Insolvency and Bankruptcy Code

News, Blog, Insolvency and Bankruptcy Code

February 4, 2024

IBBI Amends Norms Relating to the Insolvency Process for Personal Guarantors; Mandates RP to Present a Repayment Plan

Notification No. IBBI/2023-24/GN/REG107 dated 31.01.2024 … Continue reading “IBBI Amends Norms Relating to the Insolvency Process for Personal Guarantors; Mandates RP to Present a Repayment Plan”

Blog, News, Insolvency and Bankruptcy Code

February 4, 2024

IBBI Permits IPs to Resign from Assignment on the Recommendation of CoC/Consultation Committee/Debtor or Creditor

Notification No. IBBI/2023-24/GN/REG 110. Dated … Continue reading “IBBI Permits IPs to Resign from Assignment on the Recommendation of CoC/Consultation Committee/Debtor or Creditor”

Blog, News, Insolvency and Bankruptcy Code

January 24, 2024

Operational Creditor’s CIRP Petition Was to Be Rejected Due to Non-Compliance With Demand Notice Rules | NCLT

Case Details: Tata International Ltd. … Continue reading “Operational Creditor’s CIRP Petition Was to Be Rejected Due to Non-Compliance With Demand Notice Rules | NCLT”

Blog, News, Insolvency and Bankruptcy Code

January 22, 2024

IBBI Shortens Cooling-off Period Between Two Consecutive Attempts in Limited Insolvency Exam & Valuation Examinations

Circular. No. IBBI/EXAM/63/2024 The IBBI … Continue reading “IBBI Shortens Cooling-off Period Between Two Consecutive Attempts in Limited Insolvency Exam & Valuation Examinations”

Blog, Insolvency and Bankruptcy Code

January 18, 2024

Guide to the Insolvency Professional Agency (IPA) in India – Role | Regulation | Responsibilities

Table of Contents Background Insolvency … Continue reading “Guide to the Insolvency Professional Agency (IPA) in India – Role | Regulation | Responsibilities”

Blog, News, Insolvency and Bankruptcy Code

January 12, 2024

[Opinion] Perplexity of Inter-se Priorities Between Secured Creditors Under IBC

Siddhant Asthana – [2024] 158 … Continue reading “[Opinion] Perplexity of Inter-se Priorities Between Secured Creditors Under IBC”

Blog, News, Insolvency and Bankruptcy Code

January 12, 2024

Moratorium Shields Personal Guarantor from Proceedings u/s 138 of NI Act Amid Individual Insolvency Case | HC

Case Details: Mukund Ajay Kumar … Continue reading “Moratorium Shields Personal Guarantor from Proceedings u/s 138 of NI Act Amid Individual Insolvency Case | HC”

Blog, News, Insolvency and Bankruptcy Code

January 11, 2024

Deadlocked Instant Bench on Issue of Forfeited Sale Consideration to Be Referred to Third Judge for Resolution

Case Details: Shri Karshni Alloys … Continue reading “Deadlocked Instant Bench on Issue of Forfeited Sale Consideration to Be Referred to Third Judge for Resolution”

Blog, News, Insolvency and Bankruptcy Code

January 10, 2024

[Opinion] RERA Decree: “NO” VIP Status Under IBC

Nipun Singhvi, Pranjul Chopra & … Continue reading “[Opinion] RERA Decree: “NO” VIP Status Under IBC”

Blog, News, Insolvency and Bankruptcy Code

January 6, 2024

Properties Auctioned Under SARFAESI Before IBC Moratorium aren’t Liquidation Assets for Insolvent Debtors | SC

Case Details: Haldiram Incorporation (P.) … Continue reading “Properties Auctioned Under SARFAESI Before IBC Moratorium aren’t Liquidation Assets for Insolvent Debtors | SC”