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 : NCLT Cuttack held that after relinquishing its security interest, Secured Creditors cannot seek priority over other similar credit...
Corporate Law : NCLAT quashes NCLT order permitting financial creditor to amend date of default in IBC S7 application, ruling it improper when the...
Income Tax : Delhi High Court sets aside tax reassessment for firm post-IBC resolution plan, citing 'Clean Slate Theory' and prior judgments ...
Corporate Law : Supreme Court held that NCLAT has no power to condone delay beyond prescribed period of 45 days to entertain appeal regardless of ...
Goods and Services Tax : Allahabad High Court rules GST demand for pre-CIRP period invalid after NCLT approves resolution plan, citing Supreme Court judgme...
Corporate Law : IBBI disposes RTI appeal citing delay in reply and public domain availability of info on Ajnara India Ltd insolvency; reminds CPIO...
Corporate Law : The IBBI suspends Mr. Viswanathan Rajagopalan's registration for two years over multiple violations under the Insolvency and Bankr...
Corporate Law : IBBI disposes multiple RTI appeals citing delayed responses by CPIO but finds the final replies satisfactory; stresses need for ti...
Corporate Law : IBBI First Appellate Authority dismisses multiple RTI appeals, citing repetitive and overlapping requests as abuse of the Act, war...
Corporate Law : IBBI Appellate Authority upholds 6-month suspension of Registered Valuer Nitin Ashok Garg, citing deficiencies in his liquidation ...
NCLAT Delhi held that in case there is fraudulent and malicious initiation of Corporate Insolvency Resolution Proceedings [CIRP], adjudicating authority has jurisdiction under the IBC to recall CIRP admission order.
NCLAT rules that appeals under Section 61 of IBC are invalid after corporate debtor dissolution. Explore the judgment on corporate insolvency proceedings.
NCLAT Chennai held that appeal u/s. 60(5) of I&B Code, 2016 against order rejecting interlocutory application for seeking to declare the process memorandum for Resolution Plan incomplete is hereby allowed.
NCLAT Delhi held that the commercial wisdom of the Committee of Creditors [CoC] in rejecting resolution plan and opting for liquidation is non-justiciable. Accordingly, held that NCLT rightly refused to intervene in decision of CoC.
IBBI revises liquidation regulations, introducing compliance updates, filing requirements, and due diligence for bidders under the Insolvency and Bankruptcy Code.
IBBI amends Voluntary Liquidation Process Regulations, 2025, introducing new filing timelines, form submissions, and compliance requirements for liquidators.
IBBI revises grievance handling rules, changing complaint timelines to start after all legal proceedings are closed. Effective upon Gazette publication.
IBBI amends Inspection and Investigation Regulations 2017, clarifying the term “associated” in the context of investigation and inspection activities.
IBBI notifies amendments to Model Bye-Laws and Governing Board of Insolvency Professional Agencies Regulations, extending specific timelines for compliance.
After considering submissions made by both parties it is held that there is no dispute that the appellant stood as a guarantor for the loan availed by the CD which has already been admitted into CIRP
