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Going-Concern Sale in Liquidation: Success Stories, Failures & NCLAT Guidance (2023–25)

Corporate Law :  Explains how recent tribunal decisions shaped the rules for selling corporate debtors as going concerns, highlighting compliance...

November 19, 2025 750 Views 0 comment Print

Tripartite Agreement Trap: Home Loans to Buyers are Not Financial Debt of Developer: NCLAT

Corporate Law : The Tripartite Agreement Trap: When Banks Lose Financial Creditor Status in Real Estate Insolvency This case memo discussed the ru...

November 18, 2025 4899 Views 0 comment Print

Section 14 Limitation Cannot Exclude Pending DRT Proceedings: NCLAT

Corporate Law : NCLAT holds that time spent in pending Debt Recovery Tribunal proceedings cannot be excluded under Section 14 of the Limitation Ac...

October 13, 2025 855 Views 0 comment Print

RTI Findings on NCLT/NCLAT Functioning, Vacancies & Transparency

Corporate Law : RTI inquiry into NCLT/NCLAT reveals member vacancies, lack of consolidated case data, and opaque appointments, highlighting need f...

September 27, 2025 3210 Views 0 comment Print

Provident Fund Dues Are Not Assets of A Corporate Debtor: NCLAT Delhi

Corporate Law : The NCLAT ruled that provident fund dues are not corporate debtor assets and must be paid in full during CIRP, prioritizing them o...

August 4, 2025 798 Views 0 comment Print


Latest News


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 153 Views 0 comment Print

Appeals From NCLT To NCLAT And Supreme Court

Corporate Law : From 2022-23 to 2024-25, appeals filed at NCLAT rose steadily, with IBC cases forming the majority, reflecting active engagement i...

December 15, 2025 942 Views 0 comment Print

Important Case Laws related to IBC 2016 – July – September 2025

Corporate Law : Supreme Court ruled that CoC and RP can surrender financially burdensome assets voluntarily, clarifying moratorium under section 1...

November 20, 2025 5232 Views 0 comment Print

Important Rulings on IBC – January to March 2025

Corporate Law : SC clarifies limits of High Court's writ powers in IBC cases and recognises Indian CIRP as foreign main proceeding in cross-border...

May 21, 2025 1884 Views 0 comment Print

From 2022 to 2024 NCLT Resolved 27,157 Cases, NCLAT adjudicated 7,151

Corporate Law : NCLT & NCLAT eligibility criteria, insolvency rules, and case statistics from 2022-2024. Updates on financial irregularities and r...

March 16, 2025 765 Views 0 comment Print


Latest Judiciary


Subsidiary Company Assets Cannot Form Part of Parent Company Insolvency: NCLAT Delhi

Corporate Law : NCLAT held that foreign oil and gas assets owned through Videocon subsidiaries could not be included in the CIRP of Videocon Indus...

May 22, 2026 96 Views 0 comment Print

NCLAT Upholds Section 9 Admission as Separate Supply Obligations Created Operational Debt

Corporate Law : NCLAT held that a joint venture arrangement did not prevent insolvency proceedings where separate agreements clearly imposed suppl...

May 22, 2026 126 Views 0 comment Print

Resolution applicant could not alter Financial Proposal through Last-Minute addendum after challenge process

Company Law : A resolution applicant could not unilaterally alter its financial proposal through a last minute addendum after completion of the ...

May 21, 2026 105 Views 0 comment Print

NCLAT Upholds CIRP Admission as Conditional Payment Email Acknowledged Operational Debt

Corporate Law : NCLAT held that the Corporate Debtor’s email offering payment subject to acceptance of a consequence sheet amounted to acknowled...

May 20, 2026 141 Views 0 comment Print

NCLAT Upholds Rejection of Resolution Plan as CIRP Was Not Conducted Transparently

Company Law : The Appellate Tribunal upheld findings that the arrangement allowing the Successful Resolution Applicant to receive 50% of PUFE re...

May 9, 2026 186 Views 0 comment Print


Latest Notifications


Related Party Transaction Allegation: IBBI Directs IP to Submit NCLAT Order

Corporate Law : IBBI orders disciplinary action against Mr. S Vasudevan for alleged violations in the insolvency process of Mega Foods Products Ma...

August 9, 2024 915 Views 0 comment Print

IBBI Suspends IP for Non-Compliance with NCLAT Directive and Delayed CoC Meetings during CIRP

Corporate Law : IBBI suspends IP for Failure to act during CIRP despite NCLAT directive and for Delay in convening Committee of Creditors (CoC) me...

June 6, 2024 777 Views 0 comment Print

IBBI suspends IRP for sharing asset memorandum with prospective bidders

Corporate Law : Read about the IBBI's disciplinary action against Mr. Venkata Sivakumar, an Interim Resolution Professional, for sharing asset mem...

April 9, 2024 927 Views 0 comment Print

NCLAT Job Vacancies for Judicial & Technical Members: Application Guide

Corporate Law : Govt issued a circular detailing vacancies for Judicial & Technical Members posts in NCLAT with detailed guide to apply for these...

June 6, 2023 1296 Views 0 comment Print

Reporting to CICs – Report Cases admitted with NCLT/NCLAT under IBC 2016 – RBI

Fema / RBI : It is clarified that cases admitted with National Company Law Tribunal (NCLT)/National Company Law Appellate Tribunal (NCLAT) unde...

December 13, 2022 1086 Views 0 comment Print


Adjudicating Authority cannot review judgment on merits: NCLAT Delhi

April 21, 2024 615 Views 0 comment Print

NCLAT Delhi ruling on Adisri Commercial Pvt. Ltd. Vs RBI & Ors. : Recall applications filed by Appellant are nothing but application to review judgment on merits which power is not vested with Adjudicating Authority.

Notice inviting comments, by MCA, on review of rules prescribed under IBC 2016

April 19, 2024 1044 Views 0 comment Print

Join the discussion on MCA’s proposed changes to Insolvency and Bankruptcy Code rules. Learn how to participate and share your insights!

SC refuses to entertain Appeal against NCLAT order remanding Appeal to NCLT

April 18, 2024 756 Views 0 comment Print

Supreme Court refuses to entertain appeal challenging NCLAT’s remand of NCLT order on Resolution Plan approval. Get insights on the case between Bank of Baroda and Suchi Paper Mills.

Resolution Applicant Can’t Withdraw or Modify Plan After Creditor Committee Approval: SC

April 14, 2024 1398 Views 0 comment Print

Detailed analysis of Deccan Value Investors L.P. & Anr vs. Dinkar Venkatasubramanian & Anr case. Supreme Court prohibits withdrawal or modification of resolution plans after Committee of Creditors’ approval.

New applicants barred from participating in CIRP without fresh Form G issuance: NCLAT

April 10, 2024 1089 Views 0 comment Print

NCLAT decision bars new applicants from participating in CIRP without fresh Form G issuance, impacting Mamta Binani case. Full judgment analysis here.

IBBI suspends IRP for sharing asset memorandum with prospective bidders

April 9, 2024 927 Views 0 comment Print

Read about the IBBI’s disciplinary action against Mr. Venkata Sivakumar, an Interim Resolution Professional, for sharing asset memorandum with prospective bidders.

Once a resolution plan is approved, Substitution of same is not permissible

April 9, 2024 702 Views 0 comment Print

NCLAT Delhi rejects SRA’s plea for substitution in resolution plan after CoC and NCLT approval. Analysis of UV Asset Reconstruction Company Ltd. & Anr. vs Aircel Ltd. case.

Allottees’ Rights must be Preserved in CIRP, RP best Suited to determine Business Operations: NCLAT

April 3, 2024 663 Views 0 comment Print

NCLAT held that rights of allottees are safeguarded in CIRP, with RP empowered to make decisions regarding business operations. Details of the judgment provided.

MoU & Ledger Extract Insufficient for admitting Financial Debt: NCLAT

April 3, 2024 1092 Views 0 comment Print

In a case between D S Kulkarni & Associates and Manoj Kumar Aggarwal, NCLAT Delhi ruled that mere MoU & Ledger Extract are inadequate to claim financial debt, rejecting the appeal.

Single Real Estate Allottee cannot Trigger Insolvency without Meeting Threshold Limit

March 31, 2024 1281 Views 0 comment Print

Read a detailed analysis of the NCLT judgment in Tek Chand Narula vs Vatika Ltd. Understand the dispute over assured returns and the implications of the BUDS Act.

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