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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 312 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 231 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 291 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 240 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 408 Views 0 comment Print


IBBI suspended RP for filing liquidation without compliance under CIRP Regulations

August 20, 2025 1038 Views 0 comment Print

IBBI suspended RP Chandra Prakash Jain for six months for filing liquidation without compliance under CIRP Regulations 39B and 39C.

NCLAT Allows CIRP Withdrawal for SE Transstadia Amidst Revival Efforts

August 20, 2025 975 Views 0 comment Print

 NCLAT allows CIRP withdrawal for SE Transstadia Pvt. Ltd. after Bank of Baroda and other lenders agree to a Gujarat government-backed revival and restructuring plan.

Too Soon for CIIRP? Why India’s Insolvency Regime Isn’t Ready for Creditor-Initiated Resolution

August 18, 2025 1524 Views 0 comment Print

The new CIIRP aims to reform India’s insolvency laws. Learn about the proposed process, its goals, and the challenges it faces within India’s current legal framework.

Moratorium Under IBC Applies to All Proceedings: NCLT Mumbai

August 18, 2025 1074 Views 0 comment Print

NCLT rules that the IBC’s moratorium applies to all proceedings against a corporate debtor, including quasi-judicial and assessment proceedings, upholding its purpose as a protective shield.

IBC Section 17: Can a Managing Director Refuse Duties During CIRP?

August 18, 2025 1362 Views 0 comment Print

This case study examines if a Managing Director can refuse to perform duties during Corporate Insolvency Resolution Process (CIRP) and the suspension of the Board.

IBC, 2016: Validity of RP’s Actions in CoC Meeting

August 18, 2025 705 Views 0 comment Print

This case study examines the validity of a Resolution Professional’s actions under the IBC, 2016. It analyzes if an RP can convene a meeting based on a request from a CoC member with less than 33% voting rights and if a notice of less than 24 hours is legally permissible.

NCLAT Dismisses Appeal Against CIRP Admission, Allows Settlement via Section 12A

August 18, 2025 672 Views 0 comment Print

NCLAT dismissed an appeal against a CIRP order but granted appellant liberty to seek a withdrawal of proceedings under Section 12A if a settlement is reached.

NCLAT Vacates Status Quo, Upholds Corporate Debtor’s Right to Replace Voluntary Liquidator

August 18, 2025 528 Views 0 comment Print

NCLAT set aside an NCLT order that maintained a liquidator’s status quo in a voluntary liquidation. NCLAT held that Corporate Debtor, not NCLT, has statutory authority to replace a liquidator under Insolvency and Bankruptcy Code.

IBBI Dismisses RTI Appeals Citing Abuse of Process in SCN-Related Queries

August 18, 2025 372 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) has rejected three RTI appeals, ruling that the applicant’s requests for internal records were a misuse of the Act to harass the authority.

RTI Cannot Be Used for Explanations – IBBI Rejects Appeal on SCN Records

August 18, 2025 555 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) dismisses an RTI appeal, stating the request for internal records is an abuse of the RTI Act.

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