#IBC 2016
Log in to FollowLatest IBC 2016 judgments, orders, IBC developments, insolvency and corporate law updates with practical legal analysis on TaxGuru.

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2022

NCLT approves Resolution plan of Uttam Galva Steel Limited

IBBI imposes penalty on IP for payment of pre-CIRP dues in violation to IBC

Operational Creditor cannot change ‘date of default’ by confining invoices to a later period

AA Can consider Application filed by Liquidator or Successful Auction Purchaser

Special treatment cannot be given to any corporate entity in any CIRP: IBBI

An indemnity of obligation under agreement doesn’t constitute ‘Financial Debt’

Application for CIRP accepted once default of Corporate Debtor is established

On failure of One Time Settlement, amount in ‘no lien account’ belongs to ‘Corporate Debtor’

Resolution Plan cannot be permitted to be withdrawn after approval: NCLAT

Corporate debtors cannot seek production of original corporate guarantee deed

IBBI disposes SCN against IP aged 71 years without any direction

IRP/ RP cannot charge separate fees for each primary duty performed when a consolidated fees is already being paid

Default in settlement agreement amount not an operational debt
Explore the latest IBC 2016 judgments, orders and legal developments on TaxGuru. Coverage includes the Insolvency and Bankruptcy Code, CIRP, liquidation, resolution plans, creditor and debtor rights, Companies Act issues and related appellate developments. The page is designed to help insolvency professionals, companies, lenders and advisers follow significant rulings and their practical corporate-law implications.
