Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

August 23, 2021

NCLT appointed a new resolution professional as present Resolution professional failed to carry Insolvency Process

Case details: Ram Niwas & … Continue reading “NCLT appointed a new resolution professional as present Resolution professional failed to carry Insolvency Process”

Blog, News, Insolvency and Bankruptcy Code

August 20, 2021

CIRP plea against corporate debtor admitted as there was sufficient reason for proving existence of debt

Case details: Varun Glass & … Continue reading “CIRP plea against corporate debtor admitted as there was sufficient reason for proving existence of debt”

Blog, News, Insolvency and Bankruptcy Code

August 19, 2021

IBBI ought to have passed a reasoned order before rejecting complaint in respect of IRP’s conduct

Case details: PM Cold Storage … Continue reading “IBBI ought to have passed a reasoned order before rejecting complaint in respect of IRP’s conduct”

Blog, News, Insolvency and Bankruptcy Code

August 17, 2021

To Dissent or Not to Dissent? Safeguards Available to Dissenting Financial Creditors

[2021] 129 taxmann.com 82 (Article) … Continue reading “To Dissent or Not to Dissent? Safeguards Available to Dissenting Financial Creditors”

News, Blog, Insolvency and Bankruptcy Code

August 13, 2021

NCLAT upholds admission of petition u/s 7 as default in repayment of financial debt was not time-barred

Case details: Mrs Manasi Indrajit … Continue reading “NCLAT upholds admission of petition u/s 7 as default in repayment of financial debt was not time-barred”

Blog, News, Insolvency and Bankruptcy Code

August 12, 2021

Regulation of Fees of an Insolvency Professional: Is it the Need of the Hour?

[2021] 129 taxmann.com 81 (Article) … Continue reading “Regulation of Fees of an Insolvency Professional: Is it the Need of the Hour?”

Blog, News, Insolvency and Bankruptcy Code

August 11, 2021

Appeal filed after 58 days of admission plea u/s 9 was barred by limitation, and therefore, was to be rejected: NCLAT

Case details: Gursharan Singh v. … Continue reading “Appeal filed after 58 days of admission plea u/s 9 was barred by limitation, and therefore, was to be rejected: NCLAT”

Blog, Insolvency and Bankruptcy Code

August 5, 2021

Key highlights of report of ‘Standing Committee on Finance-MCA’ on Insolvency and Bankruptcy Code

The Standing Committee on Finance’- … Continue reading “Key highlights of report of ‘Standing Committee on Finance-MCA’ on Insolvency and Bankruptcy Code”

Blog, News, Insolvency and Bankruptcy Code

August 5, 2021

NCLT admitted plea u/s 7 as documents produced by financial creditor established debt and default by corporate debtor

Case details: Tata Capital Financial … Continue reading “NCLT admitted plea u/s 7 as documents produced by financial creditor established debt and default by corporate debtor”

Blog, News, Insolvency and Bankruptcy Code

August 4, 2021

Key Highlights of Report of ‘Standing Committee on Finance-MCA’ on Insolvency and Bankruptcy Code

The Standing Committee on Finance’ … Continue reading “Key Highlights of Report of ‘Standing Committee on Finance-MCA’ on Insolvency and Bankruptcy Code”