Corporate Law : Explains how the 2025 amendment removes going-concern sales from liquidation. Highlights the shift toward speed and finality over ...
Corporate Law : Explains why many insolvency resolutions fail due to lack of execution capital and how a Revival Fund can prevent value-destructiv...
Corporate Law : Courts are increasingly questioning whether all homebuyer claims qualify as financial debt. The key takeaway is a shift toward tra...
Corporate Law : Explains how the fast-track insolvency process accelerates resolution for eligible companies and the key legal principles governin...
Corporate Law : Learn how PPIRP under IBC Chapter III-A offers a fast, consensual insolvency solution for MSMEs, emphasizing management continuity...
Corporate Law : The appellate authority held that compliance certificates on eligibility and financial capacity contain sensitive commercial infor...
Corporate Law : The 2025 IBC amendments aim to reduce delays in insolvency processes, improving corporate debt recovery timelines and strengthenin...
Corporate Law : From 2022-23 to 2024-25, appeals filed at NCLAT rose steadily, with IBC cases forming the majority, reflecting active engagement i...
Corporate Law : The draft guidelines introduce uniform reporting formats, detailed documentation rules, and structured valuation processes to enha...
Corporate Law : The 2025 Guidelines streamline the selection of Insolvency Professionals for IRP, RP, Liquidator, and Bankruptcy Trustee roles, en...
Company Law : Section 7 application was initiated fraudulently and with malicious intent, in collusion between the Financial Creditor and the Co...
Goods and Services Tax : The High Court held that once a company undergoes CIRP and new management is installed, GST authorities must recognize this legal ...
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...
Corporate Law : The tribunal held that a Section 9 insolvency application filed years after an arbitral award attained finality was barred by limi...
Company Law : The appellate tribunal quashed orders permitting bankruptcy against personal guarantors after a creditor consented to grant additi...
Corporate Law : The authority noted refusal to respond to the show cause notice and unwillingness to continue practice. Cancellation followed due ...
Corporate Law : The dispute focused on the statutory requirement of active RVO membership for registered valuers. The Authority reaffirmed that no...
Corporate Law : IBBI held that continuous membership of a Registered Valuers Organisation is mandatory. Once expelled by the RVO, a valuer becomes...
Corporate Law : The regulator held that expulsion from a Registered Valuers Organisation results in loss of eligibility, justifying immediate canc...
Corporate Law : The regulator held that provisional enrolment has no legal basis under valuation rules and suspended the organisation for violatin...
Section 7 application was initiated fraudulently and with malicious intent, in collusion between the Financial Creditor and the Corporate Debtor, for purposes other than genuine insolvency resolution.
The High Court held that once a company undergoes CIRP and new management is installed, GST authorities must recognize this legal shift and cannot act as if the old management continues.
NCLAT Delhi held that each and every commercial transaction which has resulted in loss may not be labelled as fraudulent or to have been done to deceive creditors. Accordingly, since ingredients of section 66(2) of IBC is lacking, the transaction cannot be labelled as fraudulent.
The tribunal held that a Section 9 insolvency application filed years after an arbitral award attained finality was barred by limitation. Issuing a demand notice could not revive a time-barred claim.
The appellate tribunal quashed orders permitting bankruptcy against personal guarantors after a creditor consented to grant additional time to submit repayment plans under the insolvency framework.
The authority noted refusal to respond to the show cause notice and unwillingness to continue practice. Cancellation followed due to failure to meet eligibility conditions.
The dispute focused on the statutory requirement of active RVO membership for registered valuers. The Authority reaffirmed that non-compliance with RVO bye-laws and expulsion result in immediate loss of registration rights.
Explains how the 2025 amendment removes going-concern sales from liquidation. Highlights the shift toward speed and finality over revival.
The tribunal ruled that unpaid municipal property tax backed by a statutory first charge qualifies as secured debt in liquidation. The key takeaway is that statutory charges under municipal law can confer secured creditor status under the IBC.
IBBI held that continuous membership of a Registered Valuers Organisation is mandatory. Once expelled by the RVO, a valuer becomes ineligible to continue registration.