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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 under IBC does not shield directors/officers from liability: SC

April 18, 2024 384 Views 0 comment Print

In a case involving Ansal Crown Heights Flat Buyers Association vs. Ansal Crown Infrabuild Pvt. Ltd., the Supreme Court rules that the moratorium under Section 14 of the IBC does not prevent executing a decree against directors/officers.

IBC: Section 95 Petition not Maintainable before NCLT against Partnership Firm/Directors/Individuals

April 16, 2024 5556 Views 0 comment Print

Manyata Reallty Vs Registrar National Company Law Tribunal (Karnataka High Court) The legal landscape surrounding insolvency and bankruptcy has witnessed significant developments in recent years. One such provision is Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. This section deals with the maintainability of petitions before the National Company Law Tribunal (NCLT) against […]

NCLT Directs SRA to Match Total Value of Resolution Plan with Liquidation Value

April 9, 2024 195 Views 0 comment Print

NCLT Allahabad directs Successful Resolution Applicant (SRA) to match total value of resolution plan with liquidation value in case of Hadirah Steels Pvt. Ltd. Vs Rana Heavy Engineering Ltd.

Resolution plan set aside as applicant declared as wilful defaulter: NCLT Mumbai

April 5, 2024 312 Views 0 comment Print

NCLT Mumbai set aside the resolution plan submitted by the respondent as Resolution Professional withhold the information of Resolution Applicant, being declared as wilful defaulter prior to submission of resolution plan, from the COC.

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

April 4, 2024 1941 Views 1 comment Print

Discover how to lift a bank account freeze due to company strike off. Learn the steps under Companies Act, 2013, to restore your business operations and avoid penalties.

IBC Authority Inappropriate for Revocation of Attachment under PMLA: NCLT

April 3, 2024 216 Views 0 comment Print

NCLT Chennai rules IBC not right for ED attachment revocation in Nathella Sampath Jewelry case. Detailed analysis of jurisdictional issues.

IBBI Disciplinary Committee disposes Chetan Patel Case

April 3, 2024 267 Views 0 comment Print

Read about the case involving Chetan Patel, an Insolvency Professional, with detailed analysis of alleged contraventions and submissions, and the final order by IBBI’s Disciplinary Committee.

NCLT Orders Surplus CIRP Profits to Financial Creditors, Aligning with Resolution Plan Terms

March 21, 2024 306 Views 0 comment Print

NCLT Mumbai’s ruling clarifies allocation of profits during CIRP period, favoring financial creditors when Resolution Plan and RFRP are silent. Learn more about Kalyan Janata Sahakari Bank Ltd. Vs Arun Kapoor case.

NCLT Must Allow SRA Opportunity Before Directing CoC on Management’s Settlement Proposal: NCLAT

March 9, 2024 339 Views 0 comment Print

Read how NCLAT Delhi ruled that NCLT cannot direct Committee of Creditors without giving an opportunity to Successful Resolution Applicant (SRA) in the case of One City Infrastructure Pvt. Ltd. Vs Pratham Expofab Private Limited.

NCLAT Rules NCLT Can Decide Trademark Issues in IBC Cases

March 3, 2024 405 Views 0 comment Print

Gloster Cables claims ownership of the GLOSTER trademark in a dispute with Fort Gloster during insolvency proceedings. Learn about the arguments on jurisdiction, assignment validity, and the impact of the BIFR order.

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