#IBC 2016
Log in to FollowLatest IBC 2016 judgments, orders, IBC developments, insolvency and corporate law updates with practical legal analysis on TaxGuru.

No modification possible in Information Memorandum prepared based on Resolution Plan submitted and approved by CoC

Application for staying auction process not tenable since rejection of resolution plan not objected

Resolution plan once approved cannot be changed post arbitration proceedings

Filing of an application u/s. 7 of IBC after 9 years of cause of action is barred by limitation: NCLAT Delhi

Adjustment of security payment deposit against pre-CIRP dues not allowable: NCLAT Chennai

Section 9 Application unjustified due to pre-existing dispute surrounding operational debt: NCLAT Delhi

Application u/s. 95 of IBC against Personal Guarantor not maintainable as defaulted amount less than one Crore

CoC has to take final call with regard to resolution plan or modification thereof: NCLAT Delhi

Section 13 SARFAESI Proceedings Don’t Make IBC Section 10 Application Malicious

Application u/s. 9 of IBC rejected as performance pay cannot be taken as operational debt: NCLAT Chennai

IBBI suspends Liquidator for two years for contraventions of IBC regulations

Shareholder cannot be treated as ‘aggrieved party’ under IBC so appeal u/s. 61 not maintainable

NCLAT Delhi condoned delay of five days in filing of an appeal as sufficient cause shown

No Objections Filed: NCLT Chandigarh Approves Haldirams Snacks Scheme
Explore the latest IBC 2016 judgments, orders and legal developments on TaxGuru. Coverage includes the Insolvency and Bankruptcy Code, CIRP, liquidation, resolution plans, creditor and debtor rights, Companies Act issues and related appellate developments. The page is designed to help insolvency professionals, companies, lenders and advisers follow significant rulings and their practical corporate-law implications.
