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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 342 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 5508 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 1866 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 2076 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 141 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 141 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 162 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 144 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 114 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 384 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 411 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 930 Views 0 comment Print


Latest Notifications


Ambiguity in NCLAT Orders Not a Complete Defence for IRP Against Regulatory Penalty: IBBI

Corporate Law : The authority held that confusion arising from interim orders did not absolve the professional from taking proactive steps. The ca...

April 21, 2026 30 Views 0 comment Print

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 105 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 72 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 129 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 768 Views 0 comment Print


IBBI Rejects RTI Appeal as request not defined exact documents or information needed

June 21, 2024 285 Views 0 comment Print

RTI Appeal by Shivam Gupta against IBBI denied due to unclear request. Learn about the detailed decision by the First Appellate Authority, IBBI.

IBBI caution IP to exercise greater caution & diligence in performing his duties

June 20, 2024 858 Views 0 comment Print

IBBI’s disciplinary order for Mr. Uday Narayan Mitra reveals insights on fees and compliance issues under the Insolvency and Bankruptcy Code, 2016

IBBI Discussion Paper: Proposed Amendments to CIRP Regulations

June 19, 2024 792 Views 0 comment Print

IBBI invites comments on proposed amendments to CIRP regulations, focusing on valuation processes, MSME treatment, voting protocols, and guarantee releases.

IBBI suspends IP for one year for misconduct and lack of compliance with Code

June 18, 2024 1686 Views 0 comment Print

Detailed analysis of the Insolvency and Bankruptcy Board of India Disciplinary Committee’s order on Mr. C Ramasubramainam, an Insolvency Professional, for alleged contraventions.

IBBI’s denial to provide information about rationale of its decision not to recognise Sardar Patel University Exam as equivalent to IBBI Valaution Exam: RTI Appeal Outcome

June 18, 2024 1080 Views 5 comments Print

Detailed analysis of the RTI appeal by Nelson James Macwan against the Insolvency and Bankruptcy Board of India. Includes decision and implications.

Bombay HC Strikes Down & Upholds Portions of IBBI Circular on Liquidation Assignments

June 14, 2024 924 Views 0 comment Print

The Bombay High Court rules on the Insolvency and Bankruptcy Board of India’s circular regarding liquidation fees, clarifying IP’s role in insolvency costs.

Delhi HC Mandates Ethical Conduct for Liquidators under IBC

June 13, 2024 711 Views 0 comment Print

Delhi HC rules on Sundaresh Bhat vs IBBI, emphasizing ethical conduct and fairness for liquidators under IBC. Key insights into the court’s decision.

Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

June 12, 2024 609 Views 0 comment Print

Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and streamline the insolvency process.

IBBI order on Unreasonable Expenditure on Charter Planes & Non-Preservation of Records by IP

June 7, 2024 771 Views 0 comment Print

Explore the detailed analysis of Mahender Kumar Khandelwal’s case by the Insolvency and Bankruptcy Board of India Disciplinary Committee, covering alleged contraventions, submissions, and findings.

IBBI Suspends IP for Non-Compliance with NCLAT Directive and Delayed CoC Meetings during CIRP

June 6, 2024 714 Views 0 comment Print

IBBI suspends IP for Failure to act during CIRP despite NCLAT directive and for Delay in convening Committee of Creditors (CoC) meetings.

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