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Voluntary Liquidation under Section 59 of Insolvency & Bankruptcy Code, 2016

Corporate Law : The framework permits liquidation only where the company has not defaulted on debts and can pay liabilities. It ensures a clean an...

April 16, 2026 273 Views 0 comment Print

Analysis of Notifications and Circulars for Week Ending 15th March 2026

CA, CS, CMA : The High Court ruled that retrospective cancellation of GST registration is invalid if such action is not proposed in the original...

March 17, 2026 5484 Views 1 comment Print

If Liquidation Is Final, CIRP Must Work: Lessons from 2025 IBBI Amendment

Corporate Law : Explains how the 2025 amendment removes going-concern sales from liquidation. Highlights the shift toward speed and finality over ...

January 30, 2026 552 Views 0 comment Print

Asset Sale & Going Concern Rules under IBC Regulations 32 & 32A

Corporate Law : IBBI Regulations 32 & 32A for liquidation: defines asset sale modes and prioritizes selling the business as a going concern to max...

October 14, 2025 1860 Views 2 comments Print

Section 52 IBC: Relinquish or realize security interest by secured creditor under liquidation

Corporate Law : Understand secured creditor rights under IBC Section 52 during liquidation: relinquish security to the estate or realize independe...

July 22, 2025 2058 Views 1 comment Print


Latest News


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 123 Views 0 comment Print

IBBI Proposes Creditor-Led Insolvency Framework to Enable Faster Resolution

Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...

April 17, 2026 120 Views 0 comment Print

IBBI Proposes Amendments Due to Introduction of ‘Service Provider’ Definition

Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...

April 15, 2026 150 Views 0 comment Print

IBBI proposes Amendments to Information Utilities Regulations, 2017

Corporate Law : The issue addressed is ambiguity in authentication and evidentiary value of financial information in insolvency cases. The propose...

April 15, 2026 117 Views 0 comment Print

IBBI Proposes Regulation Changes Due to New ‘Service Provider’ Definition in IBC Amendment

Corporate Law : The proposal aligns grievance regulations with the newly introduced definition under the amended Code. It aims to ensure uniform a...

April 15, 2026 90 Views 0 comment Print


Latest Judiciary


Each and every commercial transaction resulting into loss cannot be labelled as fraudulent

Company Law : NCLAT Delhi held that each and every commercial transaction which has resulted in loss may not be labelled as fraudulent or to hav...

February 5, 2026 372 Views 0 comment Print

NCLAT Quashed Insolvency Order as Creditor Agrees to Fresh Window for Repayment Plan Submission

Company Law : The appellate tribunal quashed orders permitting bankruptcy against personal guarantors after a creditor consented to grant additi...

February 4, 2026 1176 Views 0 comment Print

CIRP application u/s. 7 of IBC admitted as debt and default established

Company Law : NCLT Allahabad held that financial creditor duly established existence of financial debt and default thereon on the part of the Co...

January 6, 2026 399 Views 0 comment Print

CIRP Irregular for Ignoring Mortgaged and Owned Properties NCLAT Delhi

Company Law : The tribunal held that the resolution plan was invalid because several valuable properties were omitted from the Information Memor...

December 8, 2025 837 Views 1 comment Print

Prospective Resolution Applicant doesn’t have vested right to challenge approved resolution plan

Company Law : NCLAT Delhi held that Prospective Resolution Applicant or unsuccessful Resolution Applicant doesn’t have vested right to challen...

December 5, 2025 924 Views 0 comment Print


Latest Notifications


IBBI Denies RTI Request Due to Non-Availability of Requested Records

Corporate Law : The issue was whether IBBI must provide data held by a regulated entity. The Authority held that RTI applies only to information h...

April 10, 2026 102 Views 0 comment Print

RTI Delay Violates Law: Authority Directs Disclosure of File Notings

Corporate Law : The appeal found that the RTI response was delayed beyond statutory timelines. The key takeaway is that delay breaches RTI provisi...

April 10, 2026 69 Views 0 comment Print

RVO Suspension Upheld Due to Grant of Provisional Membership to Ineligible Candidate

Corporate Law : The issue was whether an RVO could grant conditional enrolment to an unqualified applicant. The authority held that such enrolment...

April 9, 2026 129 Views 0 comment Print

Insolvency and Bankruptcy Code (Amendment) Act, 2026

Corporate Law : The amendment allows financial creditors to directly initiate insolvency with prior approvals, reducing delays. It ensures faster ...

April 7, 2026 723 Views 0 comment Print

IBBI Study Highlights Need for Stronger MSME Insolvency Framework Due to Pre-Admission Settlements

Corporate Law : The study found that most MSME insolvency cases are resolved before admission, highlighting gaps in data and process efficiency. I...

April 7, 2026 279 Views 0 comment Print


Section 52 IBC: Relinquish or realize security interest by secured creditor under liquidation

July 22, 2025 2058 Views 1 comment Print

Understand secured creditor rights under IBC Section 52 during liquidation: relinquish security to the estate or realize independently. Learn procedures and obligations.

ICSI IIP Complaint Handling: Grievance File Access Granted in IBBI RTI Appeal

July 22, 2025 345 Views 0 comment Print

An IBBI appeal authority ordered the release of file notings on a complaint, revealing a grievance was closed with an advisory to an insolvency professional.

IBBI Dismisses RTI Appeal Over request for Non-Existent Records

July 22, 2025 186 Views 0 comment Print

An IBBI appeal authority dismissed an RTI request for internal documents related to a DC order, stating the CPIO’s provided information was sufficient.

IBBI FAA Dismisses RTI Appeal Over Repeated Info Request

July 22, 2025 168 Views 0 comment Print

An IBBI appeal authority dismissed an RTI request for internal documents, stating the information had been previously provided in response to an earlier appeal.

IBBI FAA Rejects Dual & Repetitive RTI Appeals on Internal Record Access

July 22, 2025 477 Views 0 comment Print

An IBBI appeal authority dismissed two RTI appeals seeking internal documents, finding the CPIO’s previous responses with file notings were sufficient.

Repeated RTI Queries Already Addressed; IBBI Dismisses RTI Appeal

July 17, 2025 219 Views 0 comment Print

IBBI’s First Appellate Authority dismisses Kairav Anil Trivedi’s RTI appeal for internal documents, citing previous information provision

RTI Appeal Dismissed: Access Limited to Public Records

July 17, 2025 345 Views 0 comment Print

IBBI dismisses RTI appeal, clarifies access under RTI Act is limited to information held or controlled by public authority, subject to statutory exemptions.

IBBI Suspends IP for acceptance of new assignment despite disciplinary proceedings

July 15, 2025 585 Views 0 comment Print

IBBI suspends Insolvency Professional Kairav Trivedi for two years over AFA violation, citing acceptance of new assignment despite disciplinary proceedings.

IBBI Withdraws Form IP-1 for IBC Assignments

July 14, 2025 750 Views 0 comment Print

IBBI withdraws Form IP-1 for all IBC processes from July 14, 2025, following introduction of revised reporting framework and electronic Assignment Module.

EPF Dues Query of RTI Applicant in Resolution Plan Directed to Resolution Professional

July 11, 2025 456 Views 0 comment Print

IBBI’s First Appellate Authority has directed an RTI applicant seeking EPF dues information in a resolution plan to contact the concerned Resolution Professional, stating the IBBI does not ‘hold’ such specific data.

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