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 issues guidelines for appointing Insolvency Professionals as IRPs, RPs, Liquidators, and Bankruptcy Trustees, effective January 1 to June 30, 2025.
IBBI extends the deadline for filing liquidation and voluntary liquidation forms under the IBC, 2016, to December 31, 2024, citing technical issues.
IBBI mandates eBKray platform for asset auctions in liquidation, enhancing transparency, efficiency, and bidder participation. Effective from November 1, 2024.
IBBI cancels Amit Gupta’s registration for regulatory violations during liquidation processes, including excess fees and improper practices.
IBBI issues a disciplinary order against Praveen Kumar Agrawal, an Insolvency Professional, for failing to act in homebuyers’ interest during CIRP.
IBBI seeks feedback on revising grievance redressal, disciplinary framework, and AFA timelines to enhance clarity and operational efficiency under IBC, 2016.
IBBI proposes mandatory monitoring committees in CIRP for smoother implementation of resolution plans as per SC’s recommendations. Submit comments by 9th Dec 2024.
IBBI discusses amendments to improve liquidation process transparency and fund management under the Insolvency and Bankruptcy Code.
An RTI appeal challenging IBBI’s refusal to disclose information under Sections 8(1)(d) and (e) of the RTI Act was dismissed.
Insights into recent Supreme Court and High Court judgments on IBC cases, covering corporate guarantees, auction timelines, liquidation, CIRP procedures, and CoC jurisdiction.
