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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 258 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 5478 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 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 114 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 114 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 141 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 396 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 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 66 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 696 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 273 Views 0 comment Print


IRP, RP or liquidator not allowed to cross Laxman Rekha in due diligence: IBBI

October 9, 2023 627 Views 0 comment Print

An in-depth analysis of a disciplinary case involving Mr. Kamal Agarwal, an Insolvency Professional, and his rejection of claims, despite court rulings

IBBI directs IP to be more diligent & careful in handling assignments under IBC

October 6, 2023 567 Views 0 comment Print

IBBI directs Insolvency Professional Vishva Deep Sharma to be more diligent in handling IBC assignments. Analysis and findings provided.

IBBI Penalizes IP for Negligence in admission of claim of Financial Creditors

September 29, 2023 765 Views 0 comment Print

Read about IBBI’s penalty on Mr. Dhaval Jitendra Kumar Mistry, an Insolvency Professional, for not diligently verifying and admitting Financial Creditor claims.

IBBI Cancels Registration of IP for Non-disclosure of Legal Proceedings

September 29, 2023 483 Views 0 comment Print

IBBI has canceled registration of an Insolvency Professional (IP) for failing to disclose involvement in legal proceedings initiated by Enforcement Directorate (ED).

IBC Discussion Paper: RP Appointment, Report Sharing, Creditor Meetings

September 29, 2023 858 Views 0 comment Print

Read Insolvency and Bankruptcy Board of India’s discussion paper on RP appointment, report sharing with guarantors, and creditor meeting mandates.

IBBI Clarification on Liquidators’ Fee Calculation

September 28, 2023 4194 Views 0 comment Print

Explore IBBI recent circular clarifying calculation of liquidators’ fees under Regulation 4(2)(b) of IBBI (Liquidation Process) Regulations, 2016.

IBBI (Insolvency Resolution Process) Amendment Regulations 2023: Analysis

September 22, 2023 1395 Views 0 comment Print

Explore the key amendments in the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2023, impacting CD personnel, creditors, and ARs.

IBBI Insolvency Resolution Process 2023 Amendments w.e.f. 18.09.2023

September 20, 2023 2415 Views 0 comment Print

Discover significant amendments in IBBI (Insolvency Resolution Process for Corporate Persons) Regulations of 2023. Explore new regulations, timelines, and increased auditor roles.

Amendments to IBBI Regulations for Insolvency Professionals

September 20, 2023 612 Views 0 comment Print

Insolvency and Bankruptcy Board of India (IBBI) introduces amendments simplifying enrolment, registration, and compliance processes for insolvency professionals.

IBBI: Amendments to Insolvency Resolution Process Regulations 2023

September 18, 2023 3576 Views 0 comment Print

Explore latest amendments to Insolvency and Bankruptcy Board of India (IBBI) regulations for Insolvency Resolution Process for Corporate Persons in 2023.

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