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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 Suspends Insolvency Professional for 2 Years Due to False Claim That CoC Was Never Constituted

June 3, 2026 303 Views 0 comment Print

The IBBI imposed a two-year suspension after finding that the Insolvency Professional misrepresented before the adjudicating authority that no Committee of Creditors existed. The ruling highlights that concealment of material facts and bypassing Section 12A requirements attract serious disciplinary consequences.

IBBI Notifies Standard Complaint Format to Ensure Uniform Filing Process

June 3, 2026 204 Views 0 comment Print

IBBI has prescribed a mandatory format for filing complaints under its Grievance and Complaint Handling Procedure Regulations. The circular aims to streamline complaint submissions by requiring detailed disclosures, supporting evidence, and prescribed fee payment.

IBBI Notifies Standard Claim Form as Compensation Claims Must Follow Uniform Procedure

June 3, 2026 153 Views 0 comment Print

IBBI has prescribed a standardized format for filing claims arising from orders passed under Section 220(4) of the Insolvency and Bankruptcy Code. The circular aims to ensure consistency, transparency, and efficient processing of compensation claims.

IBBI Notifies Forms for Information Utility Registration, Information Submission & Default Records

June 3, 2026 210 Views 0 comment Print

IBBI has prescribed standardized forms for registration, information submission, records of default, and dispute reporting by Information Utilities. The circular seeks to ensure consistency, transparency, and reliability in insolvency-related information management.

Formats under IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019

June 2, 2026 339 Views 0 comment Print

IBBI has prescribed standardized formats for written consent by Bankruptcy Trustees and proxy appointments by creditors under the Personal Guarantor Bankruptcy Regulations. The circular promotes transparency, consistency, and compliance in bankruptcy proceedings.

Formats under IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019

June 2, 2026 258 Views 0 comment Print

IBBI has introduced standardized Forms A, B, and C for insolvency proceedings involving personal guarantors to corporate debtors. The move aims to ensure procedural uniformity, transparency, and efficient administration of claims and creditor meetings.

Formats under IBBI (Voluntary Liquidation Process) Regulations, 2017

June 2, 2026 321 Views 0 comment Print

IBBI has prescribed standardized formats for claims, compliance certificates, public announcements, and other filings under the Voluntary Liquidation Regulations. The circular seeks to improve transparency, consistency, and regulatory compliance in voluntary liquidation proceedings.

Formats under IBBI (Liquidation Process) Regulations, 2016

June 2, 2026 318 Views 0 comment Print

IBBI has prescribed standardized formats for key documents used during liquidation proceedings under the amended Liquidation Regulations, 2016. The circular aims to enhance transparency, consistency, and regulatory compliance across the liquidation process.

Formats under IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021

June 2, 2026 321 Views 0 comment Print

The IBBI has notified standardized formats for 14 forms under the PPIRP Regulations, 2021. The circular aims to bring consistency, transparency, and procedural uniformity to pre-packaged insolvency resolution processes.

Formats under IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

June 2, 2026 258 Views 0 comment Print

IBBI has notified standardized formats for key CIRP activities, including claims, public announcements, withdrawals, and resolution plans. The circular aims to promote consistency and procedural compliance across insolvency proceedings.

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