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

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2022

IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2022

RP is to ensure that fees payable to him are reasonable: IBBI

Liquidator Empowered to Decide Mode of Sale: NCLT

NCLT can call any information/evidence under Rule 43: NCLAT

Time Value of Money as an Essential of Financial Debt Under IBC 2016

No resolution plan could be approved which favoured selectively particular Creditors

No remand back of resolution plan to COC over hyper-technical grounds

Government being a secured creditor can claim first charge: SC

Creditor can Claim from Successful Resolution Applicant If its Suit Is Decreed

Entity Issuing ‘Letter of Comfort’ cannot be treated as Corporate Debtor or Guarantor under IBC

Debt converted into equity cannot be treated as Debt – NCLT is a summary court

Lack of clarity is no valid argument for Insolvency Professional: IBBI

Financial Debt cannot be claimed Without Proof of Disbursement
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.
