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IBC 2016

Latest Articles


Stages of CIRP: From Initiation to Resolution or Liquidation

Corporate Law : Understand Corporate Insolvency Resolution Process (CIRP) in India, from initiation and moratorium to resolution plan approval and...

February 16, 2025 696 Views 0 comment Print

Income Tax Implications under Insolvency & Bankruptcy Code, 2016

Corporate Law : Pursuant to approval of Resolution Plan by the Adjudicating Authority under Insolvency & Bankruptcy Code, 2016, has presuppose wai...

January 14, 2025 612 Views 0 comment Print

Latest Case Law Related to IBC – July to September 2024

Corporate Law : Insights into recent Supreme Court and High Court judgments on IBC cases, covering corporate guarantees, auction timelines, liquid...

November 12, 2024 1689 Views 1 comment Print

Insolvency Withdrawals: Balance of Creditor Rights & Adjudicating Authority

Corporate Law : Explore the legal complexities of CIRP withdrawals and the protection of creditor rights under the Insolvency and Bankruptcy Code ...

October 29, 2024 552 Views 0 comment Print

Juggling Speed and Competition: The Case Against Green Channel Approvals in Corporate Insolvency Resolution

Corporate Law : Explore the issues surrounding green channel approvals in India's Corporate Insolvency Resolution Process and alternative solution...

October 24, 2024 222 Views 0 comment Print


Latest News


RTI Appeals Against IBBI Dismissed Over Repetitive Filings

Corporate Law : IBBI dismisses multiple RTI appeals citing misuse of the RTI Act through repetitive filings. The order emphasizes responsible use ...

March 7, 2025 102 Views 0 comment Print

Investigation Status Inquiries Are Beyond RTI Act Scope: IBBI

Corporate Law : RTI Act permits access only to information held by a public authority and does not require the creation or interpretation of infor...

February 21, 2025 117 Views 0 comment Print

Latest Case Law Related to IBC 2016: October to December 2024

Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...

February 13, 2025 468 Views 0 comment Print

Status of Barshi Textile Mills & IBC Provisions

Corporate Law : The Government clarified that no cooperative sector companies in Maharashtra are declared corrupt under IBC, 2016, and Barshi Text...

February 12, 2025 81 Views 0 comment Print

MSME Ministry Information held in fiduciary capacity not disclosable under RTI: IBBI

Corporate Law : IBBI denies RTI appeal citing fiduciary exemption under Section 8(1)(e). The requested MSME-related information was withheld. Appe...

February 12, 2025 81 Views 0 comment Print


Latest Judiciary


AO can determine tax liabilities even during insolvency proceedings: ITAT Mumbai

Income Tax : ITAT Mumbai restores MITC Metals case for fresh adjudication, ruling that assessment order was not void ab-initio despite ongoing ...

March 8, 2025 75 Views 0 comment Print

Lone Homebuyer Cannot Challenge Resolution Plan Approval: NCLAT Delhi

Corporate Law : NCLAT Delhi ruled that a single homebuyer cannot challenge a resolution plan approved by the CoC. The decision follows Supreme Cou...

March 8, 2025 63 Views 0 comment Print

IBC would prevail over Electricity Act: NCLAT Delhi

Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...

March 7, 2025 156 Views 0 comment Print

Calcutta HC Dismisses Income Tax Appeal Due to Insolvency Moratorium

Income Tax : Calcutta HC dismisses IT appeal against Subhlabh Steels due to ongoing insolvency under IBC, citing SC ruling in Monnet Ispat. Rea...

March 6, 2025 213 Views 0 comment Print

Tax appeals stand abated upon NCLT approval of a resolution plan under IBC

Service Tax : CESTAT Chennai ruled on Orchid Chemicals' appeal, citing insolvency resolution precedents. The appeal was abated following NCLT ap...

March 5, 2025 213 Views 0 comment Print


Latest Notifications


RTI Act Grants Access to Records, Not Obligations to Compile Non-Existent Information

Corporate Law : IBBI rejects RTI appeal seeking detailed breakup of Dalmia Cement claims in Jaiprakash insolvency case, citing unavailability of d...

March 7, 2025 168 Views 0 comment Print

Clarifications on Valuer Registration & employment grievance  Beyond RTI Scope

Corporate Law : IBBI rejects RTI appeal seeking clarifications on valuer registration, stating that opinions and justifications do not fall under ...

March 7, 2025 96 Views 0 comment Print

Ongoing Fraud Investigation in Asset Sale: IBBI Directs RP to Report Results

Corporate Law : IBBI disposes of SCN against IP in CIRP case, addresses claims dispute, and ongoing RoC investigation. Details of findings and DC'...

March 6, 2025 219 Views 0 comment Print

IBBI Suspends IP for delays & procedural lapses in liquidation process

Corporate Law : The IBBI Disciplinary Committee has suspended Ms. Sonu Jain for one year due to delays and procedural lapses in the liquidation pr...

March 6, 2025 111 Views 0 comment Print

IBBI Suspends Valuer’s Registration for flawed Valuation Report in CIRP & Liquidation

Corporate Law : IBBI suspends valuer for six months for non-transparent valuation in CIRP and liquidation of Base Corporation Ltd., citing violati...

March 5, 2025 231 Views 0 comment Print


IBC and Its Impact on Indian Economy

July 20, 2023 5355 Views 0 comment Print

IBC is the second most crucial reform in the legal setting of India. It is because IBC is not only making India emphatically powerful in the field of the legal environment but also provides a new identification and recognition at the global platform economically.

IBC: Developing A Market for Distressed Assets

July 20, 2023 786 Views 0 comment Print

A comprehensive exploration of India’s distressed asset markets, highlighting the crucial role of the Insolvency and Bankruptcy Code (IBC) in transforming distressed assets into investment opportunities in the rapidly evolving Indian economy.

IBBI Warning to Insolvency Professional: Be Careful & Diligent in Duties under IBC

July 20, 2023 432 Views 0 comment Print

Read the disciplinary order issued by the Insolvency and Bankruptcy Board of India (IBBI) warning Mr. Sanjay Kumar Singh, an Insolvency Professional, to be diligent in his duties. Learn about the alleged contraventions and the findings of the disciplinary committee

IBBI (Insolvency Professionals) (Amendment) Regulations, 2023

July 20, 2023 699 Views 0 comment Print

Read about the Insolvency and Bankruptcy Board of India’s (IBBI) amendment regulations for insolvency professionals in 2023.

IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2023

July 20, 2023 978 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) has introduced the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2023. The IBBI’s amendment regulations, it introduces a new explanation to clarify regulatory fee exemption for approved resolution plans involving real estate projects handled by associations or groups of allottees. […]

Supreme Court: IBC Prioritizes Secured Creditors Over Electricity Dues

July 20, 2023 1914 Views 0 comment Print

In a recent Supreme Court ruling, IBC has been found to give higher priority to dues owed to secured creditors than to electricity dues. This analysis examines the court’s interpretation of IBC and its implications for creditors and power sector.

Recommendation for appointment of liquidator other than IRP/RP

July 18, 2023 4986 Views 0 comment Print

Insolvency and Bankruptcy Board of India’s latest recommendation about appointing liquidators other than RP/IRP under Section 34(4)(h) of the IBC, 2016.

Brief Overview of Fast Track Corporate Insolvency Resolution Process under IBC, 2016

July 13, 2023 9588 Views 0 comment Print

Chapter IV of IBC (Section 55 to Section 58) provides for application for Fast Track process along with all proof of existence of default as evidenced by records available with an information utility specified by IBBI

IBBI Cancels Registration of Insolvency Professional for Violation of IBC

July 13, 2023 702 Views 0 comment Print

Reviewing the disciplinary order by IBBI, which led to the cancellation of registration of Mr. Ananda Rao Korada, an Insolvency Professional, for his violations of the Insolvency and Bankruptcy Code, 2016.

Employees Provident Fund & Apex Court’s Landmark Decision

July 13, 2023 6153 Views 0 comment Print

Gain insights into the intriguing legal enigma surrounding the treatment of Employees’ Provident Fund (EPF) and the pathbreaking decision by the Apex Court. Understand the implications of the Insolvency and Bankruptcy Code, harmonization with other acts, and the protection of employees’ rights. Expert analysis sheds light on this complex issue.

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