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...
The NCLT Bengaluru directed the bank to hand over the original title deeds after finding that the successful resolution applicant had paid the entire amount under the approved resolution plan. It held that pending litigation over interest did not justify withholding the documents.
The NCLT Bengaluru admitted the CIRP application after finding that the corporate debtor had expressly acknowledged the operational debt and default. It held that financial hardship did not defeat admission under the IBC.
The NCLT Bengaluru permitted amendment of the date of default in a Section 9 petition after holding that the change merely aligned the pleadings with the existing factual foundation. It ruled that the amendment did not introduce a new cause of action.
The NCLT Chennai admitted a Section 9 insolvency petition after holding that the corporate debtor failed to establish a genuine pre-existing dispute. It found that the objections regarding quality and adjustments were unsupported by contemporaneous evidence.
The NCLT held that a film co-production arrangement involving joint investment, shared control, and profit sharing did not create an operational debt under the IBC. It dismissed the Section 9 petition without examining limitation or set-off.
The NCLT Delhi held that salary dues relating to the period covered by Section 10A of the IBC could not be considered while computing the default amount. After excluding those dues and the interest claim, the alleged default fell below the statutory threshold, leading to dismissal of the insolvency application.
The Bombay High Court dismissed a writ petition after holding that the petitioner had an effective statutory remedy before the NCLAT under Section 61 of the IBC. The Court ruled that writ jurisdiction cannot ordinarily be invoked when such an alternative remedy exists.
The article explains how the NCLAT interpreted Section 66(1) to extend liability beyond company insiders to third parties who knowingly participate in fraudulent conduct. It highlights the shift toward creditor-focused value recovery under the IBC.
The Tribunal found the amalgamation application maintainable and noted compliance with valuation, accounting standards, board approvals, and disclosure requirements. It allowed the first motion application while directing further statutory compliances before sanction of the Scheme.
The NCLT initiated bankruptcy proceedings after finding that the personal guarantor failed to submit a repayment plan during the insolvency resolution process. It held that the statutory requirements under the Insolvency and Bankruptcy Code had been substantially complied with.
