Corporate Law : NCLAT held that the CoC may decide to liquidate a corporate debtor under Section 33(2) before inviting resolution plans, with limi...
Corporate Law : This article explains why the Insolvency and Bankruptcy Code places commercial decision-making in the hands of the Committee of Cr...
Corporate Law : The article explains how the NCLAT interpreted Section 66(1) to extend liability beyond company insiders to third parties who know...
Corporate Law : The Supreme Court held that individuals investing for financial returns rather than home ownership cannot invoke Section 7 of the ...
Corporate Law : The High Court held that a company cannot shift its registered office after approval of a resolution plan when appeals against the...
Corporate Law : IBBI has proposed amendments to CIRP, Liquidation, and Personal Guarantor Regulations to improve valuation, clarify RP duties, sim...
Corporate Law : The proposed amendments require comprehensive project-wise disclosures, technical assessments, and mandatory information in resolu...
Corporate Law : The Ministry of Corporate Affairs highlighted that the IBC resolution process facilitated creditor recoveries exceeding ₹4 lakh ...
Corporate Law : The IBBI has announced contractual vacancies for Research Associates and Consultants in law and business management disciplines. T...
Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...
Corporate Law : NCLAT Chennai dismissed a prospective resolution applicant's appeal as premature, holding that the intervention application remain...
Corporate Law : NCLAT directed preparation of a Resolution Plan addendum to consider homebuyers' claims reflected in the corporate debtor's record...
Corporate Law : Calcutta HC set aside a decree after holding that a suit filed during the Section 96 IBC interim moratorium was barred under Secti...
Corporate Law : NCLAT Delhi upheld rejection of a Section 7 IBC petition, holding disputed loan documents, alleged fraud and pending proceedings p...
Company Law : NCLT Mumbai rejected claims of seconded subsidiary employees in the holding company's liquidation, holding no employer-employee re...
Corporate Law : IBBI DC warned an insolvency professional and imposed a ₹25,000 penalty over professional engagement and relationship disclosure...
Corporate Law : IBBI DC suspended a Resolution Professional for one year over failure to place a replacement proposal before the CoC under Regulat...
Corporate Law : IBBI suspended an Insolvency Professional for two years over asset valuation and Information Memorandum disclosure lapses during C...
Corporate Law : IBBI extends the deadline for filing PGIRP-1 to PGIRP-6 forms to 30 September 2026 and defers penalties while directing accurate e...
Corporate Law : IBBI suspended an Insolvency Professional for three years over wrongful rejection of an admitted CIRP claim and non-compliance wit...
NCLAT Chennai dismissed a prospective resolution applicant’s appeal as premature, holding that the intervention application remained pending after remand of the resolution plan to the CoC.
NCLAT directed preparation of a Resolution Plan addendum to consider homebuyers’ claims reflected in the corporate debtor’s records before plan approval.
Calcutta HC set aside a decree after holding that a suit filed during the Section 96 IBC interim moratorium was barred under Section 96(1)(b)(ii) and liable under Order VII Rule 11(d).
NCLAT Delhi upheld rejection of a Section 7 IBC petition, holding disputed loan documents, alleged fraud and pending proceedings prevented admission.
NCLT Mumbai rejected claims of seconded subsidiary employees in the holding company’s liquidation, holding no employer-employee relationship was established.
NCLT Mumbai held a transaction fraudulent under Section 66 of the IBC and directed Respondent Nos. 1 and 5 to contribute ₹24.45 crore to the Corporate Debtor.
Calcutta HC set aside cancellation of an Insolvency Professional’s registration due to lack of jurisdiction and non-compliance with Sections 218 and 219 of IBC.
NCLAT dismissed the appeal, holding Regulation 29 set-off applies only between the same parties and not against dues of other group entities.
NCLAT held operational debt existed under the consortium agreement, set aside rejection of the Section 9 application, and restored it for admission.
NCLT Chennai admitted the Section 9 petition, holding the settlement agreement did not alter the operational debt or constitute novation, and initiated CIRP.
