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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 264 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 333 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 186 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 249 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 300 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 246 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 309 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 414 Views 0 comment Print


Non-compliance in valuation report: IBBI Dismisses Valuer’s Appeal

June 2, 2025 732 Views 0 comment Print

IBBI rejects appeal by valuer Vipan Kumar against 3-month suspension over non-compliance in valuation report for Base Corporation’s insolvency case.

IBBI Cancels Valuer Registration for suppressing pending criminal charges

June 2, 2025 711 Views 0 comment Print

IBBI cancelled Mr. Shreegopal Govindram Mundhra’s valuer registration for suppressing pending criminal charges during his application. This action highlights integrity requirements.

IBC Shows Impact on Borrower Behaviour: IIM Study

May 29, 2025 861 Views 0 comment Print

A study by IIM Bangalore highlights how IBC has improved credit discipline, reduced borrowing costs, and strengthened governance in Indian firms.

Resolution Applicant’s Rights to Run Businesses Post-Implementation: The Uncharted Territory in Indian Insolvency Law

May 28, 2025 1377 Views 0 comment Print

This article aims to examines the legal basis for the resolution applicant’s right to run the business post-implementation, the absence of judicial precedent on when a plan is deemed fully implemented, and whether plan terms (such as mandatory continued listing) can bind the acquirer indefinitely.

IBBI Simplifies CIRP Forms for IPs

May 26, 2025 1290 Views 0 comment Print

The IBBI has consolidated nine Corporate Insolvency Resolution Process (CIRP) forms into five, introducing a monthly reporting cycle to reduce compliance burden for Insolvency Professionals.

IBBI Issues Fourth Amendment to CIRP Rules, 2025

May 26, 2025 1329 Views 0 comment Print

IBBI amends CIRP regulations to include provisions on interim finance observers, staged payments, and expressions of interest for asset or full entity sales.

Service of demand notice u/s. 8 of IBC to registered email address of Corporate Debtor sufficient

May 24, 2025 1203 Views 0 comment Print

NCLAT Delhi held that the communication of Section 8 Demand Notice via registered email address of Corporate Debtor is valid service of demand notice. Accordingly, admission of application under section 9 of the Insolvency and Bankruptcy Code justifiable.

IBBI’s 3rd Amendment to CIRP Regulations 2025 Simplifies Compliance

May 23, 2025 1248 Views 0 comment Print

The IBBI’s 3rd Amendment Regulations, 2025 streamline corporate insolvency resolution by introducing new forms (CP-1 to CP-5) to improve transparency, timeliness, and accountability in reporting.

Pendency of proceedings before DRT doesn’t bar initiation of CIRP under IBC

May 22, 2025 1260 Views 0 comment Print

NCLT Delhi held that the pendency of proceedings before Debt Recovery Tribunal [DRT] does not preclude or bar the initiation of Corporate Insolvency Resolution Process [CIRP] under the Insolvency and Bankruptcy Code, 2016 [IBC].

Application u/s. 9 of IBC not maintainable due to long-standing disputes: NCLT Delhi

May 22, 2025 789 Views 0 comment Print

NCLT Delhi held that application under section 9 of the Insolvency and Bankruptcy Code, 2016 [IBC] for initiation of CIRP not maintainable since there exists genuine and long-standing disputes. Accordingly, petition dismissed.

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