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IBC 2016

Latest Articles


Latest Case Law Related to IBC – July to September 2024

Corporate Law : Insights into recent Supreme Court and High Court judgments on IBC cases, covering corporate guarantees, auction timelines, liquid...

November 12, 2024 1197 Views 1 comment Print

Insolvency Withdrawals: Balance of Creditor Rights & Adjudicating Authority

Corporate Law : Explore the legal complexities of CIRP withdrawals and the protection of creditor rights under the Insolvency and Bankruptcy Code ...

October 29, 2024 474 Views 0 comment Print

Juggling Speed and Competition: The Case Against Green Channel Approvals in Corporate Insolvency Resolution

Corporate Law : Explore the issues surrounding green channel approvals in India's Corporate Insolvency Resolution Process and alternative solution...

October 24, 2024 183 Views 0 comment Print

Builder Insolvency in India: Impact on Homebuyers and Reforms Needed

Corporate Law : Explore the impact of builder insolvency on homebuyers in India and the challenges within the insolvency resolution process. Learn...

October 7, 2024 1761 Views 0 comment Print

Judicial Impact on the Insolvency and Bankruptcy Code

Corporate Law : Explore the judicial interpretations shaping India's Insolvency and Bankruptcy Code, 2016, including landmark cases and their impl...

September 25, 2024 264 Views 0 comment Print


Latest News


IBC Strengthened with 6 Amendments and 100+ Regulatory Changes by IBBI

Corporate Law : Government has amended the IBC six times and IBBI made over 100 changes to improve insolvency resolution and asset value maximizat...

December 17, 2024 93 Views 0 comment Print

IBBI Releases 2024 Guidelines for Insolvency Professionals

Corporate Law : IBBI issues guidelines for appointing Insolvency Professionals as IRPs, RPs, Liquidators, and Bankruptcy Trustees, effective Janua...

December 3, 2024 393 Views 0 comment Print

Financial Haircuts Under IBC Process and Government Measures

Corporate Law : Details on financial haircuts under the IBC process, creditor claims, and steps to ensure proper implementation of IBC provisions....

November 28, 2024 534 Views 0 comment Print

Govt explains Loan Settlement of ₹49,000 Cr Debt for ₹455 Cr

Corporate Law : Clarification on the ₹49,000 crore debt settlement for ₹455 crore under CIRP. Details of NCLT approval, creditors' recovery, a...

November 28, 2024 852 Views 0 comment Print

IBBI Proposes Revisions to Grievance and AFA Timelines

Corporate Law : IBBI seeks feedback on revising grievance redressal, disciplinary framework, and AFA timelines to enhance clarity and operational ...

November 21, 2024 123 Views 0 comment Print


Latest Judiciary


Application u/s. 7 of IBC admissible when default date is prior to section 10A period

Corporate Law : This is an Appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 against the dismissal of the Company Petition by wh...

December 23, 2024 72 Views 0 comment Print

Invoices covered u/s. 10A to be excluded while analysing application u/s. 9 of IBC: NCLT Delhi

Company Law : NCLT Delhi held that admissible of application under section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) not justified sin...

December 19, 2024 60 Views 0 comment Print

Liquidator was appointed by NCLT for Jet Air-ways (India) Limited in violation of approved resolution plan

Corporate Law : Since the Resolution Plan was duly approved by the NCLAT and there being no progress worth the name, there was no other option but...

December 18, 2024 306 Views 0 comment Print

Petition u/s 9 of IBC couldn’t be rejected on grounds of raising fake claim of Pre-Existing dispute

Corporate Law : Aggrieved by the impugned order, the present appeal had been filed by the shareholder of the Corporate Debtor. The Corporate Debt...

December 18, 2024 147 Views 0 comment Print

Property not owned by Corporate Debtor cannot be sub-leased by liquidator without prior permission

Company Law : NCLAT Delhi held that liquidator cannot create sub-lease over properties not owned by the corporate debtor without prior permissio...

December 17, 2024 120 Views 0 comment Print


Latest Notifications


IP and IBBI Communications in Insolvency Process Exempt under RTI

Corporate Law : IBBI disposes of RTI appeal seeking details on the appointment of a Resolution Professional. Information exempted under fiduciary ...

December 21, 2024 171 Views 0 comment Print

IBBI takes Disciplinary Action Against Insolvency Professional for Violation

Corporate Law : IBBI issues a disciplinary order against insolvency professional Kairav Anil Trivedi for violating insolvency regulations during t...

December 17, 2024 126 Views 0 comment Print

IBBI Suspends Insolvency Professional for Misrepresentation and Issues

Corporate Law : IBBI suspends Sanjay Garg for three months, directs reinvestigation into issues related to duplicate payments and misrepresentatio...

December 17, 2024 201 Views 0 comment Print

IBBI suspends Liquidator for two years for contraventions of IBC regulations

Corporate Law : IBBI disciplinary order examines e-auction irregularities by liquidator Ramasamy Shanmuggam. Allegations include non-compliance an...

December 12, 2024 279 Views 0 comment Print

Details of youngest & oldest registered IP exempt from Disclosure under RTI

Corporate Law : IBBI rejects RTI appeal seeking youngest and oldest insolvency professionals' details, citing privacy concerns under Section 8(1)(...

December 3, 2024 3276 Views 0 comment Print


Latest Posts in IBC 2016

Application u/s. 7 of IBC admissible when default date is prior to section 10A period

December 23, 2024 72 Views 0 comment Print

This is an Appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 against the dismissal of the Company Petition by which the Adjudicating Authority has dismissed the Section 7 Petition.

IP and IBBI Communications in Insolvency Process Exempt under RTI

December 21, 2024 171 Views 0 comment Print

IBBI disposes of RTI appeal seeking details on the appointment of a Resolution Professional. Information exempted under fiduciary and commercial confidentiality clauses.

Invoices covered u/s. 10A to be excluded while analysing application u/s. 9 of IBC: NCLT Delhi

December 19, 2024 60 Views 0 comment Print

NCLT Delhi held that admissible of application under section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) not justified since invoices covered under section 10A has to be excluded and accordingly amount claimed will be less than threshold limit of Rs. 1 Crore.

Liquidator was appointed by NCLT for Jet Air-ways (India) Limited in violation of approved resolution plan

December 18, 2024 306 Views 0 comment Print

Since the Resolution Plan was duly approved by the NCLAT and there being no progress worth the name, there was no other option but to invoke our jurisdiction under Article 142 of the Constitution and direct that the Corporate Debtor be taken in Liquidation.

Petition u/s 9 of IBC couldn’t be rejected on grounds of raising fake claim of Pre-Existing dispute

December 18, 2024 147 Views 0 comment Print

Aggrieved by the impugned order, the present appeal had been filed by the shareholder of the Corporate Debtor. The Corporate Debtor entered into Service Agreement with Sigma Supply Chain Solutions Pvt. Ltd.

IBBI takes Disciplinary Action Against Insolvency Professional for Violation

December 17, 2024 126 Views 0 comment Print

IBBI issues a disciplinary order against insolvency professional Kairav Anil Trivedi for violating insolvency regulations during the CIRP of Parenteral Drugs Pvt Ltd.

IBBI Suspends Insolvency Professional for Misrepresentation and Issues

December 17, 2024 201 Views 0 comment Print

IBBI suspends Sanjay Garg for three months, directs reinvestigation into issues related to duplicate payments and misrepresentation in insolvency proceedings.

IBC Strengthened with 6 Amendments and 100+ Regulatory Changes by IBBI

December 17, 2024 93 Views 0 comment Print

Government has amended the IBC six times and IBBI made over 100 changes to improve insolvency resolution and asset value maximization.

Property not owned by Corporate Debtor cannot be sub-leased by liquidator without prior permission

December 17, 2024 120 Views 0 comment Print

NCLAT Delhi held that liquidator cannot create sub-lease over properties not owned by the corporate debtor without prior permission of concerned authority. Accordingly, action to sub-lease without specific permission is incorrect and illegal.

Power to determine Related Party Status of Creditor was with Resolution Professional

December 16, 2024 186 Views 0 comment Print

RP had excluded assessee from the COC as RP was empowered to decide about the status of a creditor as related party and the findings of RP and AA concluded assessee as related party in terms of provisions of Section 5 (24) of the Code.

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