Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

May 16, 2022

Supreme Court allows withdrawal of SLP filed by corporate debtor

Case Details: Jayaswal Neco Industries … Continue reading “Supreme Court allows withdrawal of SLP filed by corporate debtor”

Blog, News, Insolvency and Bankruptcy Code

May 10, 2022

IBBI invites public comments on the IBC regulations that have been notified

Press release No. IBBI/PR/2022/21 6th … Continue reading “IBBI invites public comments on the IBC regulations that have been notified”

News, Blog, Insolvency and Bankruptcy Code

May 10, 2022

IBBI withdraws circular w.r.t applicability of the IBBI Regulations, 2019

Circular No. IBBI/LIQ/2/2022 dated 06.05.2022 … Continue reading “IBBI withdraws circular w.r.t applicability of the IBBI Regulations, 2019”

Blog, News, Insolvency and Bankruptcy Code

May 6, 2022

IRP can’t claim any cost or fee in addition to fee already paid when NCLAT had stayed the entire CIRP

Case Details: Mritunjay Kumar Member … Continue reading “IRP can’t claim any cost or fee in addition to fee already paid when NCLAT had stayed the entire CIRP”

Blog, News, Insolvency and Bankruptcy Code

May 3, 2022

NCLT rightly dismissed CIRP u/s 9 because of dispute regarding progress & quality of work: NCLAT

Case Details: ABC India Ltd. … Continue reading “NCLT rightly dismissed CIRP u/s 9 because of dispute regarding progress & quality of work: NCLAT”

Blog, News, Insolvency and Bankruptcy Code

April 30, 2022

Provisions of IBC are intended to support corporate debtor and not for money recovery proceedings: SC

Case Details: Invent Asset Securitisation … Continue reading “Provisions of IBC are intended to support corporate debtor and not for money recovery proceedings: SC”

Blog, News, Insolvency and Bankruptcy Code

April 30, 2022

CIRP couldn’t be initiated against co-operative society as it is not a corporate person as per IBC

Case Details: Maharashtra State Co-operative … Continue reading “CIRP couldn’t be initiated against co-operative society as it is not a corporate person as per IBC”

Blog, News, Insolvency and Bankruptcy Code

April 25, 2022

Corporate Rescue & Pre-pack Paradigm in India

[2022] 137 taxmann.com 377 (Article) … Continue reading “Corporate Rescue & Pre-pack Paradigm in India”

Blog, News, Insolvency and Bankruptcy Code

April 25, 2022

Selling property of corporate debtor allowed in absence of conflict in IBC and Benami Act: NCLAT

Case Details: P. Eswaramoorthy, Liquidator … Continue reading “Selling property of corporate debtor allowed in absence of conflict in IBC and Benami Act: NCLAT”

News, Blog, Insolvency and Bankruptcy Code

April 18, 2022

CIRP plea filed u/s 7 rejected when a new loan agreement was agreed to after restructuring it: NCLT

Case Details: Bank of Baroda … Continue reading “CIRP plea filed u/s 7 rejected when a new loan agreement was agreed to after restructuring it: NCLT”