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IBC 2016

Latest Articles


Empowering CoC: Irrevocable Decision to Liquidate Under Section 33(2) of IBC

Corporate Law : NCLAT held that the CoC may decide to liquidate a corporate debtor under Section 33(2) before inviting resolution plans, with limi...

June 30, 2026 204 Views 0 comment Print

Sovereignty of Commercial Wisdom: Balancing Creditor Autonomy & Judicial Oversight under IBC

Corporate Law : This article explains why the Insolvency and Bankruptcy Code places commercial decision-making in the hands of the Committee of Cr...

June 25, 2026 330 Views 0 comment Print

Section 66 IBC Expanded as NCLAT Recognised Third-Party Liability

Corporate Law : The article explains how the NCLAT interpreted Section 66(1) to extend liability beyond company insiders to third parties who know...

June 19, 2026 408 Views 0 comment Print

Homebuyers as Financial Creditor: Genuine Homebuyer V. Speculative Investor

Corporate Law : The Supreme Court held that individuals investing for financial returns rather than home ownership cannot invoke Section 7 of the ...

June 8, 2026 384 Views 0 comment Print

Calcutta HC Bars Shifting of Registered Office If IBC Appeal Pending

Corporate Law : The High Court held that a company cannot shift its registered office after approval of a resolution plan when appeals against the...

June 8, 2026 270 Views 0 comment Print


Latest News


IBBI proposes amendments to CIRP, Liquidation & Personal Guarantor Regulations

Corporate Law : IBBI has proposed amendments to CIRP, Liquidation, and Personal Guarantor Regulations to improve valuation, clarify RP duties, sim...

July 3, 2026 381 Views 0 comment Print

IBBI Proposes Real Estate CIRP Reforms for Stronger Protection for Homebuyers

Corporate Law : The proposed amendments require comprehensive project-wise disclosures, technical assessments, and mandatory information in resolu...

July 2, 2026 189 Views 0 comment Print

IBC resolution process facilitated realisation of over ₹4 lakh crore for creditors

Corporate Law : The Ministry of Corporate Affairs highlighted that the IBC resolution process facilitated creditor recoveries exceeding ₹4 lakh ...

May 29, 2026 351 Views 0 comment Print

IBBI Invites Applications for Research Associates & Consultants

Corporate Law : The IBBI has announced contractual vacancies for Research Associates and Consultants in law and business management disciplines. T...

May 26, 2026 549 Views 0 comment Print

Latest Case Law Related to IBC 2016: January to March 2026

Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...

May 21, 2026 462 Views 0 comment Print


Latest Judiciary


Section 11 MOFA Deemed Conveyance Not Barred by Section 14 IBC Moratorium: Bombay HC

Corporate Law : Bombay HC held that Section 14 IBC moratorium does not prevent deemed conveyance under Section 11 MOFA and restored the society's ...

July 5, 2026 270 Views 0 comment Print

Additional Objections Permissible in Section 7 IBC Proceedings: Kerala HC

Company Law : Kerala HC held Rule 55 empowers NCLT to accept additional pleadings, setting aside refusal to entertain further objections in a Se...

July 4, 2026 93 Views 0 comment Print

Factoring of Trade Receivables Does Not Convert Operational Debt into Financial Debt: NCLAT Delhi

Corporate Law : NCLAT held that invoice discounting through the TReDS platform does not convert operational debt into financial debt. The appeal w...

July 4, 2026 135 Views 0 comment Print

Pending Winding-Up Proceedings Do Not Bar Independent Section 7 IBC Application Unless Irreversible Stage Is Reached: SC

Corporate Law : Supreme Court held that a Section 7 IBC application can proceed despite pending winding-up proceedings where no irreversible stage...

July 3, 2026 96 Views 0 comment Print

NCLT Admits Insolvency Petition Because No Genuine Pre-Existing Dispute Was Established

Corporate Law : NCLT admitted the Section 9 petition after holding that campaign-related emails did not constitute a genuine pre-existing dispute....

July 3, 2026 132 Views 0 comment Print


Latest Notifications


IBBI Cancels IP Registration for Systemic CIRP Misuse & Due Diligence Failures

Corporate Law : IBBI cancelled an IP’s registration over systemic CIRP misuse, flawed valuations, non-disclosures, compliance failures and lack ...

July 4, 2026 762 Views 0 comment Print

IBBI publishes syllabus for Phase 10 of Limited Insolvency Examination

Corporate Law : IBBI has released the Phase 10 syllabus for the Limited Insolvency Examination, effective from October 1, 2026, to reflect evolvin...

July 1, 2026 270 Views 0 comment Print

IBBI RTI Appeal Allowed as CPIO Failed to Respond Within Statutory Time Limit

Corporate Law : The First Appellate Authority directed the CPIO to dispose of the RTI application after finding it was not decided within the 30-d...

June 30, 2026 201 Views 0 comment Print

IBBI Penalises RP for Defying NCLT Orders on Financial Creditor Claim

Corporate Law : The Disciplinary Committee found that the Resolution Professional delayed admission of a financial creditor's claim and failed to ...

June 25, 2026 318 Views 0 comment Print

IBBI Suspends Insolvency Professional Over Multiple CIRP Lapses in Real Estate Case

Corporate Law : The Disciplinary Committee imposed a two-year suspension after finding failures in claim verification, unauthorized financial deci...

June 16, 2026 423 Views 0 comment Print


NCLAT Rejects Contempt Appeal Due to Two-Year Delay in Newspaper Publication Dispute

February 23, 2026 294 Views 0 comment Print

The Appellate Tribunal held that no further contempt proceedings were warranted over 2023 publications. It noted the delay and pendency of related civil proceedings before the High Court.

Delhi HC Quashes GST ITC Demand for Ignoring IBC Moratorium Plea

February 22, 2026 732 Views 0 comment Print

The High Court set aside a GST order confirming ITC demand under Section 74 as the authority failed to consider the petitioner’s defence based on IBC moratorium. The matter was remanded for fresh hearing.

CIRP Regulations, 2016: Strengthening CoC Oversight & Procedural Clarity – A Practitioner’s Analysis

February 21, 2026 639 Views 0 comment Print

The Discussion Paper proposes enhanced recording of CoC deliberations, rationalised CIRP costs, and safeguards against related-party influence. Legislative backing is suggested for certain reforms.

Ownership v. Economic Interest: Why excluding Spectrum Rights fails test of Value Maximization for Creditors

February 20, 2026 486 Views 0 comment Print

The Court held that spectrum licences are sovereign privileges, not proprietary assets under IBC. This limits creditor claims and shifts disputes to telecom regulatory forums.

Spectrum allocated to Telecom Service Providers cannot be subjected to proceedings under IBC

February 20, 2026 492 Views 0 comment Print

Supreme Court held that Spectrum allocated to Telecom Service Providers [TSPs] and shown in their books of account as an “asset” cannot be subjected to proceedings under Insolvency and Bankruptcy Code, 2016 [IBC].

IBBI Suspends Insolvency Professional for Six Months for Accepting CIRP Without Valid AFA

February 19, 2026 468 Views 0 comment Print

The Disciplinary Committee held that the IRP accepted assignment and issued a public announcement without holding a valid Authorisation for Assignment. A six-month suspension was imposed, with mitigating factors noted.

Contract Termination not triggered by insolvency is not barred by moratorium u/s. 14 of IBC: NCLAT Delhi

February 17, 2026 636 Views 0 comment Print

NCLAT Delhi held that termination of contract not triggered by the insolvency of Corporate Debtor and therefore not barred by moratorium under section 14 of the Insolvency and Bankruptcy Code [IBC]. Accordingly, appeal held as devoid of merit.

IBBI Cancels Valuer Registration After Loss of RVO Membership

February 17, 2026 621 Views 0 comment Print

The IBBI cancelled a registered valuer’s licence after his expulsion from a Registered Valuers Organisation made him ineligible under Rule 3 and Rule 7 of the Valuation Rules.

IBBI proposes strengthening CoC’s oversight & procedural clarity under CIRP Regulations

February 17, 2026 492 Views 0 comment Print

The discussion paper suggests stronger recording of CoC deliberations, structured approval of CIRP costs, and clearer roles in delayed claims. It also proposes excluding related operational creditors to safeguard independence.

Towards Doctrinal Coherence: Recognition of Lien as a Security Interest under IBC

February 16, 2026 537 Views 0 comment Print

Courts differ on whether statutory liens qualify as security interests under the IBC. The issue impacts secured creditor status and liquidation priority.

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