Company Law : Explore four legal methods to voluntarily wind up a private company in India, including summary winding up, strike-off, and liquid...
Corporate Law : Liability pertaining to personal guarantors under IBC, 2016 has evolved significantly with legal framework extending its reach to ...
Corporate Law : There’s a lack of real space to unpack the inappropriateness of certain aspects of IBBI’s 2025 reforms is difficult: the refor...
Corporate Law : Learn how secured creditors can relinquish or realize their security interest during liquidation under IBC, including timelines an...
Corporate Law : The initiation of Corporate Insolvency Resolution Process (CIRP) under Sections 7-10 of the IBC involves different creditors and p...
Corporate Law : IBBI's First Appellate Authority dismisses Ravinder Aggarwal's RTI appeal seeking details on MSA Developers' resolution plan imple...
Corporate Law : India's IBC shows significant recovery rates. 8,000+ CIRPs initiated, with 3,485 debtors rescued. Learn about amendments & reforms...
Corporate Law : Overview of IBC 2016's impact, amendments, and government's stance on further changes, including flat registration in insolvency c...
Corporate Law : Clarification on share certificate claims under Rs. 5 lakh, legal heir acceptance, and applicant authenticity measures by the Inve...
Corporate Law : Government clarifies the status of Barshi Textile Mills under IBC 2016, addressing worker payments, company status, and cooperativ...
Corporate Law : Bombay High Court held that mere delay in filing application for recall or review, not involving latches, acquiescence or estoppel...
Corporate Law : Anup Kumar Singh Vs Union of India & others (Calcutta High Court) Calcutta High Court held that issuance of provisional seizur...
Corporate Law : NCLAT Chennai rejects M.K. Rajagopalan's appeal against the approval of S. Rajendran's resolution plan for Vasan Health Care, citi...
Corporate Law : NCLT rejects CIRP Initiation as Notice sent to incorrect address, default amounts falling within the Section 10-A period, the inco...
Corporate Law : NCLT Chennai rules that the ₹1 crore threshold for initiating insolvency proceedings against a corporate debtor also applies to ...
Corporate Law : IBBI DC warns IP Kushvinder Singhal for modifying a lease without prior CoC approval in Startlit Powers CIRP, citing procedural la...
Corporate Law : BBI suspends IP Vikas Prakash Gupta for one year for receiving fees designated for a separate support agency, violating transparen...
Corporate Law : IBBI's First Appellate Authority addressed an RTI appeal regarding information on the Institution of Valuers (IOV) and its foundat...
Corporate Law : Information Commission disposes of an appeal regarding delayed RTI response from CPIO, emphasizing adherence to statutory timeline...
Corporate Law : IBBI disciplinary order suspends IP Jitendrakumar Yadav for 1 year for IBC violations in Dilip Chhabria & Maha Urja cases, citing ...
NCLAT Chennai held that initiation of the IRP proceeding u/s. 95 of Insolvency & Bankruptcy Code, 2016 against personal guarantor upheld as no principle of natural justice has been violated, and that the Resolution Professional has given sufficient opportunities.
Explore four legal methods to voluntarily wind up a private company in India, including summary winding up, strike-off, and liquidation under IBC.
Liability pertaining to personal guarantors under IBC, 2016 has evolved significantly with legal framework extending its reach to bring personal guarantors at a similar pedestal as the corporate debtors.
NCLAT Chennai held that post completion of liquidation process and property of Corporate Debtor is handed over to Successful Auction Purchaser, order u/s. 33(2) of Insolvency and Bankruptcy Code, directing liquidation of corporate debtor’s cannot be revoked.
NCLT Mumbai held that imposition of moratorium u/s. 14 of Insolvency and Bankruptcy Code, 2016 for the acquisition of land by Mumbai Metropolitan Region Development Authority [MMRDA] by no stretch of imagination be extended against large public interest.
IBBI’s First Appellate Authority addressed an RTI appeal regarding information on the Institution of Valuers (IOV) and its foundation (IOVRVF).
Information Commission disposes of an appeal regarding delayed RTI response from CPIO, emphasizing adherence to statutory timelines.
IBBI disciplinary order suspends IP Jitendrakumar Yadav for 1 year for IBC violations in Dilip Chhabria & Maha Urja cases, citing asset protection failures & improper sale.
IBBI’s First Appellate Authority dismisses an RTI appeal, clarifying that public authorities are not required to collate data in a specific format if not already maintained.
Thus, we do not find any error in the impugned order for the purpose of interference, therefore, the present appeal is found to be without any merit and the same is hereby dismissed though without any order as to costs.
