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Inherent power of NCLT to recall an order to secure the ends of justice

Corporate Law : Supreme Court landmark judgment in Greater Noida Industrial Development Authority vs. Prabhjit Singh Soni clarifies creditor right...

May 30, 2024 318 Views 0 comment Print

Latest Case Law Related to IBC – January-Mar, 2024

Corporate Law : Explore recent Supreme Court rulings on dissenting creditor rights and set-off claims in insolvency cases. Detailed analysis of ke...

May 16, 2024 429 Views 0 comment Print

Bank Account Freeze due to Company Strike Off – How to get lifted?

Company Law : Discover how to lift a bank account freeze due to company strike off. Learn the steps under Companies Act, 2013, to restore your b...

April 4, 2024 1941 Views 1 comment Print

Latest Case Law Related to IBC – October to December 2023

Corporate Law : Explore significant legal developments, Supreme Court verdicts, and detailed analyses in the Q4 2023 newsletter. Stay informed on ...

February 19, 2024 1311 Views 0 comment Print

Fate of Employees, When Employers Faces IBC Proceedings : A Legal Analysis

Corporate Law : Explore the vital role of the Insolvency and Bankruptcy Code (IBC) in protecting employee rights during corporate insolvency, high...

February 11, 2024 1509 Views 0 comment Print


Latest News


Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

Corporate Law : Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and stream...

June 12, 2024 210 Views 0 comment Print

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

Corporate Law : Join the discussion on MCA's proposed changes to Insolvency and Bankruptcy Code rules. Learn how to participate and share your ins...

April 19, 2024 642 Views 0 comment Print

LLP Act Amendments, Integrated IT Portal, NCLT Framework Strengthening by MCA

Corporate Law : Explore the impact of the LLP (Amendment) Act, 2021 on Ease of Doing Business, startup encouragement, and the introduction of Smal...

January 31, 2024 399 Views 0 comment Print

CBI Arrests An IRP of NCLT In A Bribery Case

Corporate Law : Central Bureau of Investigation has arrested an Interim Resolution Professional (IRP), National Law Tribunal (NCLT), Mumbai and tw...

May 6, 2022 945 Views 0 comment Print

Decriminalization of offences under Companies Act, 2013

Company Law : Over the years, for violations under the Companies Act, 2013 the government had been filing criminal cases as per the provisions o...

October 6, 2021 7119 Views 0 comment Print


Latest Judiciary


NCLT’s rejects CIRP application due to lack of debt proof and default evidence

Corporate Law : Read about NCLT's rejection of Mittal Polymers' CIRP application against Suvarna Additives Pvt Ltd due to lack of debt proof and d...

June 24, 2024 66 Views 0 comment Print

 NCLT admits Resolution Plan for Harvest Hotels

Corporate Law : Read the detailed NCLT Delhi judgment on the case between Asset Reconstruction Company and Harvest Hotels & Services Apartments Pv...

June 24, 2024 249 Views 0 comment Print

Settlement Agreement Breach Not Grounds for CIRP under I&B Code

Corporate Law : NCLT Kolkata ruled that breaches in settlement agreements do not qualify as operational debt under Section 5(21) of IBC. Full anal...

June 24, 2024 66 Views 0 comment Print

Indemnity obligations under a guarantee do not constitute operational debt: NCLT

Corporate Law : NCLT Chandigarh rules indemnity obligation under guarantee is not an operational debt in the case of Agarwal Foundries vs. POSCO E...

June 24, 2024 90 Views 0 comment Print

NCLT Halts Byju’s Second Rights Issue Amid Mismanagement Allegations

Corporate Law : Explore the legal case MIH Edtech Investments B.V. & Ors. vs. Think & Learn Pvt. Ltd. & Ors. in NCLT Bengaluru under Companies Act...

June 24, 2024 99 Views 0 comment Print


Latest Notifications


IBBI Disciplinary Committee disposes Chetan Patel Case

Corporate Law : Read about the case involving Chetan Patel, an Insolvency Professional, with detailed analysis of alleged contraventions and submi...

April 3, 2024 267 Views 0 comment Print

IBBI Suspends Insolvency Professional for Auction Irregularities

Corporate Law : IBBI Disciplinary Committee suspends Sanjay Singh, an Insolvency Professional, for irregularities in the e-auction process. Detail...

February 16, 2024 546 Views 0 comment Print

NCLT Chandigarh: Bench 2 Cases Transferred to Bench 1

Company Law : Explore the order dated 03.02.2024 from NCLT Chandigarh transferring all pending cases from Bench 2 to Bench 1. Detailed analysis ...

February 3, 2024 336 Views 0 comment Print

Govt invites applications for the post of Judicial & Technical Members in NCLT

Corporate Law : Filling up of 05 (Five) posts of Judicial Member and 05 (Five) posts of Technical Members in the National Company Law Tribunal (NC...

June 6, 2023 1452 Views 0 comment Print

New Appointments in the National Company Law Tribunal

Corporate Law : The Ministry of Corporate Affairs announces the appointment of new Judicial and Technical Members in the National Company Law Trib...

May 25, 2023 5484 Views 0 comment Print


Moratorium excludes government-notified transactions of essential goods/services & surety in a contract of guarantee

June 21, 2024 102 Views 0 comment Print

Read the full text of NCLT Delhi’s judgment in Manish Aneja & Ors. Vs Revital Reality Private Limited under Insolvency and Bankruptcy Code, 2016, Section 7. Financial creditors seek CIRP for default on Rs. 31.22 Cr debt.

NCLT/NCLAT is Not the Proper Forum for Individual Share Transfer Disputes: HC

June 21, 2024 399 Views 0 comment Print

Explore the Telangana High Court judgment on Cherukuri Ramakrishna vs Sandhya Hotel Pvt Ltd. Detailed analysis of rejection of plaint under Companies Act provisions and arbitration clause.

NCLT directs repayment of preferential payment made to certain creditors

June 16, 2024 477 Views 0 comment Print

NCLT Mumbai ruling: Fraudulent intent is unnecessary for transactions under Section 43 of IBC, based on Ankur Kumar vs. Jitendra Kikavat & others case.

Share Allotment at Concessional Price is Oppressive to Existing Members: NCLT

June 15, 2024 351 Views 0 comment Print

Full text of the NCLT Mumbai judgment in Ajay Tajpuriya vs Goel Ganga Infrastructure case. Detailed analysis of the order concerning oppression and mismanagement.

No Hearing Mandated for RP Appointment under IBC: NCLT

June 15, 2024 144 Views 0 comment Print

Read about NCLT’s ruling on the appointment of a Resolution Professional under IBC Section 97(5) in the case of Siri Kishan Aggarwal.

Electricity dues not part of resolution plan gets extinguished upon CIRP approval

June 15, 2024 87 Views 0 comment Print

Meghalaya High Court ruling states pre-takeover electricity dues cannot be recovered from present owner under IBC. Detailed analysis of the judgment provided.

After Resolution Plan Approval, Corporates Begin Anew with Extinguished Claims

June 15, 2024 150 Views 0 comment Print

Calcutta High Court ruling emphasizes NCLT approval’s impact on corporate entity’s clean slate post-insolvency. Detailed analysis on Union of India vs. Ramswarup Lohh Udyog case.

Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

June 12, 2024 210 Views 0 comment Print

Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and streamline the insolvency process.

Role of RP is only that of facilitator between Personal Guarantor & Creditors

June 9, 2024 546 Views 0 comment Print

NCLT clarifies RP’s role is consulting PG, while debtor must prepare repayment plan. Read the detailed analysis of Indiabulls Housing Finance Ltd. Vs Subhash Chandra.

Bank Documents for Asset Reconstruction Exempt from Stamp Duty under SARFAESI Act

June 4, 2024 237 Views 0 comment Print

Legal analysis of SARFAESI Act: Exemption from stamp duty for documents favoring asset reconstruction. Case: Assets Care Vs Ankit Metal (NCLT Kolkata).

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