Corporate Law : NCLAT held that the CoC may decide to liquidate a corporate debtor under Section 33(2) before inviting resolution plans, with limi...
Corporate Law : This article explains why the Insolvency and Bankruptcy Code places commercial decision-making in the hands of the Committee of Cr...
Corporate Law : The article explains how the NCLAT interpreted Section 66(1) to extend liability beyond company insiders to third parties who know...
Corporate Law : The Supreme Court held that individuals investing for financial returns rather than home ownership cannot invoke Section 7 of the ...
Corporate Law : The High Court held that a company cannot shift its registered office after approval of a resolution plan when appeals against the...
Corporate Law : IBBI has proposed amendments to CIRP, Liquidation, and Personal Guarantor Regulations to improve valuation, clarify RP duties, sim...
Corporate Law : The proposed amendments require comprehensive project-wise disclosures, technical assessments, and mandatory information in resolu...
Corporate Law : The IBBI has announced contractual vacancies for Research Associates and Consultants in law and business management disciplines. T...
Corporate Law : 2026 Guidelines streamline selection of Insolvency Professionals for IRP, RP, Liquidator, and Bankruptcy Trustee roles, ensuring t...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : Bombay HC held that Section 14 IBC moratorium does not prevent deemed conveyance under Section 11 MOFA and restored the society's ...
Company Law : Kerala HC held Rule 55 empowers NCLT to accept additional pleadings, setting aside refusal to entertain further objections in a Se...
Corporate Law : NCLAT held that invoice discounting through the TReDS platform does not convert operational debt into financial debt. The appeal w...
Corporate Law : Supreme Court held that a Section 7 IBC application can proceed despite pending winding-up proceedings where no irreversible stage...
Corporate Law : NCLT admitted the Section 9 petition after holding that campaign-related emails did not constitute a genuine pre-existing dispute....
Corporate Law : IBBI cancelled an IP’s registration over systemic CIRP misuse, flawed valuations, non-disclosures, compliance failures and lack ...
Corporate Law : IBBI has released the Phase 10 syllabus for the Limited Insolvency Examination, effective from October 1, 2026, to reflect evolvin...
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...
Corporate Law : The Disciplinary Committee found that the Resolution Professional delayed admission of a financial creditor's claim and failed to ...
Corporate Law : The Disciplinary Committee imposed a two-year suspension after finding failures in claim verification, unauthorized financial deci...
These regulations may be called Insolvency and Bankruptcy Board of India (Advisory Committee) Regulations, 2017. (2) These regulations shall come into force on the date of their publication in the Official Gazette.
India has embarked on a historic reform of the bankruptcy and insolvency process. The Bankruptcy Law Reforms Committee (BLRC) led by Mr T. K. Viswanathan designed a set of processes to resolve insolvency and bankruptcy. The BLRC visualised four pillars of supporting institutional infrastructure to make these processes work efficiently
Insolvency Professional Agency means any person registered with the Board under section 201 of the Code as an Insolvency Professional Agency.
Article gives An insight on notified provisions of Insolvency and Bankruptcy Code 2016- A CODE THAT PROMISES VIVID FUTURE TO DEBT RECOVERY
1. When can a bank initiate a corporate insolvency resolution process in relation to a corporate debtor? a) On determination of default by National Company Law Tribunal. b) Occurrence of default.
Major policy initiatives and achievements of the Ministry of Corporate Affairs (MCA); MCA entrusted with the responsibility to administer the Insolvency and Bankruptcy Code, 2016 (Code);The Insolvency and Bankruptcy Board of India (IBBI) established; Stabilization of the Cost Records and Audit Rules
Insolvency code offers a lot of opportunities for the professionals of the 3 prestigious institutes i.e. the ICAI-CMA, ICAI-CA & ICSI.
How can I take the IBBI – Limited Insolvency Examination? You need to go through three stages for taking the examination and follow instructions given on the screen at every stage:
(1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. (2) These Regulations shall come into force on the date of their publication in the Official gazzate.
Central Govt appoints 15.12.2016 as the date on which provisions of section 33 to section 54 of Insolvency and Bankruptcy Code, 2016 shall come into force.