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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 189 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 147 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 2193 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 360 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 87 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 69 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 87 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 105 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 126 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 144 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


Implications of Powers of RP/IRP being Administrative & Not Adjudicatory

October 21, 2023 1653 Views 0 comment Print

Explore administrative role of Resolution Professionals and Interim Resolution Professionals (RP/IRP) in verifying and evaluating claims in insolvency proceedings. Understand the implications of their actions.

Discussion Paper on Enhancing Effectiveness of Insolvency Professional Entities

October 20, 2023 831 Views 0 comment Print

This discussion paper addresses the need for enhancing the effectiveness of Insolvency Professional Entities in India and proposes regulatory amendments

IBBI Seeks Suggestions for Simplifying and Reducing Compliance Costs

October 12, 2023 786 Views 0 comment Print

IBBI is inviting suggestions to streamline regulations and reduce compliance costs under IBC, 2016, in response to budget announcements.

Resolution plan of Superdrawn Industries Private Limited stands approved

October 9, 2023 555 Views 0 comment Print

NCLT Ahmedabad held that the resolution plan submitted by the Resolution Professional of Superdrawn Industries Private Limited (Corporate Debtor) stands approved at it has been approved with 100% voting share and plan meets the requirement of being viable and feasible.

IRP, RP or liquidator not allowed to cross Laxman Rekha in due diligence: IBBI

October 9, 2023 660 Views 0 comment Print

An in-depth analysis of a disciplinary case involving Mr. Kamal Agarwal, an Insolvency Professional, and his rejection of claims, despite court rulings

Recusal Rights in NCLT: Recent Case Analysis

October 9, 2023 2766 Views 0 comment Print

Explore recent case of Ishrat Ali v. The Cosmos Cooperative Bank Ltd. & Anr. and its impact on litigants’ rights to seek recusal from NCLT members.

Streamlining Voluntary Liquidation Process: Key Proposals 2023

October 6, 2023 1158 Views 0 comment Print

Explore key proposals for streamlining voluntary liquidation process in India, including disclosures, timelines, and regulatory changes. Share your views with IBBI.

IBBI directs IP to be more diligent & careful in handling assignments under IBC

October 6, 2023 588 Views 0 comment Print

IBBI directs Insolvency Professional Vishva Deep Sharma to be more diligent in handling IBC assignments. Analysis and findings provided.

Can Financial Creditor Initiate Resolution Process When Appeal Is Pending

October 6, 2023 879 Views 0 comment Print

Under IBC, can a financial creditor initiate Corporate Insolvency Resolution Process (CIRP) when an appeal against a previous CIRP order is pending? Explore a recent Supreme Court ruling on this matter.

NCLT approved Resolution plan in respect of BKM Industries Limited

October 3, 2023 1920 Views 0 comment Print

NCLT Kolkata held that application filed by resolution professional of BKM Industries Limited (Corporate Debtor) for approval of resolution plan stand approved.

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