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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 342 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 51 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 303 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 258 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


Wings of Change: India’s Revolutionary Aviation Insolvency Notification

December 16, 2023 1200 Views 0 comment Print

The recent MCA announcement addressing the moratorium under Section 14(1) of the IBC is a watershed moment for India’s aviation industry. To truly comprehend its significance, one must first understand the particular geography of the Indian aviation sector.

Once NCLT approves resolution plan, the appeal before CESTAT abates

December 13, 2023 912 Views 0 comment Print

Explore the implications of the National Company Law Tribunal’s resolution plan approval on the CESTAT Bangalore’s jurisdiction in the case of Patanjali Foods Ltd. vs. Commissioner of Customs.

NCLT Not Obligated to Monitor Every Settlement Payment as a sentinel/guardian

December 9, 2023 1434 Views 0 comment Print

NCLT Delhi’s landmark judgment in Agson Global vs. Prodalim B.V clarifies its role in settlement payments. Breach doesn’t trigger CIRP. Full order text included.

IBBI cancel registration of IP for repeated contraventions, unresponsiveness & continuous absence

December 8, 2023 1041 Views 0 comment Print

Explore the detailed analysis of the Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee’s order suspending Mr. Manish Gupta, a registered Insolvency Professional.

Insolvency Professionals Appointment Guidelines 2023 by IBBI

December 8, 2023 2496 Views 0 comment Print

Explore the Insolvency and Bankruptcy Board of India’s latest guidelines (2023) for appointing Interim Resolution Professionals, Liquidators, Resolution Professionals, and Bankruptcy Trustees. Learn about eligibility criteria, expression of interest, scoring criteria, and more.

Mr. Jithesh John Appointed Executive Director at IBBI

December 1, 2023 777 Views 0 comment Print

Discover the latest update from IBBI as Mr. Jithesh John assumes the role of Executive Director. Uncover his extensive experience in economic services and insights into India’s financial landscape.

Navigating Legal Boundaries: Analyzing Institutional Challenges in Cross-Border Insolvency

December 1, 2023 627 Views 0 comment Print

Navigating Legal Boundaries: Analyzing Institutional Challenges in Cross-Border Insolvency. Comprehend global regulations on cross-border bankruptcy & explore complexities of jurisdictional disputes. EU & UNCITRAL frameworks discussed.

HC dismisses appeal for inclusion of Statutory Income Tax dues in already approved Resolution Plan 

November 30, 2023 738 Views 0 comment Print

Delhi HC dismisses AY 2008-09 appeal; Resolution Plan lacks provision for statutory dues. Explore the court’s decision on the maintainability of the appeal.

Role of Regulatory Bodies and Intermediaries in Insolvency Proceedings

November 26, 2023 2010 Views 0 comment Print

Discover how regulatory bodies & intermediaries play a key role in insolvency proceedings. Learn the importance of compliance and economic stability in avoiding financial distress!

GST: SOP for cases before National Company Law Tribunal (NCLT)

November 21, 2023 3612 Views 0 comment Print

Explore the detailed SOP for handling insolvency cases before the National Company Law Tribunal (NCLT) as per SGST guidelines. Learn the process from initiation to resolution

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