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IBC 2016

Latest Articles


No More Technical Escapes: SC Settles Law on Guarantee Validity, Stamping & Disclosures in CIRP

Corporate Law : The Supreme Court held that liabilities arising from corporate guarantees qualify as financial debt under Section 5(8) of the Inso...

May 21, 2026 240 Views 0 comment Print

SC on Shortfall Undertakings as Financial Debt: China Development Bank v. Doha Bank

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...

May 21, 2026 192 Views 0 comment Print

Ambiguous Position of Indian Tax Debts in Waterfall Mechanism

Corporate Law : The article examines how conflicting Supreme Court judgments in Rainbow Papers and Raman Ispat created uncertainty regarding the s...

May 18, 2026 327 Views 0 comment Print

IBC (Amendment) Act, 2026 open gateways for early intervention through CIIRP (Chapter IV-A (Sections 58A–58K) – Let’s Decode CIIRP

Corporate Law : The IBC (Amendment) Act, 2026 introduces CIIRP as a faster and proactive insolvency mechanism for early-stage financial stress. Th...

May 15, 2026 276 Views 0 comment Print

Insolvency As A Strategic Pressure Tool and How Courts are Pushing Back

Corporate Law : Explains how the Court held that insolvency proceedings cannot be used as a pressure tactic for debt recovery. Even if default is ...

May 5, 2026 222 Views 0 comment Print


Latest News


Latest Case Law Related to IBC 2016: January to March 2026

Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...

May 21, 2026 153 Views 0 comment Print

IBBI Issues 2026 Guidelines for Insolvency Professional Appointments

Corporate Law : 2026 Guidelines streamline selection of Insolvency Professionals for IRP, RP, Liquidator, and Bankruptcy Trustee roles, ensuring t...

May 19, 2026 2196 Views 1 comment Print

IBBI Proposes Amendments to IBBI (Liquidation Process) Regulations, 2016

Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....

April 17, 2026 339 Views 0 comment Print

IBBI Proposes Creditor-Led Insolvency Framework to Enable Faster Resolution

Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...

April 17, 2026 348 Views 0 comment Print

IBBI Proposes Amendments Due to Introduction of ‘Service Provider’ Definition

Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...

April 15, 2026 369 Views 0 comment Print


Latest Judiciary


NCLT Orders Dissolution as All Assets Were Liquidated & Distributed Under Section 53

Corporate Law : NCLT Indore held that dissolution under Section 54 of the IBC was justified after all assets of the corporate debtor were liquidat...

May 22, 2026 96 Views 0 comment Print

NCLT Admits CIRP as OTS Proposal Remained Unimplemented Despite Repeated Extensions

Corporate Law : NCLT Mumbai held that ongoing One-Time Settlement discussions cannot defeat insolvency proceedings when debt and default are admit...

May 22, 2026 90 Views 0 comment Print

Subsidiary Company Assets Cannot Form Part of Parent Company Insolvency: NCLAT Delhi

Corporate Law : NCLAT held that foreign oil and gas assets owned through Videocon subsidiaries could not be included in the CIRP of Videocon Indus...

May 22, 2026 96 Views 0 comment Print

NCLT Directs Liquidation After 741-Day CIRP Expires Without Approved Resolution Plan

Corporate Law : Tribunal noted that the CIRP period, including all extensions, had reached 741 days and expired on 20 November 2025. Since no plan...

May 22, 2026 120 Views 0 comment Print

NCLT Orders Liquidation After CoC Rejects All Resolution Plans With Majority Vote

Corporate Law : The NCLT Mumbai held that liquidation became mandatory under Section 33(2) of the IBC after the Committee of Creditors rejected al...

May 22, 2026 141 Views 0 comment Print


Latest Notifications


IBBI Pre-Packaged Insolvency Resolution Process) (Second Amendment) Regulations, 2026

Corporate Law : The amendment bars related parties, recent auditors, and connected persons from acting as registered valuers in pre-pack insolvenc...

May 21, 2026 150 Views 0 comment Print

IBBI (Liquidation Process) (Third Amendment) Regulations, 2026

Corporate Law : The IBBI amended the Liquidation Process Regulations, 2016 to allow appointment of one registered valuer for each asset class in M...

May 21, 2026 168 Views 0 comment Print

IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2026

Corporate Law : The IBBI amended the CIRP Regulations, 2016 to permit appointment of one set of registered valuers for MSME corporate debtors. The...

May 21, 2026 174 Views 0 comment Print

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2026

Corporate Law : The IBBI Amendment Regulations, 2026 introduce nominee directors on IPA governing boards and strengthen oversight mechanisms. The ...

May 14, 2026 234 Views 0 comment Print

Insolvency Professional Suspended for Repeated Delays in Liquidation Compliance

Corporate Law : The order highlights that delayed applications, late progress reports, and non-compliance with filing requirements amounted to ser...

May 7, 2026 306 Views 0 comment Print


Financial Creditors’ can File Second Petition under Section 7 of IBC for CD’s Continued Default

June 13, 2024 879 Views 0 comment Print

Detailed analysis of Desh Bhushan Jain vs Abhay Kumar case before NCLAT Delhi. Second petition under Section 7 of IBC challenged. Full judgment and implications explored.

Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

June 12, 2024 645 Views 0 comment Print

Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and streamline the insolvency process.

Resolution Professional as a Business Solution Provider

June 9, 2024 1362 Views 0 comment Print

The role of a Resolution Professionals can be considered as a Business Solution provider in the context of Insolvency Process. Under IBC Resolution Professional is appointed to manage the business of entity/person which is undergoing insolvency which could be CIRP, FFIRP, Liquidation etc.

NCLT Rule 49 Grants Adjudicating Authority Discretion to Proceed Ex Parte; This Power Is Not Absolute: NCLAT Delhi

June 9, 2024 684 Views 0 comment Print

In the case of Ashok Tiwari Vs DBS Bank India, the NCLAT rules on Rule 49, allowing proceedings to proceed ex parte when the corporate debtor fails to appear, stirring debate.

Role of RP is only that of facilitator between Personal Guarantor & Creditors

June 9, 2024 1272 Views 0 comment Print

NCLT clarifies RP’s role is consulting PG, while debtor must prepare repayment plan. Read the detailed analysis of Indiabulls Housing Finance Ltd. Vs Subhash Chandra.

IBBI order on Unreasonable Expenditure on Charter Planes & Non-Preservation of Records by IP

June 7, 2024 810 Views 0 comment Print

Explore the detailed analysis of Mahender Kumar Khandelwal’s case by the Insolvency and Bankruptcy Board of India Disciplinary Committee, covering alleged contraventions, submissions, and findings.

IBBI Suspends IP for Non-Compliance with NCLAT Directive and Delayed CoC Meetings during CIRP

June 6, 2024 777 Views 0 comment Print

IBBI suspends IP for Failure to act during CIRP despite NCLAT directive and for Delay in convening Committee of Creditors (CoC) meetings.

IBBI Guidelines 2024: Interim Resolution, Liquidation and Bankruptcy Trustees

June 5, 2024 849 Views 0 comment Print

The Insolvency and Bankruptcy Board of India issues guidelines for Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, and Bankruptcy Trustees.

Service of notice gets affected when sent to correct address by registered post

June 4, 2024 1779 Views 0 comment Print

Discover the NCLAT Delhi’s verdict on Mukund Rajhans vs Rajasthan Patrika Pvt Ltd. The corporate debtor’s liability clarified in the latest NCLAT order.

Extension of Payment Time in Resolution Plan not constitute plan modification

June 4, 2024 849 Views 0 comment Print

Analysis of Ashok Dattatray Atre Vs State Bank of India case by NCLAT Delhi. Learn about time extension in payment under IBC and its implications on resolution plans.

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