Sponsored
    Follow Us:

IBC 2016

Latest Articles


IBBI Circular on Generation of Valuation Report Identification Number

Corporate Law : Learn about IBBI's new rule for generating a unique Valuation Report Identification Number (VRIN) for valuations under the Insolve...

August 13, 2024 105 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 11th August 2024

CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....

August 13, 2024 387 Views 0 comment Print

A Study on Inherent Power of NCLT to Recall a CIRP

Corporate Law : Explore how the NCLT's inherent power to recall orders under the IBC ensures justice by addressing procedural errors. Learn about ...

August 10, 2024 84 Views 0 comment Print

Insolvency and Bankruptcy Code, 2016- Boon and Curse

Corporate Law : Explore the pros and cons of the Insolvency and Bankruptcy Code, 2016. Understand its impact on insolvency proceedings in India....

July 29, 2024 138 Views 0 comment Print

IBBI Circular on Filing Forms for Monitoring Voluntary Liquidation Processes

CA, CS, CMA : Discover IBBI Circular No. IBBI/LIQ/74/2024 dated 28-06-2024 on voluntary liquidation processes under the Insolvency and Bankruptc...

June 30, 2024 330 Views 0 comment Print


Latest News


Latest Case Law Related to IBC – April to June 2023

Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...

August 14, 2024 285 Views 0 comment Print

Guidelines for Committee of Creditors by IBBI

Corporate Law : New guidelines for the Committee of Creditors by IBBI focus on enhancing decision-making, transparency, and efficiency in insolven...

August 6, 2024 249 Views 0 comment Print

IBBI Issues Guidelines for Insolvency Professionals 2024

Corporate Law : Learn about the new guidelines by IBBI for Insolvency Professionals acting as IRPs, Liquidators, RPs, and BTs. Details on eligibil...

July 5, 2024 216 Views 0 comment Print

IBBI Format for progress report during Liquidation process

Corporate Law : IBBI updates the progress report format for liquidation processes, seeking comments by July 12, 2024. Learn about the new requirem...

June 22, 2024 423 Views 0 comment Print

IBBI Discussion Paper: Proposed Amendments to CIRP Regulations

Corporate Law : IBBI invites comments on proposed amendments to CIRP regulations, focusing on valuation processes, MSME treatment, voting protocol...

June 19, 2024 336 Views 0 comment Print


Latest Judiciary


Application u/s. 95 of I&B Code dismissed as demand notice not served on correct address: NCLT Amravati

Corporate Law : NCLT Amravati held that application filed by SBI (creditor) u/s. 95 of the Insolvency and Bankruptcy Code, 2016 for initiation of ...

August 16, 2024 57 Views 0 comment Print

Reassessment action u/s. 148 post approval of resolution plan unsustainable: Delhi HC

Income Tax : Delhi High Court held that reassessment action under section 148 of the Income Tax Act post approval of the resolution plan unsust...

August 15, 2024 522 Views 0 comment Print

IPE can be appointed as IP to carry out duties & functions under IBC: NCLT Mumbai

Corporate Law : NCLT Mumbai rules in favor of Piramal Capital, allowing Insolvency Professional Entities to be appointed as Resolution Professiona...

August 14, 2024 96 Views 0 comment Print

Corporate Debtor not liable for offences prior to commencement of CIRP: NCLT Mumbai

Corporate Law : NCLT Mumbai held that as per section 32A of the Insolvency Bankruptcy Code, 2016, the Corporate Debtor shall not be held liable fo...

August 8, 2024 111 Views 0 comment Print

Electricity supply during CIRP essential hence RP can take coercive step to collect amount for its payment: NCLAT Delhi

Corporate Law : NCLAT Delhi held that electricity supply by NPCL, being in nature of supply of essential goods, was necessary to be continued duri...

July 30, 2024 108 Views 0 comment Print


Latest Notifications


IBBI (Inspection and Investigation) (Amendment) Regulations, 2024

Corporate Law : IBBI amends Inspection and Investigation Regulations, extending the response period to show-cause notices to 60 days from the due ...

August 17, 2024 9 Views 0 comment Print

IBBI (Information Utilities) (Amendment) Regulations, 2024

Corporate Law : IBBI updates Information Utilities Regulations with new timelines and verification procedures starting October 2024, improving def...

August 17, 2024 9 Views 0 comment Print

Mere Association with Promoter Doesn’t Automatically Disqualify Resolution Applicant: IBBI

Corporate Law : IBBI's ruled that mere association with a promoter does not automatically disqualify a Resolution Applicant under Section 29A unle...

August 15, 2024 69 Views 0 comment Print

IBBI DC Disposes of SCN Against IP, Advises Re-examination Post SC Decision

Corporate Law : The IBBI Disciplinary Committee disposes of SCN against Insolvency Professional Brijendra Kumar Mishra, advising re-examination af...

August 14, 2024 81 Views 0 comment Print

IBBI suspends IP for negligence and failure in handling claims under CIRP

Corporate Law : IBBI disciplinary order finds Mr. Vijendra Kumar Jain guilty of negligence and failure in handling claims under CIRP, with implica...

August 12, 2024 69 Views 0 comment Print


Financial creditors can initiate CIRP after recovery certificate

November 1, 2023 657 Views 0 comment Print

Supreme Court held that the recovery certificate itself would give rise to a fresh cause of action entitling a financial creditor to initiate Corporate Insolvency Resolution Process (CIRP).

Gujarat VAT dues ranks equally with secured creditors under IBC 2016: SC

November 1, 2023 588 Views 0 comment Print

An analysis of whether sales tax dues under Gujarat VAT Act 2003 rank equally with other secured debts in Section 53 of IBC 2016. Review of recent judgments.

Tax Claims Extinguish Upon NCLT Approval of Resolution Plan: CESTAT

November 1, 2023 309 Views 0 comment Print

CESTAT Hyderabad rules that government tax claims are extinguished upon NCLT’s approval of a resolution plan, settling all disputes.

Distinction by resolution professional between homebuyers seeking remedies is artificial and hence unsustainable

October 31, 2023 474 Views 0 comment Print

Supreme Court held that distinction made by resolution professional with regard to class of home buyers who seeks remedies under RERA is artificial and amount to ‘hyper-classification’ and hence falls afoul of Article 14. Accordingly, such classification is unsustainable.

Insolvency Professional Cautioned for negligent Handling of Doubtful Assets

October 31, 2023 486 Views 0 comment Print

Insolvency and Bankruptcy Board of India (IBBI) has cautioned Mr. Ramit Rastogi, an Insolvency Professional, for negligent handling of doubtful assets in a corporate insolvency case

Cross-Border Insolvency: Challenges, Laws and Solutions

October 31, 2023 438 Views 0 comment Print

Discover complexities of cross-border insolvency, legal framework, and global solutions. Explore impact on Indian law and international cooperation.

Latest Case Law Related to IBC – July to September 2023

October 31, 2023 771 Views 0 comment Print

Explore significant developments in Indian insolvency law with key cases from July to September 2023. Dive into legal analysis, verdicts, and insights.

Order rejecting GST refund for non-receipt of lease rental passed without considering contention remanded back

October 30, 2023 516 Views 0 comment Print

Delhi High Court concluded that Appellate Authority failed to consider the contention of the petitioner that there was no supply of service via-a-vis refund of GST. Accordingly, matter remanded to Appellate Authority.

Shri Sandip Garg Joins IBBI as Whole Time Member

October 27, 2023 507 Views 0 comment Print

Shri Sandip Garg assumes the role of Whole Time Member at IBBI. Learn about his diverse background and contributions to the insolvency and bankruptcy sector.

GSTN enables New Registration functionality for IRPs

October 26, 2023 873 Views 0 comment Print

GSTN facilitates new registration for corporate debtors under IBC, benefiting companies in insolvency resolution. Procedure and details included.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031