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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 327 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 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 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


Reopening of approved resolution plan for belated claim not justifiable

March 31, 2025 588 Views 0 comment Print

NCLAT Delhi held that post approval of resolution plan both by CoC and the adjudicating authority, it cannot be reopened on the basis of claims being belatedly agitated by the appellant. Thus, admission of claim rightly rejected by adjudicating authority.

Resolution plan of Corporate Debtor Dev Versha Publication Private Limited stands approved

March 29, 2025 603 Views 0 comment Print

NCLT Delhi held that resolution plan of corporate debtor Dev Versha Publication Private Limited submitted by resolution professional is approved since the same was approved by 100% voting share of CoC.

IBBI Orders Re-investigation in Uttam Galva, Value Steels CIRP

March 28, 2025 1785 Views 0 comment Print

IBBI’s Disciplinary Committee directs a fresh probe into alleged violations by IP Rajiv Chakraborty during the CIRP of Uttam Galva Metallics and Uttam Value Steels, citing lack of crucial documents.

Statutory Dues Not Included in Resolution Plan Stand Extinguished Post Approval: SC

March 27, 2025 1563 Views 0 comment Print

Supreme Court sets aside NCLT & NCLAT orders in Vaibhav Goel & Anr. Vs DCIT, ruling that income tax demands post-resolution plan approval are invalid.

IBBI suspends Valuer for non-compliance with valuation rules in CIRP case

March 26, 2025 543 Views 0 comment Print

IBBI suspends registered valuer Veer Singh for 3 months over non-compliance with valuation rules in CIRP case, citing lack of transparency in valuation reports.

IBBI Suspends Valuer over violations in valuation reports

March 26, 2025 861 Views 0 comment Print

IBBI suspends valuer Vipan Kumar for three months over violations in valuation reports. Issues include lack of proper documentation and market rate justification.

IBBI Warns IP for Disclosure Delay & Auction Lapse

March 26, 2025 1353 Views 0 comment Print

IBBI issues disciplinary order against insolvency professional Umesh Poddar for delayed disclosures and auction process irregularities in a liquidation case.

Mandatory Use of Baanknet (formerly eBKray) Auction Platform for Liquidation

March 25, 2025 801 Views 0 comment Print

IBBI mandates Baanknet for asset auctions during liquidation from April 2025. Prospective bidders must submit documents and EMD via the platform.

IBBI suspends Insolvency Professional for non-cooperation & regulatory breaches

March 21, 2025 813 Views 0 comment Print

IBBI disciplinary order highlights contraventions by Mr. Kairav Trivedi in CIRP cases, including non-cooperation, resolution plan issues, and compliance gaps.

Initiation Of Corporate Insolvency Resolution Process Under IBC, 2016

March 21, 2025 2529 Views 0 comment Print

The initiation of Corporate Insolvency Resolution Process (CIRP) under Sections 7-10 of the IBC involves different creditors and procedures for corporate debtors facing defaults.

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