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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


Implications of Powers of RP/IRP being Administrative & Not Adjudicatory

October 21, 2023 1782 Views 0 comment Print

Explore administrative role of Resolution Professionals and Interim Resolution Professionals (RP/IRP) in verifying and evaluating claims in insolvency proceedings. Understand the implications of their actions.

Discussion Paper on Enhancing Effectiveness of Insolvency Professional Entities

October 20, 2023 906 Views 0 comment Print

This discussion paper addresses the need for enhancing the effectiveness of Insolvency Professional Entities in India and proposes regulatory amendments

IBBI Seeks Suggestions for Simplifying and Reducing Compliance Costs

October 12, 2023 810 Views 0 comment Print

IBBI is inviting suggestions to streamline regulations and reduce compliance costs under IBC, 2016, in response to budget announcements.

IRP, RP or liquidator not allowed to cross Laxman Rekha in due diligence: IBBI

October 9, 2023 690 Views 0 comment Print

An in-depth analysis of a disciplinary case involving Mr. Kamal Agarwal, an Insolvency Professional, and his rejection of claims, despite court rulings

Recusal Rights in NCLT: Recent Case Analysis

October 9, 2023 2811 Views 0 comment Print

Explore recent case of Ishrat Ali v. The Cosmos Cooperative Bank Ltd. & Anr. and its impact on litigants’ rights to seek recusal from NCLT members.

Streamlining Voluntary Liquidation Process: Key Proposals 2023

October 6, 2023 1230 Views 0 comment Print

Explore key proposals for streamlining voluntary liquidation process in India, including disclosures, timelines, and regulatory changes. Share your views with IBBI.

IBBI directs IP to be more diligent & careful in handling assignments under IBC

October 6, 2023 624 Views 0 comment Print

IBBI directs Insolvency Professional Vishva Deep Sharma to be more diligent in handling IBC assignments. Analysis and findings provided.

Govt notifies Exemption from IBC Section 14 for Aircraft-Related Deals

October 3, 2023 1557 Views 0 comment Print

Read Ministry of Corporate Affairs’ notification exempting transactions related to aircraft, aircraft engines, airframes, and helicopters from IBC Section 14(3)(a)

IBBI Penalizes IP for Negligence in admission of claim of Financial Creditors

September 29, 2023 852 Views 0 comment Print

Read about IBBI’s penalty on Mr. Dhaval Jitendra Kumar Mistry, an Insolvency Professional, for not diligently verifying and admitting Financial Creditor claims.

IBBI Cancels Registration of IP for Non-disclosure of Legal Proceedings

September 29, 2023 522 Views 0 comment Print

IBBI has canceled registration of an Insolvency Professional (IP) for failing to disclose involvement in legal proceedings initiated by Enforcement Directorate (ED).

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