Insolvency and Bankruptcy Code

News, Blog, Insolvency and Bankruptcy Code

March 7, 2023

IBBI Revises CIRP Application Format, includes Information about Multiple Applicants

Circular No. IBBI/LAD/58/2023, dated 04th … Continue reading “IBBI Revises CIRP Application Format, includes Information about Multiple Applicants”

Blog, News, Insolvency and Bankruptcy Code

March 7, 2023

CIRP plea filed u/s 7 of IBC can’t be mediated u/s 442 of the Companies Act, 2013

Case Details: White Stock Ltd. … Continue reading “CIRP plea filed u/s 7 of IBC can’t be mediated u/s 442 of the Companies Act, 2013”

Blog, News, Insolvency and Bankruptcy Code

March 4, 2023

Claim filed by Excise Commissioner 1 year after RP approval couldn’t be accepted u/r 12 of CIRP regulations: NCLT

Case Details: Punjab National Bank … Continue reading “Claim filed by Excise Commissioner 1 year after RP approval couldn’t be accepted u/r 12 of CIRP regulations: NCLT”

Blog, News, Insolvency and Bankruptcy Code

March 2, 2023

[Opinion] Time vs Value: A Tug of War in IBC with Reference to Reliance Capital Case

‘Time’ and ‘Value’ are two … Continue reading “[Opinion] Time vs Value: A Tug of War in IBC with Reference to Reliance Capital Case”

Blog, News, Insolvency and Bankruptcy Code

March 2, 2023

Ordering Tax, Interest & Penalty against Corporate Debtor after approval of RP wasn’t sustainable

Case Details: EMC Ltd. v. … Continue reading “Ordering Tax, Interest & Penalty against Corporate Debtor after approval of RP wasn’t sustainable”

News, Blog, Insolvency and Bankruptcy Code

March 1, 2023

[Opinion] Applicability of IBC to Companies incorporated in IFSCs

Introduction Keeping Ease of Doing … Continue reading “[Opinion] Applicability of IBC to Companies incorporated in IFSCs”

Blog, News, Insolvency and Bankruptcy Code

March 1, 2023

Equipment for which CD paid only 30% sales consideration, ought not to be included in its assets: NCLT

Case Details: TLD MEAI FZE … Continue reading “Equipment for which CD paid only 30% sales consideration, ought not to be included in its assets: NCLT”

News, Blog, Insolvency and Bankruptcy Code

February 28, 2023

NCLAT sets aside NCLT’s admission of CIRP filed with malicious intent

Case Details: Dolphin Vintrade (P.) … Continue reading “NCLAT sets aside NCLT’s admission of CIRP filed with malicious intent”

Blog, News, Insolvency and Bankruptcy Code

February 28, 2023

[Opinion] Authorized Representatives – Participants in achieving resolutions under IBC

Yash Gupta – [2023] 147 … Continue reading “[Opinion] Authorized Representatives – Participants in achieving resolutions under IBC”

Blog, News, Insolvency and Bankruptcy Code

February 27, 2023

Settlement Agreement: A Corporate Debtor’s RP & need for Conditional Withdrawal u/s 12A

[2023] 147 taxmann.com 528 (Article) … Continue reading “Settlement Agreement: A Corporate Debtor’s RP & need for Conditional Withdrawal u/s 12A”