Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

January 4, 2024

Serving as a Resolution Professional in a Specific Area Doesn’t Dictate Territorial Jurisdiction

Case Details: Ananda Rao Korada … Continue reading “Serving as a Resolution Professional in a Specific Area Doesn’t Dictate Territorial Jurisdiction”

Blog, Insolvency and Bankruptcy Code

December 26, 2023

Overview of Personal Guarantors Provisions under IBC

Table of Contents Framework For … Continue reading “Overview of Personal Guarantors Provisions under IBC”

Blog, News, Insolvency and Bankruptcy Code

December 23, 2023

IPs Proposed to Be Appointed as RP Shall Also Provide Particulars of & Declaration Under IRP PGCD Rules | IBBI

Circular No. No. IBBI/II/62/2023, Dated … Continue reading “IPs Proposed to Be Appointed as RP Shall Also Provide Particulars of & Declaration Under IRP PGCD Rules | IBBI”

News, Blog, Insolvency and Bankruptcy Code

December 21, 2023

NCLAT Affirmed NCLT’s Decision Stating the Appellant’s Delayed Claim Couldn’t Survive After the Resolution Plan Approval

Case Details: Employees Provident Fund … Continue reading “NCLAT Affirmed NCLT’s Decision Stating the Appellant’s Delayed Claim Couldn’t Survive After the Resolution Plan Approval”

Blog, News, Insolvency and Bankruptcy Code

December 20, 2023

Dispute Over Interest Rates Does Not Fall Under the Ambit of Initiation of CIRP | SC

Case Details: Vinay Yadav v. … Continue reading “Dispute Over Interest Rates Does Not Fall Under the Ambit of Initiation of CIRP | SC”

News, Blog, Insolvency and Bankruptcy Code

December 15, 2023

Possession by Receiver’s Agent Acting as a Custodian Doesn’t Qualify as “Possession” as Defined in Sec. 14 of the IBC

Case Details: Urshila Ajit Kerkar … Continue reading “Possession by Receiver’s Agent Acting as a Custodian Doesn’t Qualify as “Possession” as Defined in Sec. 14 of the IBC”

Blog, News, Insolvency and Bankruptcy Code

December 15, 2023

AA Rightly Admitted CIRP Plea on Basis of CD’s Balance Sheet Showing Loan Facility Availed from Financial Creditor | SC

Case Details: Vipin Sharma v. … Continue reading “AA Rightly Admitted CIRP Plea on Basis of CD’s Balance Sheet Showing Loan Facility Availed from Financial Creditor | SC”

Blog, News, Insolvency and Bankruptcy Code

December 13, 2023

IBBI Notifies Guidelines Providing Procedures for Preparing Panel of IPs to Act as IRPs, Liquidators and RPs

Guidelines dated 08.12.2023 The IBBI … Continue reading “IBBI Notifies Guidelines Providing Procedures for Preparing Panel of IPs to Act as IRPs, Liquidators and RPs”

Blog, News, Insolvency and Bankruptcy Code

December 11, 2023

Sec. 29A(1)(c) Sets 1-Year Post-NPA for Resolution Plan Scrutiny Based on Submission, Not CIRP Start Date | SC

Case Details: Hari Babu Thota, … Continue reading “Sec. 29A(1)(c) Sets 1-Year Post-NPA for Resolution Plan Scrutiny Based on Submission, Not CIRP Start Date | SC”

Blog, News, Insolvency and Bankruptcy Code

December 1, 2023

Simultaneous Winding-up Petitions Can’t Proceed in 2 Forums Transfer to NCLT is Justified as IBC, Aims to Encourage Company Revival | HC

Case Details: Uma Sharma v. … Continue reading “Simultaneous Winding-up Petitions Can’t Proceed in 2 Forums Transfer to NCLT is Justified as IBC, Aims to Encourage Company Revival | HC”