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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 261 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 321 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 174 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 240 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 294 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 243 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 306 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 411 Views 0 comment Print


IBBI Limits Insolvency Professionals to 10 Ongoing or 3 High-Value Cases

November 20, 2025 714 Views 0 comment Print

The 2025 amendment caps professionals at ten concurrent assignments, with stricter limits for high-value cases, improving efficiency and accountability.

Insolvency Professionals Liable for Late or Inaccurate Form Filing: IBBI

November 20, 2025 363 Views 0 comment Print

IBBI amends regulations mandating timely and accurate filing of forms by resolution professionals, with penalties for delays and incomplete submissions.

Tripartite Agreement Trap: Home Loans to Buyers are Not Financial Debt of Developer: NCLAT

November 18, 2025 5019 Views 0 comment Print

The Tripartite Agreement Trap: When Banks Lose Financial Creditor Status in Real Estate Insolvency This case memo discussed the ruling of the Hon’ble NCLAT Principal Bench, New Delhi, in the matter of UCO Bank v. Debashish Nanda, RP Bulland Buildtech Pvt. Ltd., [Company Appeal (AT) (Insolvency) No. 465 of 2024], where the Court held that […]

How Recent SC Judgments Are Redefining Valuation Standards Under IBC

November 18, 2025 1686 Views 0 comment Print

Explains how recent Supreme Court and NCLAT rulings now treat valuation as a quasi-judicial process, requiring strict methodology, independence and defensible documentation.

SC Quashes Post-CIRP Tax Demands, Contempt for established for Ignoring Resolution Plan

November 18, 2025 672 Views 0 comment Print

SC found that issuing tax notices for periods before takeover violated the ruling that all non-included claims are extinguished upon approval of the resolution plan. The recovery proceedings were set aside.

IBBI Tightens Section 29A Due Diligence Requirements in CIRP

November 18, 2025 1032 Views 0 comment Print

The circular mandates stronger verification of applicant eligibility under Section 29A and requires RPs to present detailed compliance notes to the CoC. The key takeaway is enhanced scrutiny to ensure transparent and challenge-free resolution processes.

Strengthening CIRP Transparency: IBBI Releases New Safeguards Proposal

November 17, 2025 663 Views 0 comment Print

 The IBBI proposes measures to enhance transparency, disclosure, and accountability in corporate insolvency resolution, including allottees’ inclusion and CoC safeguards.

IBBI Discussion Paper on Minimum Capital Contribution for IPE Directors/Partners

November 17, 2025 492 Views 0 comment Print

IBBI seeks public input on requiring directors/partners in Insolvency Professional Entities to hold a minimum shareholding or capital contribution, aiming to improve governance and accountability.

Treatment of Government Dues in IBC: After Rainbow Papers and New IBC Bill

November 16, 2025 1179 Views 0 comment Print

Article explains how Rainbow Papers briefly elevated government dues to secured status and how IBC Amendment Bill, 2025, restores original waterfall priority. The key takeaway is that statutory dues will no longer gain secured status automatically.

IFSCA Seeks Public Input on Updating IBC and OEC Regulations

November 15, 2025 774 Views 0 comment Print

A detailed consultation has been launched to gather suggestions on improving rules governing foreign university campuses in GIFT IFSC. The objective is to align the framework with global best practices.

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