Insolvency and Bankruptcy Code

Blog, Advisory, Insolvency and Bankruptcy Code

April 25, 2024

[Analysis] Rainbow Papers v. Raman Ispat | The Puzzling Paradox of Legal Priorities

Table of Contents Introduction Govt. … Continue reading “[Analysis] Rainbow Papers v. Raman Ispat | The Puzzling Paradox of Legal Priorities”

Blog, News, Insolvency and Bankruptcy Code

November 6, 2023

Written Contract Not Sole Proof for Financial Debt Under IBBI Regulations; Relevant Document Suffice | NCLAT

Case Details: Agarwal Polysacks Ltd. … Continue reading “Written Contract Not Sole Proof for Financial Debt Under IBBI Regulations; Relevant Document Suffice | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

November 4, 2023

IBBI Proposes that RPs Must Conduct Monthly Meetings of CoC to Review Work of the CIRP

IBBI’s discussion paper on amendments … Continue reading “IBBI Proposes that RPs Must Conduct Monthly Meetings of CoC to Review Work of the CIRP”

Blog, News, Insolvency and Bankruptcy Code

November 4, 2023

Real Estate Co. Gets Interim Protection From HC in Funds Diversion Case As It Cooperated With Investigation

Case Details: Sidharth Chauhan v. … Continue reading “Real Estate Co. Gets Interim Protection From HC in Funds Diversion Case As It Cooperated With Investigation”

Blog, News, Insolvency and Bankruptcy Code

November 3, 2023

IBBI Proposes to Introduce Requirement for Prospective Bidders to Deposit Earnest Money to Ensure Confidentiality

IBBI’s discussion paper on ‘Strengthening … Continue reading “IBBI Proposes to Introduce Requirement for Prospective Bidders to Deposit Earnest Money to Ensure Confidentiality”

News, Blog, Insolvency and Bankruptcy Code

October 31, 2023

AA Didn’t Error in Admitting CIRP Plea Filed u/s 7 by a Duly Authorised Person on Behalf of FC At All Points of Time | NCLAT

Case Details: Sanjeev Kumar Sharma … Continue reading “AA Didn’t Error in Admitting CIRP Plea Filed u/s 7 by a Duly Authorised Person on Behalf of FC At All Points of Time | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

October 25, 2023

IBBI Releases Discussion Paper on Rationalization of Regulatory Framework to Enhance Effectiveness of IPEs in IRP

Discussion Paper; Dated: 20.10.2023 IBBI … Continue reading “IBBI Releases Discussion Paper on Rationalization of Regulatory Framework to Enhance Effectiveness of IPEs in IRP”

Blog, News, Insolvency and Bankruptcy Code

October 25, 2023

IBBI Issues Discussion Paper on Strengthening the Liquidation Process

Discussion Paper; Dated: 20.10.2023 To … Continue reading “IBBI Issues Discussion Paper on Strengthening the Liquidation Process”

Blog, News, Insolvency and Bankruptcy Code

October 25, 2023

AA Erred in Rejecting Section 9 Plea Where Undisputed Overdues to Creditor Were Admitted by Corporate Debtor | NCLAT

Case Details: Clicbrics Technologies (P.) … Continue reading “AA Erred in Rejecting Section 9 Plea Where Undisputed Overdues to Creditor Were Admitted by Corporate Debtor | NCLAT”

News, Blog, Insolvency and Bankruptcy Code

October 20, 2023

NCLT Admits CIRP Plea Against Construction Co. for Failing to Deposit NHAI’s Toll Revenue in Escrow a/c of FC

Case Details: IDBI Bank Ltd. … Continue reading “NCLT Admits CIRP Plea Against Construction Co. for Failing to Deposit NHAI’s Toll Revenue in Escrow a/c of FC”