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IBC 2016

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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


Voluntary liquidation under Companies Act, 2013 & IBC, 2016

April 13, 2024 48717 Views 2 comments Print

Explore the comprehensive process and recent amendments to voluntary liquidation in India. Understand the conditions, timeline, and implications for stakeholders.

IBBI warns & Penalises IP for not representing CD before NCLT effectively

April 12, 2024 978 Views 0 comment Print

Read the detailed analysis of the Insolvency and Bankruptcy Board of India’s disciplinary action against Ms. Jovita Reema Mathias for her role as a liquidator.

After initiation of resolution process appeal not maintainable if not filed by IRP

April 11, 2024 489 Views 0 comment Print

Since the appellant hadn’t filed the appeal through the Interim Resolution Professional as required under the resolution process, the ITAT deemed the appeal not maintainable and dismissed it.

New applicants barred from participating in CIRP without fresh Form G issuance: NCLAT

April 10, 2024 1089 Views 0 comment Print

NCLAT decision bars new applicants from participating in CIRP without fresh Form G issuance, impacting Mamta Binani case. Full judgment analysis here.

NCLT Directs SRA to Match Total Value of Resolution Plan with Liquidation Value

April 9, 2024 642 Views 0 comment Print

NCLT Allahabad directs Successful Resolution Applicant (SRA) to match total value of resolution plan with liquidation value in case of Hadirah Steels Pvt. Ltd. Vs Rana Heavy Engineering Ltd.

IBBI suspends IRP for sharing asset memorandum with prospective bidders

April 9, 2024 927 Views 0 comment Print

Read about the IBBI’s disciplinary action against Mr. Venkata Sivakumar, an Interim Resolution Professional, for sharing asset memorandum with prospective bidders.

Once a resolution plan is approved, Substitution of same is not permissible

April 9, 2024 702 Views 0 comment Print

NCLAT Delhi rejects SRA’s plea for substitution in resolution plan after CoC and NCLT approval. Analysis of UV Asset Reconstruction Company Ltd. & Anr. vs Aircel Ltd. case.

Resolution plan set aside as applicant declared as wilful defaulter: NCLT Mumbai

April 5, 2024 759 Views 0 comment Print

NCLT Mumbai set aside the resolution plan submitted by the respondent as Resolution Professional withhold the information of Resolution Applicant, being declared as wilful defaulter prior to submission of resolution plan, from the COC.

Revamping SME Growth: An Overview of New Manufacturing Norms In India

April 4, 2024 1038 Views 0 comment Print

Explore the new manufacturing norms (NMN) in India aimed at boosting SME growth. Learn about eligibility criteria, investment thresholds, and benefits for small and medium enterprises.

IBC Authority Inappropriate for Revocation of Attachment under PMLA: NCLT

April 3, 2024 537 Views 0 comment Print

NCLT Chennai rules IBC not right for ED attachment revocation in Nathella Sampath Jewelry case. Detailed analysis of jurisdictional issues.

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