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...
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.
IBBI issues order against Insolvency Professional Jitender Arora for failing to include replacement agenda in CIRP meetings.
Review of recent notifications and circulars for Income Tax, GST, SEBI, and IBBI from November 4-10, 2024, covering updated policies, SC rulings, and advisories.
IBBI proposes changes to improve real estate insolvency under IBC, addressing issues like CoC representation, land allotment, and homebuyer claims interest.
Overview of recent notifications and circulars from Income Tax, GST, Customs, and IBBI for the week of October 14-20, 2024, impacting compliance and regulations.
IBBI dismissed an RTI appeal seeking insolvency details of personal guarantors, citing privacy and resource constraints under RTI Act’s exemptions.
IBBI mandates centralized listing of liquidation assets on eBKray platform for transparency and improved recovery. Effective November 1, 2024.
IBBI rejects RTI appeal seeking youngest and oldest insolvency professionals’ details, citing privacy concerns under Section 8(1)(j) of the RTI Act.
IBBI issues order against Mr. Rattan Chaudhry for failing to control assets during CIRP of Classic Bottle Caps.
