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 : Bombay HC held that Section 14 IBC moratorium does not prevent deemed conveyance under Section 11 MOFA and restored the society's ...
Company Law : Kerala HC held Rule 55 empowers NCLT to accept additional pleadings, setting aside refusal to entertain further objections in a Se...
Corporate Law : NCLAT held that invoice discounting through the TReDS platform does not convert operational debt into financial debt. The appeal w...
Corporate Law : Supreme Court held that a Section 7 IBC application can proceed despite pending winding-up proceedings where no irreversible stage...
Corporate Law : NCLT admitted the Section 9 petition after holding that campaign-related emails did not constitute a genuine pre-existing dispute....
Corporate Law : IBBI cancelled an IP’s registration over systemic CIRP misuse, flawed valuations, non-disclosures, compliance failures and lack ...
Corporate Law : IBBI has released the Phase 10 syllabus for the Limited Insolvency Examination, effective from October 1, 2026, to reflect evolvin...
Corporate Law : The First Appellate Authority directed the CPIO to dispose of the RTI application after finding it was not decided within the 30-d...
Corporate Law : The Disciplinary Committee found that the Resolution Professional delayed admission of a financial creditor's claim and failed to ...
Corporate Law : The Disciplinary Committee imposed a two-year suspension after finding failures in claim verification, unauthorized financial deci...
Fee reduction of ₹50,000 for the Interim Resolution Professional (IRP) ordered by NCLT was reasonable, given that the IRP’s role was restricted by an interim stay on the constitution of the Committee of Creditors (CoC) between February 28 and September 1, 2023.
NSE has clarified that regulatory exemptions available for Section 31 IBC resolution plans do not extend to plans approved under Section 54L in the PPIRP framework. Listed entities must comply with all applicable SEBI requirements.
The 2026 amendments significantly expand disclosure requirements for operational creditors and corporate applicants. The changes aim to provide resolution professionals and creditors with more comprehensive information during insolvency proceedings.
The 2026 amendments significantly strengthen the role of the Committee of Creditors during liquidation by requiring approval for key decisions. The changes shift major decision-making authority from consultation mechanisms to creditor oversight.
The 2026 amendment introduces Regulation 20A to govern asset transfers involving personal guarantors undergoing bankruptcy and related corporate insolvency proceedings. It also requires creditor approval and disclosures.
The 2026 amendments require personal guarantors to disclose a complete statement of assets, including digital assets, investments, beneficial interests, and overseas holdings. The move aims to enhance transparency in insolvency proceedings
The 2026 amendments introduce new requirements for submission and updating of claims, communication of claim decisions, and recording reasons for claim rejection. A detailed framework for termination of voluntary liquidation proceedings has also been added.
The Third Amendment Regulations, 2026 replace references to Forms P1–P14 with formats to be notified by the IBBI. The Schedule containing the prescribed forms has also been omitted.
IBBI has amended the Information Utilities Regulations to formally recognize “Information of Dispute” when a debtor contests a reported default. The change creates a distinct mechanism for handling disputed default information.
The 2026 amendment replaces references to whole-time members with a broader framework allowing the Disciplinary Committee to consist of one or more persons. The changes update the regulatory structure governing inspections and investigations under the IBC framework.
