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India is increasingly featuring in cross border insolvency and asset tracing work, reflecting both recent legal reform and a noticeable shift in how Indian insolvency professionals approach complex recoveries.

Section 14(2) of the Insolvency and Bankruptcy Code, 2016 (I&B Code 2016) provides that during the moratorium period the supply of essential goods or services ...

The Insolvency and Bankruptcy Board of India ("IBBI") notified amendments to the IBBI (Voluntary Liquidation Process) Regulations, 2016, and IBBI (Liquidation Process) Regulations

Filing of personal insolvency against a personal guarantor is to be filed before the same NCLT as the corporate debtor.

The Insolvency and Bankruptcy Board of India had previously via the IBBI Regulations, 2022 inserted Regulation 31A(1) which introduced a regulatory fee payable to IBBI.

While capturing the Indian updates, we believe it is imperative to discuss some of the recent decisions by the Supreme Court

We are pleased to share our Monthly Newsletter with you. In our Newsletter, we bring to you the most important and significant legal developments from the field of Indian and International Arbitration.

This has been held by the Supreme Court vide its judgment dated 13.09.2021 in the matter of Ebix Singapore Private Limited vs. Committee of Creditors of Educomp Solutions Limited.

Rajani acts for Ariisto Developers RP in $220M debt resolution by Prestige Estates.

In Bharti Airtel Limited v. Vijaykumar V. Iyer (Supreme Court of India, 03 January 2024; Coram: Khanna, Bhatti, JJ) the Supreme Court laid down important principles governing the right of ‘set-off' in relation to debts owed to a company undergoing CIRP.

The High Court of Punjab and Haryana through its judgment dated 20.07.2026 in Ajay Gupta and Another v. Can Bank Factors Limited dismissed a Petition filed under Section 482 of the Code of Criminal Procedure, 1973 seeking quashing of criminal proceedings under Sections 138 and 141 of the Negotiable Instruments Act, 1881 on the ground that insolvency proceedings had been initiated against the company under the IBC.

The last two years have been tumultuous for Think & Learn Pvt. Ltd., the parent company of the online education brand Byju's. Now, Byju's will continue to deal a bad hand with its creditors...

The Supreme Court recently examined whether corporate guarantees executed during financial distress can constitute 'financial debt' under the Insolvency and Bankruptcy Code, 2016. The case arose when SBI Consortium's claims as financial creditors were challenged on grounds including suspicious timing, non-disclosure in financial statements, and insufficient stamping.

The Supreme Court passed an order dismissing the appeal on the ground of having no merit and keeping the question of law open as to whether Limitation Act applied to the present case.

In a significant ruling, the Madras High Court has dismissed two writ petitions challenging a circular issued by the Insolvency and Bankruptcy Board of India (IBBI).

Can you rescue your raw materials or unfinished products from a company after it goes under insolvency?

On 23th November 2017, the President of India has promulgated the Insolvency and Bankruptcy (Amendment) Ordinance, 2017 ("the Ordinance").