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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 1011 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 744 Views 0 comment Print

FAQs on National Company Law Tribunal + Insolvency and Bankruptcy Code

Corporate Law : Welcome to a comprehensive guide delving into the intricacies of the National Company Law Tribunal (NCLT) and the Insolvency and B...

January 28, 2024 735 Views 0 comment Print

Post-Restructuring Compliance Steps: NCLT-Approved M&A

Corporate Law : Navigate post-merger/demerger challenges! Learn NCLT-approved restructuring compliance steps, key issues in financial consolidatio...

January 18, 2024 501 Views 0 comment Print

Mastering NCLT Petitions: Tips for Faster Acceptance and Error-Free Drafting

Corporate Law : Unlock the secrets to swift NCLT petition acceptance. Learn legal and practical insights for flawless drafting. Expert tips for ef...

December 22, 2023 633 Views 0 comment Print


Latest News


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 345 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 909 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 6909 Views 0 comment Print

Representation for further extension of CFSS 2020

Company Law : Due to the various ground realties the corporates have not been able to take benefit of the scheme. Therefore in these difficult t...

January 5, 2021 24828 Views 2 comments Print

19844 cases pending before NCLT

Corporate Law : As on 31st July, 2020, total 19,844 cases were pending before National Company Law Tribunal (NCLT), including 12,438 cases under I...

September 21, 2020 636 Views 0 comment Print


Latest Notifications


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 5334 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 798 Views 0 comment Print

NCLT President, Chairperson & Members appointed

Company Law : Appointment of Chairperson in National Company Law Tribunal, Appointment of Members in National Company Law Tribunal and Appointme...

February 22, 2022 5859 Views 0 comment Print

Appointment to posts of Judicial and Technical Members in NCLT

Company Law : The Appointments Committee of the Cabinet has approved the proposal for appointment of the following persons to the posts of Judic...

September 11, 2021 1338 Views 0 comment Print

MCA extends term of Acting President, NCLT

Company Law : The term of office of Shri Bethala Shantha Vijaya Prakash Kumar, Member (Judicial), as Acting President, NCLT is further extended ...

January 1, 2021 1218 Views 0 comment Print


Latest Case Law Related to IBC – January to March 2022

May 2, 2022 21771 Views 1 comment Print

Stay updated on the latest case law related to IBC from January to March 2022. Get insights on court decisions and their implications.

Project wise CIRP of a real estate company not in purview of IBC 2016

April 25, 2022 2679 Views 0 comment Print

Claim of Resolution Professional that he will invite Expression of Interest project wise is not feasible as same is against provisions of IBC 2016.

CIRP Cannot be Initiated over undecided Claims or Unregistered Agreements

April 8, 2022 2256 Views 0 comment Print

Smarkworks Coworking Spaces Pvt. Ltd Vs Turbot HQ India Pvt. Ltd. (NCLT Cuttack) The Liquidated Damages will crystalize only after the adjudication by the competent Civil Court. This cannot be determined in the Insolvency Proceedings; undecided claim cannot be used to bring an application for insolvency. When the agreement is engrossed on unstamped paper, the […]

Liquidation of Corporate Debtor not possible on reason that liquidation value is more than the enterprise value

April 6, 2022 1560 Views 0 comment Print

In re Ramsarup Industries Limited (NCLT Kolkata) Facts- Ramsarup Industries Limited (Corporate Debtor/Corporate Applicant) had approached the Adjudicating Authority of NCLT u/s 10 of the IBC and was admitted to Corporate Insolvency Resolution Process (‘CIRP’) on 08.01.2018. The common order dated 07.04.2022 has been passed by the NCLT Bench while deciding three interim applications together […]

Notice Served to Address as per ROC Records is Valid: NCLT

March 21, 2022 1713 Views 0 comment Print

NCLT after appreciating the fact held that demand notice had to be taken to be validly served if delivered at the previous registered address prior to recording of change of address in records of the Registrar of Companies.

NCLT set aside termination of a contract that was terminated on account of non-payment of dues during CIRP period

March 4, 2022 4251 Views 0 comment Print

Oriental Bank of Commerce Vs. M/s. Yamuna Infradevelopers Private Limited (NCLT Delhi) NCLT New Delhi Bench II set aside the termination of a contract that was terminated on account of non-payment of dues during CIRP period The Hon’ble National Company Law Tribunal, New Delhi Special Bench-II vide its judgement dated 04.03.2022 in IA No. 5484/2021 […]

Latest Case Law Related to IBC – October to -December 2021

March 3, 2022 7458 Views 0 comment Print

Supreme Court M/s. Jai Balaji Industries Vs. D.K. Mohanty & Anr. [Civil Appeal No. 5899 of 2021 with 5904 of 2021] The Supreme Court (SC) observed that an operational creditor (OC) cannot use the Code for extraneous considerations or as a substitute for debt enforcement procedures; and the object of the Code is to allow […]

Classification of Creditors as Financial Creditors based on Deed of Hypothecation

March 2, 2022 5511 Views 0 comment Print

It is an admitted position that the Corporate Debtor hypothecated its assets in favour of indirect lenders under the DoH to secure the loans disbursed by them to the RCOM entities.

NCLT President, Chairperson & Members appointed

February 22, 2022 5859 Views 0 comment Print

Appointment of Chairperson in National Company Law Tribunal, Appointment of Members in National Company Law Tribunal and Appointment of President in National Company Law Tribunal Appointment of Members in National Company Law Tribunal MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22nd February, 2022 S.O. 815(E).—In exercise of the powers conferred by section 408 of […]

Corporate Person does not normally include any Financial Service Provider

February 22, 2022 2559 Views 0 comment Print

Shapoorji Pallonji Finance Private Limited Vs Rekha Singh (NCLT Jaipur) Facts- The Company Petition No. (IB)- 27/95/JPR/2021 has been filed by Shapoorji Pallonji Finance Private Limited, the Financial Creditor, under Section 95 of IBC, 2016 to initiate insolvency resolution process in the case of Shri Ajay Singh (Personal Guarantor / Applicant) under Section 60 & […]