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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


CIRP application u/s. 9 of IBC admitted as operational debt and default thereon proved

October 27, 2025 513 Views 0 comment Print

NCLT Mumbai held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process (CIRP) against Cab-Eez Infra Tech Limited [Corporate Debtor] admitted as operational debt and default thereon established.

CIRP against Blu-Smart Mobility Tech Pvt. Ltd. initiated as debt and default established

October 27, 2025 759 Views 0 comment Print

NCLT Ahmedabad held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Blu-Smart Mobility Tech Private Limited (Corporate Debtor) as operational debt and default in payment established.

Personal Guarantor’s Plea for Lending Documents Dismissed – NCLAT Finds Inspection Sufficient

October 27, 2025 552 Views 0 comment Print

NCLAT Delhi dismisses appeals by personal guarantors against Bank of Baroda, upholding NCLT’s direction for the bank to allow inspection of lending documents.

RTI Appeal Denied: No Comprehensive Cross-Border Insolvency Data Available

October 27, 2025 519 Views 0 comment Print

IBBI’s First Appellate Authority dismissed an RTI appeal for data on cross-border insolvency cases, noting no formal statutory framework is currently notified under the IBC.

From Creditor Formalism To Consumer Fairness: Reimagining Real Estate Insolvency

October 25, 2025 732 Views 0 comment Print

A Supreme Court ruling classifying homebuyers with buyback/assured returns as ‘speculative investors’ bars them from IBC relief, exposing real estate contract unfairness.

End of a Flawed Experiment: IBBI Deletes ‘Sale as a Going Concern’ from Liquidation Framework

October 24, 2025 2103 Views 0 comment Print

IBBI removes ‘sale as a going concern’ from the IBC liquidation framework. The change aims to end prolonged insolvency, boost creditor recovery, and enforce clear, efficient closure.

IBBI Not Required to Interpret or Clarify Records – RTI Appeal Dismissed

October 23, 2025 423 Views 0 comment Print

Tribunal emphasized that the CPIO cannot be directed to create, interpret, or deduce information. Appeals seeking clarifications or explanations regarding CIRP proceedings were dismissed in line with Section 2(f) of the RTI Act.

IBBI not empowered to issue general circular recommending ban of Resolution Professional

October 23, 2025 417 Views 0 comment Print

NCLAT Delhi ruled that IBBI has no authority to issue a general circular under Section 34(4)(b) recommending appointment of insolvency professionals other than IRP/RP as liquidator, reaffirming limits on IBBI’s regulatory powers.

CIRP Initiated Against Corporate Debtor Despite COVID-19 Financial Hardship

October 22, 2025 636 Views 0 comment Print

NCLT Mumbai admits Section 7 petition by Prudent ARC Limited against RBEP Entertainment, emphasizing that default, not inability to pay, governs initiation of insolvency proceedings under the IBC.

NCLT Mumbai Admits CIRP Against Company Despite Covid Moratorium Claims: Default Held Pre-2020

October 22, 2025 432 Views 0 comment Print

Tribunal rules that default occurred before the Section 10A suspension period; admits insolvency petition filed by Omkara ARC against debtor despite Covid-related objections.

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