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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 264 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 5481 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 117 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 126 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 711 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


IBBI (Liquidation Process) (Amendment) Regulations, 2025.

January 28, 2025 1035 Views 0 comment Print

IBBI revises liquidation regulations, introducing compliance updates, filing requirements, and due diligence for bidders under the Insolvency and Bankruptcy Code.

IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2025

January 28, 2025 1476 Views 0 comment Print

IBBI amends Voluntary Liquidation Process Regulations, 2025, introducing new filing timelines, form submissions, and compliance requirements for liquidators.

IBBI (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2025

January 28, 2025 600 Views 0 comment Print

IBBI revises grievance handling rules, changing complaint timelines to start after all legal proceedings are closed. Effective upon Gazette publication.

IBBI (Inspection and Investigation) (Amendment) Regulations, 2025

January 28, 2025 450 Views 0 comment Print

IBBI amends Inspection and Investigation Regulations 2017, clarifying the term “associated” in the context of investigation and inspection activities.

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2025

January 28, 2025 279 Views 0 comment Print

IBBI notifies amendments to Model Bye-Laws and Governing Board of Insolvency Professional Agencies Regulations, extending specific timelines for compliance.

RTI Act does not cover hypothetical questions or clarifications

January 17, 2025 4392 Views 0 comment Print

Decision on RTI appeal by Kamal Deep Tyagi against IBBI, addressing information queries under the RTI Act and their availability in the public domain.

IBBI suspends IP for misrepresentation of facts before Adjudicating Authority

January 17, 2025 822 Views 0 comment Print

IBBI disposes of show cause notice against Ramkripal Sharma, citing contraventions in insolvency process and misconduct as IRP for TRN Energy Pvt Ltd.

Order not falling under part II of IBC is not appealable u/s. 61: NCLAT Chennai

January 16, 2025 588 Views 0 comment Print

NCLAT Chennai held that order not falling under Part II of the Insolvency and Bankruptcy Code, 2016 [IBC] is not appealable under section 61 of the IBC and accordingly appeal dismissed as not maintainable.

IBBI Mandates eBKray Platform for Liquidation Auctions

January 10, 2025 573 Views 0 comment Print

IBBI mandates the exclusive use of the eBKray platform for asset auctions in liquidation processes starting April 2025, with listing of unsold assets due by March 31.

RTI Act Limits Information to What is Held or Controlled by Public Authorities

January 10, 2025 636 Views 0 comment Print

IBBI’s First Appellate Authority addresses RTI appeal concerning grievance information under Regulation 7(3). Appellant’s request partially fulfilled as per RTI Act.

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