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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 339 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 186 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 252 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 90 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 CPIO Advised to Follow RTI Timelines as Response Was Delayed Beyond 30 Days

Corporate Law : The IBBI First Appellate Authority held that although the CPIO failed to respond within the statutory 30-day period under the RTI ...

July 6, 2026 42 Views 0 comment Print

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 300 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 255 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 312 Views 0 comment Print


Role of RP is only that of facilitator between Personal Guarantor & Creditors

June 9, 2024 1341 Views 0 comment Print

NCLT clarifies RP’s role is consulting PG, while debtor must prepare repayment plan. Read the detailed analysis of Indiabulls Housing Finance Ltd. Vs Subhash Chandra.

IBBI order on Unreasonable Expenditure on Charter Planes & Non-Preservation of Records by IP

June 7, 2024 846 Views 0 comment Print

Explore the detailed analysis of Mahender Kumar Khandelwal’s case by the Insolvency and Bankruptcy Board of India Disciplinary Committee, covering alleged contraventions, submissions, and findings.

IBBI Suspends IP for Non-Compliance with NCLAT Directive and Delayed CoC Meetings during CIRP

June 6, 2024 843 Views 0 comment Print

IBBI suspends IP for Failure to act during CIRP despite NCLAT directive and for Delay in convening Committee of Creditors (CoC) meetings.

IBBI Guidelines 2024: Interim Resolution, Liquidation and Bankruptcy Trustees

June 5, 2024 888 Views 0 comment Print

The Insolvency and Bankruptcy Board of India issues guidelines for Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, and Bankruptcy Trustees.

Service of notice gets affected when sent to correct address by registered post

June 4, 2024 1968 Views 0 comment Print

Discover the NCLAT Delhi’s verdict on Mukund Rajhans vs Rajasthan Patrika Pvt Ltd. The corporate debtor’s liability clarified in the latest NCLAT order.

Extension of Payment Time in Resolution Plan not constitute plan modification

June 4, 2024 921 Views 0 comment Print

Analysis of Ashok Dattatray Atre Vs State Bank of India case by NCLAT Delhi. Learn about time extension in payment under IBC and its implications on resolution plans.

NCLAT upholds admission of SBI’s IBC Section 7 application citing errors & legal misinterpretations

June 4, 2024 687 Views 0 comment Print

NCLAT Delhi rules on the admissibility of a Section 7 application by State Bank of India against Advantage Overseas Pvt. Ltd., allowing it despite the timing of the OTS failure. Read the full analysis.

NCLAT Orders Resubmission of Resolution Plan to CoC with NOIDA’s Secured creditor Claim

June 4, 2024 1140 Views 0 comment Print

Learn about SP Probuild LLP Vs. Rabindra Kumar Mintri & Ors case. NCLAT Delhi ruling states that resubmission of resolution plan awaits pending applications.

RTI Appeal: CPIO Not Required to Create Information or Reply vague queries

June 3, 2024 4377 Views 0 comment Print

The CPIO is not obligated to create new information for RTI requests. Learn about the limitations and scope of RTI Act in this detailed analysis.

CPIO is not bound to provide any advice/guidance or opinion to Appellant

June 1, 2024 1080 Views 0 comment Print

Delve into the scope of the RTI Act, rights of applicants, and appeal procedures. Learn how to navigate through legal intricacies regarding information access.

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