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 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...
Corporate Law : The amendments focus on better protection of creditor interests and structured insolvency processes. They introduce new mechanisms...
Corporate Law : The amendment replaces rigid statutory documentation requirements with a flexible framework. This change empowers regulators while...
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 rejects appeal by valuer Vipan Kumar against 3-month suspension over non-compliance in valuation report for Base Corporation’s insolvency case.
IBBI cancelled Mr. Shreegopal Govindram Mundhra’s valuer registration for suppressing pending criminal charges during his application. This action highlights integrity requirements.
The IBBI has amended CIRP Regulations 2025, facilitating part-wise resolution, harmonizing payment timelines, including interim finance providers, and mandating all plan presentations to CoC
A study by IIM Bangalore highlights how IBC has improved credit discipline, reduced borrowing costs, and strengthened governance in Indian firms.
The IBBI has consolidated nine Corporate Insolvency Resolution Process (CIRP) forms into five, introducing a monthly reporting cycle to reduce compliance burden for Insolvency Professionals.
IBBI amends CIRP regulations to include provisions on interim finance observers, staged payments, and expressions of interest for asset or full entity sales.
Madras High Court held that circular dated 21.12.2023 allowing creditor to recommend a Resolution Professional for appointment is neither ultra vires nor violative of provisions of the Insolvency and Bankruptcy Code [IBC]. Accordingly, writ petition dismissed.
Study on NeSL, IBBI data reveals reduced loan overdues, faster transitions, and behavioral changes in firms and banks post-IBC in India.
The Insolvency and Bankruptcy Board of India’s First Appellate Authority addressed an RTI appeal regarding delayed provision of travel allowance guidelines, urging adherence to timelines.
SC clarifies limits of High Court’s writ powers in IBC cases and recognises Indian CIRP as foreign main proceeding in cross-border insolvency case.
