Corporate Law : The framework permits liquidation only where the company has not defaulted on debts and can pay liabilities. It ensures a clean an...
CA, CS, CMA : The High Court ruled that retrospective cancellation of GST registration is invalid if such action is not proposed in the original...
Corporate Law : Explains how the 2025 amendment removes going-concern sales from liquidation. Highlights the shift toward speed and finality over ...
Corporate Law : IBBI Regulations 32 & 32A for liquidation: defines asset sale modes and prioritizes selling the business as a going concern to max...
Corporate Law : Understand secured creditor rights under IBC Section 52 during liquidation: relinquish security to the estate or realize independe...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...
Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...
Corporate Law : The issue addressed is ambiguity in authentication and evidentiary value of financial information in insolvency cases. The propose...
Corporate Law : The proposal aligns grievance regulations with the newly introduced definition under the amended Code. It aims to ensure uniform a...
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...
Company Law : The appellate tribunal quashed orders permitting bankruptcy against personal guarantors after a creditor consented to grant additi...
Company Law : NCLT Allahabad held that financial creditor duly established existence of financial debt and default thereon on the part of the Co...
Company Law : The tribunal held that the resolution plan was invalid because several valuable properties were omitted from the Information Memor...
Company Law : NCLAT Delhi held that Prospective Resolution Applicant or unsuccessful Resolution Applicant doesn’t have vested right to challen...
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...
Corporate Law : The appeal found that the RTI response was delayed beyond statutory timelines. The key takeaway is that delay breaches RTI provisi...
Corporate Law : The issue was whether an RVO could grant conditional enrolment to an unqualified applicant. The authority held that such enrolment...
Corporate Law : The amendment allows financial creditors to directly initiate insolvency with prior approvals, reducing delays. It ensures faster ...
Corporate Law : The study found that most MSME insolvency cases are resolved before admission, highlighting gaps in data and process efficiency. I...
IBBI introduces amendments to CIRP Regulations, enhancing disclosure of avoidance transactions in Information Memorandums and resolution plans for better transparency.
The IBBI First Appellate Authority dismissed an RTI appeal regarding alleged IBC violations by Akums Drugs Pharma Ltd., stating that the RTI Act is not a grievance redressal forum.
IBBI Disciplinary Committee sanctions Insolvency Professional Surya Kanta Satapathy for failing to disclose conflict of interest in a CIRP resolution plan.
The IBBI’s 2025 amendment mandates disclosure of avoidance transactions in information memorandums and restricts their assignment in resolution plans.
IBBI fines Resolution Professional Pankaj Majithia for failing to secure assets, seek NCLT approval, and ensure a transparent auction. A review of the order.
IBBI denies RTI appeal seeking Resolution Professional’s disciplinary reply, citing fiduciary relationship under Section 8(1)(e) of the RTI Act.
IBBI dismisses appeals seeking opinions on IBC provisions for CIRP projects and home buyer rights, stating RTI does not cover legal advice.
IBBI dismissed an RTI appeal on June 16, 2025, citing that requested internal records were either already shared or not held as per RTI Act provisions.
IBBI’s First Appellate Authority upholds CPIO’s denial of RTI request on DHFL fixed deposits, stating queries sought opinions/grievance redressal, not ‘information’.
IBBI has suspended Insolvency Professional Arvind Kumar for two years due to non-cooperation with investigations and alleged contraventions in CIRP
