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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 147 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 5457 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 549 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 1854 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 2037 Views 1 comment Print


Latest News


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 120 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 87 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 81 Views 0 comment Print

IBBI Proposes Major CIRP Changes to Strengthen Creditor Rights and Governance

Corporate Law : The amendments focus on better protection of creditor interests and structured insolvency processes. They introduce new mechanisms...

April 15, 2026 93 Views 0 comment Print

IBBI Proposes Flexible PPIRP Filing Norms by Shifting Requirements to Regulations

Corporate Law : The amendment replaces rigid statutory documentation requirements with a flexible framework. This change empowers regulators while...

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 366 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 393 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 831 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 918 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 99 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 63 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 120 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 657 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 255 Views 0 comment Print


Only costs directly related to CIRP & approved by CoC can be classified as CIRP costs: NCLAT

May 31, 2024 2139 Views 0 comment Print

NCLAT Delhi rules on Avil Menezes’ appeal regarding CIRP costs in Sunil Hitech vs Abdul Qudduskhan case. Detailed analysis of fabrication and erection work claims.

Unconditional Withdrawal of SLP – Appeal Not Maintainable: Delhi HC

May 31, 2024 783 Views 0 comment Print

Delhi High Court dismisses appeal against IBBI, citing res judicata principle. Full text of judgment and analysis provided.

IBBI Directs IP to Undergo Pre-Registration Courses for Material Information Suppression

May 31, 2024 459 Views 0 comment Print

IBBI imposes penalties on Ms. J Karthiga for material information suppression, directing her to undergo pre-registration courses.

Insolvency & Bankruptcy Board of India: Governing Board, Impact functions & powers

May 27, 2024 1383 Views 0 comment Print

Learn about the Insolvency and Bankruptcy Board of India (IBBI), its functions, impact, and powers. Understand its role in regulating insolvency proceedings and promoting a transparent framework.

Merely being students of university do not trigger larger public interest under RTI

May 22, 2024 426 Views 3 comments Print

Appellant has failed to establish how a larger public interest is involved warranting disclosure of requested information. Merely being students of the university do not trigger a larger public interest, warranting disclosure of information which is exempted under section 8(1)(d).

Request for Computer Access Not Within RTI Act Scope

May 22, 2024 894 Views 0 comment Print

Explore the RTI appeal decision involving Yogesh Kumar Gupta and the Insolvency and Bankruptcy Board of India, detailing the challenges and conclusions under the RTI Act.

RTI Appeal: Disclosure of IBBI (Land & Building) Valuers Exam Papers Denied

May 22, 2024 435 Views 0 comment Print

In a recent RTI appeal, the Insolvency and Bankruptcy Board of India upheld the decision to deny the disclosure of valuation exam papers, citing public interest concerns.

IBBI Suspends IP Registration for Failing to Conduct Asset Due Diligence

May 17, 2024 492 Views 0 comment Print

Read the detailed order by IBBI Disciplinary Committee regarding alleged contraventions by Manish Kumar Gupta in a corporate insolvency resolution process.

NCLAT Grants Relief to SBI: Time for Rejoinder Extended

May 16, 2024 435 Views 0 comment Print

In the State Bank of India vs. Supreme Panvel Indapur Tollways Pvt. Ltd. case, NCLAT Delhi grants time for rejoinder with a cost of Rs. 25,000, dismissing other directives.

IBBI Suspends Resolution Professional for 1 Year for Suppressing Information

May 16, 2024 1233 Views 0 comment Print

Explore the detailed analysis of disciplinary proceedings initiated by the Insolvency and Bankruptcy Board of India against Anil Goel, examining alleged contraventions, submissions, and final findings.

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