Liquidation Process) Regulations, 2016

Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....

April 17, 2026 495 Views 0 comment Print


Latest Judiciary


Section 11 MOFA Deemed Conveyance Not Barred by Section 14 IBC Moratorium: Bombay HC

Corporate Law : Bombay HC held that Section 14 IBC moratorium does not prevent deemed conveyance under Section 11 MOFA and restored the society's ...

July 5, 2026 249 Views 0 comment Print

Additional Objections Permissible in Section 7 IBC Proceedings: Kerala HC

Company Law : Kerala HC held Rule 55 empowers NCLT to accept additional pleadings, setting aside refusal to entertain further objections in a Se...

July 4, 2026 87 Views 0 comment Print

Factoring of Trade Receivables Does Not Convert Operational Debt into Financial Debt: NCLAT Delhi

Corporate Law : NCLAT held that invoice discounting through the TReDS platform does not convert operational debt into financial debt. The appeal w...

July 4, 2026 126 Views 0 comment Print

Pending Winding-Up Proceedings Do Not Bar Independent Section 7 IBC Application Unless Irreversible Stage Is Reached: SC

Corporate Law : Supreme Court held that a Section 7 IBC application can proceed despite pending winding-up proceedings where no irreversible stage...

July 3, 2026 90 Views 0 comment Print

NCLT Admits Insolvency Petition Because No Genuine Pre-Existing Dispute Was Established

Corporate Law : NCLT admitted the Section 9 petition after holding that campaign-related emails did not constitute a genuine pre-existing dispute....

July 3, 2026 123 Views 0 comment Print


Latest Notifications


IBBI Cancels IP Registration for Systemic CIRP Misuse & Due Diligence Failures

Corporate Law : IBBI cancelled an IP’s registration over systemic CIRP misuse, flawed valuations, non-disclosures, compliance failures and lack ...

July 4, 2026 294 Views 0 comment Print

IBBI publishes syllabus for Phase 10 of Limited Insolvency Examination

Corporate Law : IBBI has released the Phase 10 syllabus for the Limited Insolvency Examination, effective from October 1, 2026, to reflect evolvin...

July 1, 2026 243 Views 0 comment Print

IBBI RTI Appeal Allowed as CPIO Failed to Respond Within Statutory Time Limit

Corporate Law : The First Appellate Authority directed the CPIO to dispose of the RTI application after finding it was not decided within the 30-d...

June 30, 2026 192 Views 0 comment Print

IBBI Penalises RP for Defying NCLT Orders on Financial Creditor Claim

Corporate Law : The Disciplinary Committee found that the Resolution Professional delayed admission of a financial creditor's claim and failed to ...

June 25, 2026 306 Views 0 comment Print

IBBI Suspends Insolvency Professional Over Multiple CIRP Lapses in Real Estate Case

Corporate Law : The Disciplinary Committee imposed a two-year suspension after finding failures in claim verification, unauthorized financial deci...

June 16, 2026 411 Views 0 comment Print


IBBI Suspends IP Registration for 3 Years Over IBC & IP Regulations Violation

June 25, 2024 882 Views 0 comment Print

Explore IBBIs disciplinary action on Pinaki Sircar, scrutinizing his conduct as IRP and RP in CD-1 and CD-2 insolvency cases. Read the full analysis and conclusions.

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

June 24, 2024 1476 Views 0 comment Print

Discover how Insolvency and Bankruptcy Code (IBC) protects homebuyers and other consumers, with a detailed analysis of financial and operational creditor rights.

NCLT’s rejects CIRP application due to lack of debt proof and default evidence

June 24, 2024 711 Views 0 comment Print

Read about NCLT’s rejection of Mittal Polymers’ CIRP application against Suvarna Additives Pvt Ltd due to lack of debt proof and default evidence.

 NCLT admits Resolution Plan for Harvest Hotels

June 24, 2024 864 Views 0 comment Print

Read the detailed NCLT Delhi judgment on the case between Asset Reconstruction Company and Harvest Hotels & Services Apartments Pvt Ltd. Full text and analysis inside.

Settlement Agreement Breach Not Grounds for CIRP under I&B Code

June 24, 2024 984 Views 0 comment Print

NCLT Kolkata ruled that breaches in settlement agreements do not qualify as operational debt under Section 5(21) of IBC. Full analysis of Amrik Cranes vs Simplex case.

Indemnity obligations under a guarantee do not constitute operational debt: NCLT

June 24, 2024 852 Views 0 comment Print

NCLT Chandigarh rules indemnity obligation under guarantee is not an operational debt in the case of Agarwal Foundries vs. POSCO E&C. Read the full judgment analysis.

NCLT Halts Byju’s Second Rights Issue Amid Mismanagement Allegations

June 24, 2024 1092 Views 0 comment Print

Explore the legal case MIH Edtech Investments B.V. & Ors. vs. Think & Learn Pvt. Ltd. & Ors. in NCLT Bengaluru under Companies Act, 2013. Detailed analysis of Section 242(4) applications, allegations of oppression, mismanagement, and interim orders.

NCLT approves resolution plan of Teknik Plant and Machinery MFG. Co. Pvt. Ltd.

June 24, 2024 636 Views 0 comment Print

Dive into the NCLT Mumbai judgment of H R Bearing Corp. Vs Teknik Plant and Machinery. Detailed analysis, implications, and conclusions explored.

NCLT Delhi approves resolution plan for Era Infra Engineering Limited

June 24, 2024 1926 Views 0 comment Print

Explore the detailed analysis of Union Bank vs. Era Infra Engineering Ltd case, covering the NCLT Delhi judgment, resolution plan approval, objections, and final decision.

NCLT’s admits insolvency proceedings against Himalayan Mineral Waters

June 24, 2024 546 Views 0 comment Print

Read the detailed NCLT judgment on Jammu and Kashmir Bank’s application against Himalayan Mineral Waters for defaulting Rs 50 crore, leading to insolvency proceedings.

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