Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

December 16, 2024

Financial Creditor’s Director Was Competent to File CIRP Plea Even If He Was a Director in a Struck Off Company | NCLT

Case Details: Airwil JKM Infrastructure … Continue reading “Financial Creditor’s Director Was Competent to File CIRP Plea Even If He Was a Director in a Struck Off Company | NCLT”

Blog, News, Insolvency and Bankruptcy Code

December 4, 2024

IBBI Issues Guidelines Detailing the Procedure to Prepare a Panel of IPs for Roles as IRPs, Liquidators, & RPs

Guidelines Dated: 02.12.2024 To address … Continue reading “IBBI Issues Guidelines Detailing the Procedure to Prepare a Panel of IPs for Roles as IRPs, Liquidators, & RPs”

Blog, News, Insolvency and Bankruptcy Code

December 3, 2024

IBBI Extends Due Date for Filing Liquidation and Voluntary Liquidation Forms Till 31.12.2024

Circular No. IBBI/LIQ/79/2024, Dated: 02.12.2024 … Continue reading “IBBI Extends Due Date for Filing Liquidation and Voluntary Liquidation Forms Till 31.12.2024”

News, Blog, Insolvency and Bankruptcy Code

November 30, 2024

HC’s Order Directing Deferment of CIRP Was to Be Set Aside as It Breaches Basic Intent of IBC Provisions | SC

Case Details: Committee of Creditors … Continue reading “HC’s Order Directing Deferment of CIRP Was to Be Set Aside as It Breaches Basic Intent of IBC Provisions | SC”

Blog, News, Insolvency and Bankruptcy Code

November 25, 2024

NCLT Admits Insolvency Plea u/s 95 Against Personal Guarantor as Debts Were Fully Recoverable as Per Guarantee Deed

Case Details: State Bank of … Continue reading “NCLT Admits Insolvency Plea u/s 95 Against Personal Guarantor as Debts Were Fully Recoverable as Per Guarantee Deed”

Blog, News, Insolvency and Bankruptcy Code

November 23, 2024

Insolvency Resolution Plea u/s 95 of IBC Can Be Initiated Against Personal Guarantor Irrespective of His Citizenship

Case Details: ZTE Corporation v. … Continue reading “Insolvency Resolution Plea u/s 95 of IBC Can Be Initiated Against Personal Guarantor Irrespective of His Citizenship”

Blog, News, Insolvency and Bankruptcy Code

November 21, 2024

IBBI Proposes Changes in Liquidation Regulations to Ensure Transparency in Compromise or Arrangement Schemes

Discussion Paper; Dated: 19.11.2024 IBBI … Continue reading “IBBI Proposes Changes in Liquidation Regulations to Ensure Transparency in Compromise or Arrangement Schemes”

Blog, News, Insolvency and Bankruptcy Code

November 21, 2024

IBBI Proposes to Strengthen the Regulatory Framework Governing Monitoring Committees Under IBC

Discussion Paper; Dated: 19.11.2024 The … Continue reading “IBBI Proposes to Strengthen the Regulatory Framework Governing Monitoring Committees Under IBC”

Blog, News, Insolvency and Bankruptcy Code

November 21, 2024

IBBI Proposes to Extend the Timeline for Filing Grievances or Complaints to 30 Days to Strengthen Redressal Mechanism

Discussion Paper; Dated: 19.11.2024 IBBI … Continue reading “IBBI Proposes to Extend the Timeline for Filing Grievances or Complaints to 30 Days to Strengthen Redressal Mechanism”

Blog, Advisory, Insolvency and Bankruptcy Code

November 13, 2024

[Analysis] IBBI’s Proposals to Streamline Real Estate Insolvency Under IBC – Key Reforms and Insights

Real estate insolvency under the … Continue reading “[Analysis] IBBI’s Proposals to Streamline Real Estate Insolvency Under IBC – Key Reforms and Insights”