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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 339 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 465 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 273 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 99 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 789 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


Section 33 application for liquidation of Grid Steel and Alloys Ltd allowed

October 13, 2025 567 Views 0 comment Print

NCLT Cuttack held that application u/s. 33 of Insolvency and Bankruptcy Code for liquidation of Grid Steel and Alloys Limited deserves to be allowed. Accordingly, liquidator of the Corporate Debtor also appointed.

Resolution plan of Shubhlaxmi Investment Advisory Pvt. Ltd. for RCF Building Products Ltd. approved

October 13, 2025 522 Views 0 comment Print

NCLT Kochi approved the resolution plan submitted by M/s. Shubhlaxmi Investment Advisory Pvt. Ltd. for RCF Building Products Limited since the same is in accordance with section 30 and 31 of the Insolvency and Bankruptcy Code.

Monetisation not permitted since building plan of project not revalidated: NCLAT

October 11, 2025 486 Views 0 comment Print

NCLAT Delhi held that monetisation by sale of units is impermissible since building plan of the project has not been revalidated. Accordingly, permission for monetisation not granted due to absence of revalidation of the map.

Resolution plan for Pifiniti Movies Pvt. Ltd. approved as requirement of section 30(2) complied

October 10, 2025 351 Views 0 comment Print

NCLT Mumbai held that resolution plan submitted by Micro Capital Pvt. Ltd. for Pifiniti Movies Pvt. Ltd. [Corporate Debtor] meeting the requirements of Section 30(2) of the Insolvency and Code and Regulations 37, 38, 38 (1A) and 39 (4) of the Regulations is approved.

Resolution plan for Thwink Big Content Pvt. Ltd. submitted by Micro Capitals Pvt. Ltd. stands approved

October 10, 2025 414 Views 0 comment Print

NCLT Mumbai held that resolution plan for M/s. Thwink Big Content Private Limited [Corporate Debtor] as submitted by M/s. Micro Capitals Private Limited meeting the requirements of Section 30(2) of the Code and Regulations 37, 38, 38 (1A) and 39 (4) of the Regulations is approved.

Section 232 of Kolkata Municipal Corporation Act makes property tax dues as first charge on property

October 9, 2025 828 Views 0 comment Print

Calcutta High Court held that section 232 of the Kolkata Municipal Corporation Act makes the property tax dues as first charge on the property hence refusal to grant mutation on account of outstanding property tax fully justified.

Dues against another Group company doesn’t permit bank to retain securities of Corporate Debtor

October 9, 2025 558 Views 0 comment Print

NCLAT Delhi held that bank doesn’t have any jurisdiction to retain the securities [i.e. fixed deposit amount] since Corporate Debtor was not part of any facility against which any amount is due. Thus, retention on ground that there were dues against another Group Company not justified.

HC allowed delay of 255 days in claim by EPFO as Provident Fund dues were excluded from liquidation estate of a company

October 9, 2025 885 Views 0 comment Print

Provident fund dues were protected by statute and same were excluded from the liquidation estate of a company under Section 36(4)(a)(iii) of the Insolvency and Bankruptcy Code, 2016, thus, could not be denied to claimants on grounds of delay as it would defeat the object of protecting employees’ social security.

Repeated non-appearance by a commercial litigant amounted to gross negligence, disentitling relief under Rule 48

October 8, 2025 438 Views 0 comment Print

Appellant thereafter filed a Restoration Application (RA), which too was dismissed for non-appearance. A second Restoration Application was then filed, along with a Delay Condonation Application, which sought to explain a delay of 160 days in filing the second RA.

RTI Appeal Dismissed as IBBI Not Required to Create New Information

October 7, 2025 432 Views 0 comment Print

Kerala High Court dismisses RTI appeal by Dhananjay Gaikwad; IBBI provided all information under its control, no new data required under RTI Act.

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