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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


Calcutta HC Bars Shifting of Registered Office If IBC Appeal Pending

June 8, 2026 261 Views 0 comment Print

The High Court held that a company cannot shift its registered office after approval of a resolution plan when appeals against the plan are still pending before the NCLAT. The statutory embargo under Rule 30(9) must be strictly followed.

Registered Office Shift Blocked as Appeals Against IBC Resolution Plan Were Pending

June 8, 2026 246 Views 0 comment Print

Jeel Kandla Service & Anr. Vs Union of India and Ors. (Calcutta High Court) The appeal arose from a judgment of a Single Judge dismissing a writ petition challenging an order of the Regional Director, Eastern Region, Ministry of Corporate Affairs, which had permitted shifting the registered office of a company from West Bengal to […]

Delhi HC Declines Writ as CIRP Proceedings Were Centered Outside Delhi

June 8, 2026 264 Views 0 comment Print

The Court noted that the complaint against the Resolution Professional and the related proceedings stemmed from CIRP proceedings before the NCLT, Bengaluru. It therefore declined to adjudicate the matter on merits.

SC Sets Aside Delay Condonation as Appeal Lacked Certified Copy of Impugned Order

June 8, 2026 429 Views 0 comment Print

The Supreme Court held that an appeal filed without the mandatory certified copy of the NCLT order was not properly instituted. It set aside the NCLAT’s order condoning delays in filing and refiling the appeal.

NCLAT Dismisses GNIDA Appeal as Approved Resolution Plan Already Attained Finality

June 8, 2026 186 Views 0 comment Print

NCLAT held that challenges to the approved resolution plan could not be reopened after earlier proceedings had attained finality. The appeal was dismissed as an attempt to re-agitate settled issues.

IBBI Penalises Insolvency Professional for Accepting Assignment Without Valid AFA

June 5, 2026 249 Views 0 comment Print

IBBI imposed a ₹1 lakh penalty after finding that an insolvency professional accepted and continued an assignment despite suspension of his Authorisation for Assignment. The ruling underscores that valid AFA is mandatory for undertaking insolvency assignments.

IBBI amends IBC Utilities, voluntary liquidation, personal guarantors & pre-pack processes

June 4, 2026 588 Views 0 comment Print

IBBI has notified amendments across several insolvency regulations to operationalize the Insolvency and Bankruptcy Code (Amendment) Act, 2026. The changes introduce new disclosure, authentication, grievance-handling, and procedural requirements.

IBBI amended liquidation regulations to place Committee of Creditors at center

June 4, 2026 585 Views 0 comment Print

The IBBI has amended liquidation regulations to place the Committee of Creditors at the center of the process. The changes aim to improve accountability, decision-making, and value realization during liquidation.

IBBI Notifies CIRP Amendment Regulations 2026 to Reduce Insolvency Disputes

June 4, 2026 675 Views 0 comment Print

IBBI has amended the CIRP Regulations to enhance disclosures, strengthen information access, and introduce time-bound claim communication. The changes aim to make insolvency resolution more transparent and dispute-resilient.

PMLA Asset Retention vs IBC Clean Slate: Key Lessons for Insolvency

June 4, 2026 318 Views 0 comment Print

The article examines how the PMLA’s broad asset retention powers interact with the IBC’s clean-slate protection under Section 32A. The key takeaway is that ED actions may continue during CIRP, but approved resolution plans can ultimately free corporate assets from prior taint.

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