Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

July 18, 2022

NCLT erred in rejecting plea requesting review of admission: NCLAT

Case Details: Hacxad Infotech (P.) … Continue reading “NCLT erred in rejecting plea requesting review of admission: NCLAT”

Blog, News, Insolvency and Bankruptcy Code

July 16, 2022

Only CoC is empowered to change RP during a CIRP: NCLAT

Case Details: Anil Kumar Ojha … Continue reading “Only CoC is empowered to change RP during a CIRP: NCLAT”

News, Blog, Insolvency and Bankruptcy Code

July 13, 2022

[Opinion] The Information Utility – The IP’s Personal Assistant

[2022] 140 taxmann.com 220 (Article) … Continue reading “[Opinion] The Information Utility – The IP’s Personal Assistant”

Blog, News, Insolvency and Bankruptcy Code

July 7, 2022

CIRP plea filed u/s 9 during the moratorium period wasn’t maintainable as per provision of sec. 10A: NCLAT

Case Details: B. Sreekala v. … Continue reading “CIRP plea filed u/s 9 during the moratorium period wasn’t maintainable as per provision of sec. 10A: NCLAT”

Blog, News, Insolvency and Bankruptcy Code

July 6, 2022

IBBI modifies Code of conduct for IPs; now mandatory to disclose relationship with Corporate Debtor & related parties

Notification No. IBBI/2022-23/GN/REG088, dated 04-07-2022 … Continue reading “IBBI modifies Code of conduct for IPs; now mandatory to disclose relationship with Corporate Debtor & related parties”

Blog, News, Insolvency and Bankruptcy Code

July 6, 2022

Disciplinary proceedings against IPA to be conducted as per IBBI Regulations, 2017

No. IBBI/2022-23/GN/REG089 dated 04th July, … Continue reading “Disciplinary proceedings against IPA to be conducted as per IBBI Regulations, 2017”

Blog, News, Insolvency and Bankruptcy Code

July 5, 2022

No new claims to be considered after approval and implementation of Resolution Plan: NCLAT

Case Details: Greater Noida Industrial … Continue reading “No new claims to be considered after approval and implementation of Resolution Plan: NCLAT”

Blog, News, Insolvency and Bankruptcy Code

June 29, 2022

[Key Highlights] IBBI’s discussion paper on ‘Changes in CIRP’

IBBI News dated 27.06.2022 The … Continue reading “[Key Highlights] IBBI’s discussion paper on ‘Changes in CIRP’”

Blog, News, Insolvency and Bankruptcy Code

June 28, 2022

Resolution plan approved by CoC with 100% voting, etc. was rightly approved by NCLT

Case Details: Indian Potash Ltd. … Continue reading “Resolution plan approved by CoC with 100% voting, etc. was rightly approved by NCLT”

News, Blog, Insolvency and Bankruptcy Code

June 27, 2022

Once resolution plan was approved all claims which were not a part of plan wouldn’t survive: SC

Case Details: Ruchi Soya Industries … Continue reading “Once resolution plan was approved all claims which were not a part of plan wouldn’t survive: SC”