Corporate Law : The Supreme Court held that liabilities arising from corporate guarantees qualify as financial debt under Section 5(8) of the Inso...
Corporate Law : The Supreme Court ruled that a shortfall payment clause in a Deed of Hypothecation can qualify as a contract of guarantee under th...
Corporate Law : The article examines how conflicting Supreme Court judgments in Rainbow Papers and Raman Ispat created uncertainty regarding the s...
Corporate Law : The IBC (Amendment) Act, 2026 introduces CIIRP as a faster and proactive insolvency mechanism for early-stage financial stress. Th...
Corporate Law : Explains how the Court held that insolvency proceedings cannot be used as a pressure tactic for debt recovery. Even if default is ...
Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...
Corporate Law : 2026 Guidelines streamline selection of Insolvency Professionals for IRP, RP, Liquidator, and Bankruptcy Trustee roles, ensuring t...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...
Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...
Corporate Law : NCLT Indore held that dissolution under Section 54 of the IBC was justified after all assets of the corporate debtor were liquidat...
Corporate Law : NCLT Mumbai held that ongoing One-Time Settlement discussions cannot defeat insolvency proceedings when debt and default are admit...
Corporate Law : NCLAT held that foreign oil and gas assets owned through Videocon subsidiaries could not be included in the CIRP of Videocon Indus...
Corporate Law : Tribunal noted that the CIRP period, including all extensions, had reached 741 days and expired on 20 November 2025. Since no plan...
Corporate Law : The NCLT Mumbai held that liquidation became mandatory under Section 33(2) of the IBC after the Committee of Creditors rejected al...
Corporate Law : The amendment bars related parties, recent auditors, and connected persons from acting as registered valuers in pre-pack insolvenc...
Corporate Law : The IBBI amended the Liquidation Process Regulations, 2016 to allow appointment of one registered valuer for each asset class in M...
Corporate Law : The IBBI amended the CIRP Regulations, 2016 to permit appointment of one set of registered valuers for MSME corporate debtors. The...
Corporate Law : The IBBI Amendment Regulations, 2026 introduce nominee directors on IPA governing boards and strengthen oversight mechanisms. The ...
Corporate Law : The order highlights that delayed applications, late progress reports, and non-compliance with filing requirements amounted to ser...
Supreme Court ruling on employee wages during CIRP: Only those who worked are eligible for CIRP costs. Provident, gratuity, and pension funds are excluded from liquidation estate.
NCLAT rules that a written financial contract is not essential to prove debt existence under IBC. Oral agreements, supported by financial records, can establish debt and default for CIRP initiation.
Overview of insolvency resolution for non-corporate MSMEs, detailing current IBC provisions, the Pre-packaged Insolvency Resolution Process (PPIRP) for corporate MSMEs, and international approaches to address non-corporate insolvencies.
The Satish Chander Verma case marks a shift in real estate insolvency, supporting mutual settlements and influencing IBBI’s 2025 regulatory amendments.
NCLAT Delhi held that limitation period u/s. 61(2) of the Insolvency and Bankruptcy Code commences from date of order and not dependent on knowledge of order to ED. Further, once prescribed and condonable periods expires, NCLAT has no jurisdiction to entertain appeal.
NCLAT Delhi held that no new claims including statutory dues can be allowed post approval of resolution plan. Accordingly, the belated claim of GST department rightly dismissed by the adjudicating authority.
NCLAT Delhi held that claim as a financial creditor of the Corporate Debtor filed after delay of 388 days cannot be entertained post-approval of the Resolution Plan by the CoC with 90.66% majority. Accordingly, appeal dismissed.
IBBI suspends IP Amit Agrawal for 3 months over failure to fully disclose newly discovered assets in a corporate insolvency process, impacting bidder fairness
Explore crucial role of Resolution Professionals (RPs) in Insolvency and Bankruptcy Code (IBC), ensuring fair and effective corporate insolvency resolutions. Learn about their responsibilities, challenges, and strategies for successful outcomes.
Introduction Real estate insolvency under the Insolvency and Bankruptcy Code (IBC), 2016 has long been marred by procedural deadlocks, funding challenges, and emotional stakeholder dynamics—especially concerning homebuyers. Recognizing these hurdles, the Insolvency and Bankruptcy Board of India (IBBI) introduced significant regulatory amendments effective from 3rd February 2025. These amendments directly empower the Resolution Professional (RP) […]