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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


Partial modification to IBBI’s 2023 circular on liquidators’ fees

April 18, 2024 1002 Views 0 comment Print

Learn about the partial modification to IBBIs 2023 circular on liquidators’ fees. Analysis of changes and their impact on insolvency professionals.

SC refuses to entertain Appeal against NCLAT order remanding Appeal to NCLT

April 18, 2024 804 Views 0 comment Print

Supreme Court refuses to entertain appeal challenging NCLAT’s remand of NCLT order on Resolution Plan approval. Get insights on the case between Bank of Baroda and Suchi Paper Mills.

Moratorium under IBC does not shield directors/officers from liability: SC

April 18, 2024 1431 Views 0 comment Print

In a case involving Ansal Crown Heights Flat Buyers Association vs. Ansal Crown Infrabuild Pvt. Ltd., the Supreme Court rules that the moratorium under Section 14 of the IBC does not prevent executing a decree against directors/officers.

Pre-Packaged Insolvency Resolution Process (PPIRP) under IBC

April 17, 2024 6720 Views 0 comment Print

Explore the concept, benefits, legal framework, and suggestions for improving the Pre-Packaged Insolvency Resolution Process (PPIRP) under the Insolvency and Bankruptcy Code (IBC) in India.

IBC: Section 95 Petition not Maintainable before NCLT against Partnership Firm/Directors/Individuals

April 16, 2024 7470 Views 0 comment Print

Manyata Reallty Vs Registrar National Company Law Tribunal (Karnataka High Court) The legal landscape surrounding insolvency and bankruptcy has witnessed significant developments in recent years. One such provision is Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. This section deals with the maintainability of petitions before the National Company Law Tribunal (NCLT) against […]

Resolution Applicant Can’t Withdraw or Modify Plan After Creditor Committee Approval: SC

April 14, 2024 1485 Views 0 comment Print

Detailed analysis of Deccan Value Investors L.P. & Anr vs. Dinkar Venkatasubramanian & Anr case. Supreme Court prohibits withdrawal or modification of resolution plans after Committee of Creditors’ approval.

Voluntary liquidation under Companies Act, 2013 & IBC, 2016

April 13, 2024 49608 Views 2 comments Print

Explore the comprehensive process and recent amendments to voluntary liquidation in India. Understand the conditions, timeline, and implications for stakeholders.

IBBI warns & Penalises IP for not representing CD before NCLT effectively

April 12, 2024 1053 Views 0 comment Print

Read the detailed analysis of the Insolvency and Bankruptcy Board of India’s disciplinary action against Ms. Jovita Reema Mathias for her role as a liquidator.

After initiation of resolution process appeal not maintainable if not filed by IRP

April 11, 2024 534 Views 0 comment Print

Since the appellant hadn’t filed the appeal through the Interim Resolution Professional as required under the resolution process, the ITAT deemed the appeal not maintainable and dismissed it.

New applicants barred from participating in CIRP without fresh Form G issuance: NCLAT

April 10, 2024 1188 Views 0 comment Print

NCLAT decision bars new applicants from participating in CIRP without fresh Form G issuance, impacting Mamta Binani case. Full judgment analysis here.

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