Corporate Law : The Supreme Court held that liabilities arising from corporate guarantees qualify as financial debt under Section 5(8) of the Inso...
Corporate Law : The Supreme Court ruled that a shortfall payment clause in a Deed of Hypothecation can qualify as a contract of guarantee under th...
Corporate Law : The article examines how conflicting Supreme Court judgments in Rainbow Papers and Raman Ispat created uncertainty regarding the s...
Corporate Law : The IBC (Amendment) Act, 2026 introduces CIIRP as a faster and proactive insolvency mechanism for early-stage financial stress. Th...
Corporate Law : Explains how the Court held that insolvency proceedings cannot be used as a pressure tactic for debt recovery. Even if default is ...
Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...
Corporate Law : 2026 Guidelines streamline selection of Insolvency Professionals for IRP, RP, Liquidator, and Bankruptcy Trustee roles, ensuring t...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...
Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...
Corporate Law : NCLT Indore held that dissolution under Section 54 of the IBC was justified after all assets of the corporate debtor were liquidat...
Corporate Law : NCLT Mumbai held that ongoing One-Time Settlement discussions cannot defeat insolvency proceedings when debt and default are admit...
Corporate Law : NCLAT held that foreign oil and gas assets owned through Videocon subsidiaries could not be included in the CIRP of Videocon Indus...
Corporate Law : Tribunal noted that the CIRP period, including all extensions, had reached 741 days and expired on 20 November 2025. Since no plan...
Corporate Law : The NCLT Mumbai held that liquidation became mandatory under Section 33(2) of the IBC after the Committee of Creditors rejected al...
Corporate Law : The amendment bars related parties, recent auditors, and connected persons from acting as registered valuers in pre-pack insolvenc...
Corporate Law : The IBBI amended the Liquidation Process Regulations, 2016 to allow appointment of one registered valuer for each asset class in M...
Corporate Law : The IBBI amended the CIRP Regulations, 2016 to permit appointment of one set of registered valuers for MSME corporate debtors. The...
Corporate Law : The IBBI Amendment Regulations, 2026 introduce nominee directors on IPA governing boards and strengthen oversight mechanisms. The ...
Corporate Law : The order highlights that delayed applications, late progress reports, and non-compliance with filing requirements amounted to ser...
Anubhav Choudhary’s RTI appeal for information on operational creditors was dismissed, as the queries exceeded the scope of the RTI Act’s provisions.
Key updates in Income Tax, GST, Customs, and SEBI from 9th to 15th Sep 2024, including audit guidelines, ITC rules, and export policy changes.
Supreme Court allows IBC proceedings after DRT recovery certificates. Doctrine of election doesn’t bar creditors from seeking NCLT relief after DRT recovery.
Supreme Court held that Covid-19 lockdown was a valid reason for extension of time to deposit the balance sale consideration to auction purchaser under Insolvency and Bankruptcy Code.
Explore the GST AAR Andhra Pradesh ruling on MCM Pacific PTE Ltd’s request for zero-rated export treatment for assets procured from Lanco Kondapalli Power Ltd.
Stay updated on GST, Income Tax rulings, SEBI notifications, and Excise duty exemptions issued during the week of 2nd-8th September 2024.
Key updates from Income Tax, GST, Central Excise, Customs, DGFT, and SEBI for the week of August 26 – September 1, 2024, including tax notifications, rulings, and regulatory amendments.
Explore the role of rescue financing under the IBC 2016 in India, its successes, challenges, and global insights for enhancing the insolvency resolution process.
FedEx’s appeal for CIRP against Zipker was dismissed by NCLT, ruling the company’s name must be restored under specific provisions, not automatically.
IBBI issues a disciplinary order against Insolvency Professional Yogesh Kumar Gupta for alleged misconduct during a CIRP. Investigation details and findings inside.
