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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 333 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 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 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 246 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 309 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 414 Views 0 comment Print


Resolution Plan Conditions to Be Complied With: IBC

May 14, 2024 2700 Views 0 comment Print

Understand the conditions for complying with a resolution plan under the Insolvency and Bankruptcy Code (IBC) and learn from relevant court cases.

IBBI Penalizes IP for Non-Cooperation & Failure to Conduct CIRP Proceedings

May 13, 2024 612 Views 0 comment Print

Explore the IBBI disciplinary committee’s order against Vineet Aggarwal for non-cooperation in insolvency cases. Understand the findings, penalties, and implications.

Analysis of Proposed Amendments to IBBI (Information Utilities) Regulations

May 13, 2024 816 Views 0 comment Print

Explore proposed amendments to IBBI (Information Utilities) Regulations aiming to enhance insolvency resolution in India. Analyze key proposals and areas of concern for a comprehensive understanding.

Insights into Voluntary Liquidation Procedures under Section 59 of IBC

May 11, 2024 5448 Views 0 comment Print

Explore the nuances of voluntary liquidation procedures under Section 59 of the Insolvency and Bankruptcy Code (IBC) with insights into regulations, amendments, and implications. Understand the prerequisites, process, and key considerations for corporate entities opting for voluntary winding up.

Discussion paper on Strengthening process of issuance of record of default by Information Utility

May 10, 2024 657 Views 0 comment Print

Explore proposals to enhance IU’s Record of Default issuance process for swift insolvency proceedings. Details on objectives, statutory provisions, and proposed changes.

CPIO cannot be expected to create an information for sharing to a RTI Applicant

May 10, 2024 2097 Views 0 comment Print

Explore a detailed analysis of an RTI appeal before the Executive Director of the Insolvency and Bankruptcy Board of India. Understand the scope, limitations, and outcomes.

Uploading of judicial orders related to insolvency proceedings by Insolvency Professionals

May 9, 2024 846 Views 0 comment Print

Stay updated with IBBI’s latest directive for Insolvency Professionals (IPs) to upload judicial orders related to insolvency proceedings on their dashboard. Learn more.

Impact of Insolvency and Bankruptcy Code on Corporate Debt Resolution in India

May 9, 2024 1590 Views 0 comment Print

Introduction In recent years, the Indian economy has witnessed a paradigm shift in its approach to corporate debt resolution with the introduction of the Insolvency and Bankruptcy Code (IBC) in 2016. The IBC represents a watershed moment in India’s legal and economic landscape, aiming to provide a time-bound and efficient framework for resolving corporate insolvency […]

Valuation for Tax Purpose & Companies Act, IND AS/ AS Accounting Purpose

May 7, 2024 4626 Views 0 comment Print

Understand the significance of valuation reports for tax and accounting purposes, exploring Indian Income Tax implications and compliance with Companies Act and accounting standards.

Prioritize COC Commercial Wisdom in Resolution Plan Approval: NCLT Mumbai

May 6, 2024 558 Views 0 comment Print

The National Company Law Tribunal (NCLT) approved the Resolution Plan, emphasizing the paramount importance of the CoC’s commercial wisdom in such matters. The approval included various directions regarding the plan’s implementation, extinguishment of existing shares, reliefs, amendments to MoA and AoA, and cessation of the moratorium.

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