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IBC 2016

Latest Articles


IBBI Circular on Generation of Valuation Report Identification Number

Corporate Law : Learn about IBBI's new rule for generating a unique Valuation Report Identification Number (VRIN) for valuations under the Insolve...

August 13, 2024 105 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 11th August 2024

CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....

August 13, 2024 387 Views 0 comment Print

A Study on Inherent Power of NCLT to Recall a CIRP

Corporate Law : Explore how the NCLT's inherent power to recall orders under the IBC ensures justice by addressing procedural errors. Learn about ...

August 10, 2024 84 Views 0 comment Print

Insolvency and Bankruptcy Code, 2016- Boon and Curse

Corporate Law : Explore the pros and cons of the Insolvency and Bankruptcy Code, 2016. Understand its impact on insolvency proceedings in India....

July 29, 2024 138 Views 0 comment Print

IBBI Circular on Filing Forms for Monitoring Voluntary Liquidation Processes

CA, CS, CMA : Discover IBBI Circular No. IBBI/LIQ/74/2024 dated 28-06-2024 on voluntary liquidation processes under the Insolvency and Bankruptc...

June 30, 2024 330 Views 0 comment Print


Latest News


Latest Case Law Related to IBC – April to June 2023

Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...

August 14, 2024 285 Views 0 comment Print

Guidelines for Committee of Creditors by IBBI

Corporate Law : New guidelines for the Committee of Creditors by IBBI focus on enhancing decision-making, transparency, and efficiency in insolven...

August 6, 2024 249 Views 0 comment Print

IBBI Issues Guidelines for Insolvency Professionals 2024

Corporate Law : Learn about the new guidelines by IBBI for Insolvency Professionals acting as IRPs, Liquidators, RPs, and BTs. Details on eligibil...

July 5, 2024 216 Views 0 comment Print

IBBI Format for progress report during Liquidation process

Corporate Law : IBBI updates the progress report format for liquidation processes, seeking comments by July 12, 2024. Learn about the new requirem...

June 22, 2024 423 Views 0 comment Print

IBBI Discussion Paper: Proposed Amendments to CIRP Regulations

Corporate Law : IBBI invites comments on proposed amendments to CIRP regulations, focusing on valuation processes, MSME treatment, voting protocol...

June 19, 2024 336 Views 0 comment Print


Latest Judiciary


Application u/s. 95 of I&B Code dismissed as demand notice not served on correct address: NCLT Amravati

Corporate Law : NCLT Amravati held that application filed by SBI (creditor) u/s. 95 of the Insolvency and Bankruptcy Code, 2016 for initiation of ...

August 16, 2024 57 Views 0 comment Print

Reassessment action u/s. 148 post approval of resolution plan unsustainable: Delhi HC

Income Tax : Delhi High Court held that reassessment action under section 148 of the Income Tax Act post approval of the resolution plan unsust...

August 15, 2024 522 Views 0 comment Print

IPE can be appointed as IP to carry out duties & functions under IBC: NCLT Mumbai

Corporate Law : NCLT Mumbai rules in favor of Piramal Capital, allowing Insolvency Professional Entities to be appointed as Resolution Professiona...

August 14, 2024 96 Views 0 comment Print

Corporate Debtor not liable for offences prior to commencement of CIRP: NCLT Mumbai

Corporate Law : NCLT Mumbai held that as per section 32A of the Insolvency Bankruptcy Code, 2016, the Corporate Debtor shall not be held liable fo...

August 8, 2024 111 Views 0 comment Print

Electricity supply during CIRP essential hence RP can take coercive step to collect amount for its payment: NCLAT Delhi

Corporate Law : NCLAT Delhi held that electricity supply by NPCL, being in nature of supply of essential goods, was necessary to be continued duri...

July 30, 2024 108 Views 0 comment Print


Latest Notifications


IBBI (Inspection and Investigation) (Amendment) Regulations, 2024

Corporate Law : IBBI amends Inspection and Investigation Regulations, extending the response period to show-cause notices to 60 days from the due ...

August 17, 2024 9 Views 0 comment Print

IBBI (Information Utilities) (Amendment) Regulations, 2024

Corporate Law : IBBI updates Information Utilities Regulations with new timelines and verification procedures starting October 2024, improving def...

August 17, 2024 9 Views 0 comment Print

Mere Association with Promoter Doesn’t Automatically Disqualify Resolution Applicant: IBBI

Corporate Law : IBBI's ruled that mere association with a promoter does not automatically disqualify a Resolution Applicant under Section 29A unle...

August 15, 2024 69 Views 0 comment Print

IBBI DC Disposes of SCN Against IP, Advises Re-examination Post SC Decision

Corporate Law : The IBBI Disciplinary Committee disposes of SCN against Insolvency Professional Brijendra Kumar Mishra, advising re-examination af...

August 14, 2024 81 Views 0 comment Print

IBBI suspends IP for negligence and failure in handling claims under CIRP

Corporate Law : IBBI disciplinary order finds Mr. Vijendra Kumar Jain guilty of negligence and failure in handling claims under CIRP, with implica...

August 13, 2024 69 Views 0 comment Print


Treatment of GST dues of taxpayers for whom proceeding been finalised under IBC, 2016

April 24, 2024 768 Views 0 comment Print

Understand the clarifications on GST dues for taxpayers whose proceedings have been finalized under IBC, 2016, as per Circular No. 1 (2022)/2024.

Effect of Global Pandemic on Evolution of Corporate Insolvency Laws

April 23, 2024 327 Views 0 comment Print

Explore the evolution of corporate insolvency laws pre and post the pandemic. Learn about the challenges faced, judicial interpretations, and the special framework for MSMEs.

Liquidator Fees under Regulation 4(2)(b): NCLAT Delhi Ruling

April 23, 2024 690 Views 0 comment Print

Analysis of Ashok Kumar Gulla vs State Bank of India case on payment of liquidator fees under Regulation 4(2)(b) of Liquidation Process Regulations by NCLAT Delhi.

Bankruptcy Orders: Process, Implications and Protections

April 22, 2024 792 Views 0 comment Print

Understand bankruptcy orders – legal declarations indicating financial inability to repay debts. Learn implications, initiation, trustee roles, and legal basis for relief.

Cross-Border Insolvency: Insights into India’s Legal Landscape

April 22, 2024 570 Views 0 comment Print

Cross-border insolvency can be construed as those insolvency matters where a debtor who has declared himself to be as insolvent has assets in more than one jurisdiction or country, and its creditors, too, reside overseas. And, therefore, it could also be termed as an international insolvency.

Complexities of Cross-Border Insolvency: A Comprehensive Guide

April 21, 2024 474 Views 0 comment Print

Explore the complexities of cross-border insolvency, its significance, legal frameworks, and landmark cases like Jet Airways. Understand the UNCITRAL Model Law’s role and India’s regulatory developments.

Personal Guarantor Liability in Corporate Insolvency: Legal Analysis

April 21, 2024 6858 Views 0 comment Print

Explore the intricacies of personal guarantor liability in corporate insolvency under the Insolvency and Bankruptcy Code, 2016. Detailed analysis, landmark cases, and judicial interpretations unveiled.

Adjudicating Authority cannot review judgment on merits: NCLAT Delhi

April 21, 2024 294 Views 0 comment Print

NCLAT Delhi ruling on Adisri Commercial Pvt. Ltd. Vs RBI & Ors. : Recall applications filed by Appellant are nothing but application to review judgment on merits which power is not vested with Adjudicating Authority.

SC verdict on jurisdiction of Special Courts under IBC, 2016

April 21, 2024 351 Views 0 comment Print

Insolvency And Bankruptcy Board of India Vs Satyanarayan Bankatlal Malu & Ors (Supreme Court of India) The recent Supreme Court ruling in the case of Insolvency And Bankruptcy Board of India Vs Satyanarayan Bankatlal Malu & Ors clarifies the jurisdiction of Special Courts under the Insolvency and Bankruptcy Code. Analyzing the provisions of Section 236(1) […]

Role of a Resolution Professional in Insolvency and Bankruptcy

April 21, 2024 603 Views 0 comment Print

Learn about appointment, roles, and limitations of a resolution professional in insolvency and bankruptcy process. Explore key insights and relevant cases.

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