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IBC 2016

Latest Articles


Voluntary liquidation under Companies Act, 2013 & IBC, 2016

Corporate Law : Explore the comprehensive process and recent amendments to voluntary liquidation in India. Understand the conditions, timeline, an...

April 13, 2024 24624 Views 1 comment Print

Revamping SME Growth: An Overview of New Manufacturing Norms In India

Corporate Law : Explore the new manufacturing norms (NMN) in India aimed at boosting SME growth. Learn about eligibility criteria, investment thre...

April 4, 2024 324 Views 0 comment Print

Exigency of Cross Border Insolvency Regime in India

Corporate Law : Explore necessity of uniform cross-border insolvency laws in India, analyzing proposed frameworks and key recommendations from reg...

April 2, 2024 219 Views 0 comment Print

Deciphering the Conundrum of Right to Claim Set-off in CIRP

Corporate Law : Explore the Supreme Court's ruling on the right to claim set-off in the corporate insolvency resolution process (CIRP), along with...

March 11, 2024 243 Views 0 comment Print

Personal Guarantor: A Gamechanger under IBC – Part 1

Corporate Law : Discover how personal guarantors under IBC 2016 transform debt recovery, making credit more accessible and ensuring accountability...

February 23, 2024 621 Views 1 comment Print


Latest News


LLP Act Amendments, Integrated IT Portal, NCLT Framework Strengthening by MCA

Corporate Law : Explore the impact of the LLP (Amendment) Act, 2021 on Ease of Doing Business, startup encouragement, and the introduction of Smal...

January 31, 2024 363 Views 0 comment Print

MCA Unveils Draft Policy for Transparent Rule & Regulation Making

Corporate Law : Explore the Ministry of Corporate Affairs draft policy for pre-legislative consultation and a comprehensive review of rules and re...

January 16, 2024 393 Views 0 comment Print

Insolvency Professionals Appointment Guidelines 2023 by IBBI

Corporate Law : Explore the Insolvency and Bankruptcy Board of India's latest guidelines (2023) for appointing Interim Resolution Professionals, L...

December 8, 2023 1659 Views 0 comment Print

Discussion paper on Real-Estate Related Proposals- CIRP & Liquidation

Corporate Law : Explore discussion paper on real estate insolvency reforms, including RERA registration, separate bank accounts, and asset exclusi...

November 7, 2023 732 Views 0 comment Print

Discussion paper on amendments to IBBI (Insolvency Resolution Process for Corporate Process) Regulations, 2016

Corporate Law : Learn about amendments to IBBI Regulations & their effects on insolvency resolution process with Discussion Paper on IBBI (IRPC) R...

November 2, 2023 393 Views 0 comment Print


Latest Judiciary


Resolution Applicant Can’t Withdraw or Modify Plan After Creditor Committee Approval: SC

Corporate Law : Detailed analysis of Deccan Value Investors L.P. & Anr vs. Dinkar Venkatasubramanian & Anr case. Supreme Court prohibits withdrawa...

April 14, 2024 267 Views 0 comment Print

After initiation of resolution process appeal not maintainable if not filed by IRP

Income Tax : Since the appellant hadn't filed the appeal through the Interim Resolution Professional as required under the resolution process, ...

April 11, 2024 168 Views 0 comment Print

New applicants barred from participating in CIRP without fresh Form G issuance: NCLAT

Company Law : NCLAT decision bars new applicants from participating in CIRP without fresh Form G issuance, impacting Mamta Binani case. Full jud...

April 10, 2024 114 Views 0 comment Print

NCLT Directs SRA to Match Total Value of Resolution Plan with Liquidation Value

Corporate Law : NCLT Allahabad directs Successful Resolution Applicant (SRA) to match total value of resolution plan with liquidation value in cas...

April 9, 2024 120 Views 0 comment Print

Once a resolution plan is approved, Substitution of same is not permissible

Corporate Law : NCLAT Delhi rejects SRA's plea for substitution in resolution plan after CoC and NCLT approval. Analysis of UV Asset Reconstructio...

April 9, 2024 213 Views 0 comment Print


Latest Notifications


IBBI warns & Penalises IP for not representing CD before NCLT effectively

Corporate Law : Read the detailed analysis of the Insolvency and Bankruptcy Board of India's disciplinary action against Ms. Jovita Reema Mathias ...

April 13, 2024 210 Views 0 comment Print

IBBI suspends IRP for sharing asset memorandum with prospective bidders

Corporate Law : Read about the IBBI's disciplinary action against Mr. Venkata Sivakumar, an Interim Resolution Professional, for sharing asset mem...

April 10, 2024 156 Views 0 comment Print

IBBI Disciplinary Committee disposes Chetan Patel Case

Corporate Law : Read about the case involving Chetan Patel, an Insolvency Professional, with detailed analysis of alleged contraventions and submi...

April 4, 2024 228 Views 0 comment Print

IBBI Circular: Withdrawal of Unclaimed Dividends – Regulation 46

Corporate Law : Read about the process for withdrawing unclaimed dividends as per Regulation 46 of the Insolvency and Bankruptcy Board of India. G...

March 24, 2024 300 Views 0 comment Print

Enhancing Transparency in Liquidation Process: IBBI’s Directive to Stakeholders

Corporate Law : Discover how IBBI aims to boost transparency in liquidation processes by involving stakeholders. Explore directives for progress r...

March 22, 2024 234 Views 0 comment Print


NCLT approves Resolution Plan of Siddharth World Trade Private Limited

June 26, 2023 216 Views 0 comment Print

NCLT Mumbai approves Edelweiss ARC’s resolution plan for Siddharth World Trade, ensuring a smooth corporate restructuring under IBC with 100% CoC approval.

NCLT approves Resolution Plan of Orange Medicare and Research Centre Private Limited

June 26, 2023 333 Views 0 comment Print

NCLT Mumbai approves Saraswat Co-op Bank’s resolution plan for Orange Medicare, ensuring seamless revival with unanimous CoC support under IBC.

NCLT approves Resolution Plan of Galada Power and Telecommunication Limited

June 26, 2023 321 Views 0 comment Print

NCLT Hyderabad approves Amrutha Constructions’ resolution plan for Galada Power, ensuring its revival with unanimous CoC support under IBC.

NCLT approves Resolution Plan of Salebhai Internet Limited

June 26, 2023 138 Views 0 comment Print

NCLT Ahmedabad approves Smeet Dineshkumar Chaudhari’s resolution plan for Salebhai Internet Limited, ensuring its revival with unanimous CoC support under IBC.

Once CIRP initiated, IT dept cannot initiate fresh proceedings: Calcutta HC

June 26, 2023 960 Views 0 comment Print

Calcutta High Court rules that initiation of fresh proceedings against an entity under CIRP is barred by IBC Section 238, quashing IT department’s order and subsequent actions against MSP Metallics Limited.

Proceedings Under IBC 2016 Halts Legal Suit Against Corporate Debtor

June 25, 2023 258 Views 0 comment Print

The ITAT Mumbai ruled that no legal suit or proceeding can continue against a corporate debtor until the conclusion of proceedings under the Insolvency and Bankruptcy Code (IBC) 2016.

Whether interim moratorium for individuals under IBC fulfil its main purpose?

June 23, 2023 2385 Views 0 comment Print

Part III of the Insolvency and Bankruptcy Code (Code) provides insights into the interim moratorium and its impact on individuals and partnership firms. Learn about the scope of protection, willful defaulter proceedings, quasi-criminal proceedings, future liabilities, and the role of the interim moratorium in personal guarantor cases.

IBBI upholds suspension of registered valuer for lack of transparency

June 22, 2023 237 Views 0 comment Print

In an order dated 22nd June 2023, the Insolvency and Bankruptcy Board of India (IBBI) dismissed the appeal filed by Debasish Ghosh, a registered valuer. This verdict upheld Ghosh’s suspension based on various violations of the Companies (Registered Valuers and Valuation) Rules, 2017, primarily related to his lack of transparency and specificity in the valuation […]

IBBI upholds suspension of valuer for contraventions of Valuation Rules

June 22, 2023 1032 Views 0 comment Print

IBBI upheld the suspension, asserting the comprehensiveness of initial order and contraventions of the Valuation Rules in Mr. Maity’s work.

Expression of Interest under Insolvency & Bankruptcy Code, 2016

June 21, 2023 5763 Views 0 comment Print

Learn about Expression of Interest (EOI) under Insolvency & Bankruptcy Code, 2016. Explore Regulation 36A, detailing the issuance of EOI by resolution professionals for corporate debtors’ revival. Understand key details, eligibility criteria, documents required, and the publication process. Definitions and regulations provided under Section 5(26), Section 5(25), and Section 3(8) of IBC, 2016. Discover where EOIs are published and the prescribed form for publication.