2,111 results found

The Regulations earlier provided payment of liquidation value to OCs and dissenting FCs in priority.

In the Insolvency Resolution Process for Corporate Persons, an issue is generally discussed as to the status of statutory dues payable by the Corporate Person – whether the same will qualify...

The National Company Law Appellate Tribunal ("NCLAT") in Mr. Ashish Chaturvedi v. Inox Leisure Limited has clarified that if an application is filed under the provisions of Insolvency and Bankruptcy Code...

Winding up proceedings were earlier initiated and conducted under the Companies Act, 1956.

SEBI has issued SEBI (International Financial Services Centers) Guidelines, 2015 for facilitating and regulating financial services relating to securities market in an IFSC set...

The Business Standard on 25 November 2021 reported that the outstanding amount owed by willful defaulters to the Indian Banking system increased to a staggering amount of Rs. 62,970 since the beginning of the pandemic.

The Jet Airways (India) Limited insolvency case has garnered significant attention as it highlights critical aspects of the Insolvency and Bankruptcy Code (IBC), 2016...

The Honorable National Company Law Appellate Tribunal on July 31, 201726 ruled that mere clause of arbitration in an agreement cannot be termed to be an existence of dispute...

The increasingly large haircuts that creditors are taking under the Insolvency and Bankruptcy Code, 2016 (Code) has alarmed stakeholders and government alike.

PTO Circuits (India) Limited (‘CD') had approached ICICI Bank Limited (‘FC') for various credit facilities and availed non-fund based working capital facilities of ...

On 6 October 2025, NCLAT's Principal Bench, New Delhi, delivered a terse but telling reminder that the CIRP under the Insolvency & Bankruptcy Code, 2016 is triggered by default, not the degree of disbursement or the robustness of security.

In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) has overturned a decision by the National Company Law Tribunal (NCLT) in an insolvency case involving Mrs. Leena Salot, the proprietor of Riddhim...

The Supreme Court of India in the matter of Dharani Sugars & Chemical Ltd Vs. Union of India struck down Circular dated 12th February 2018 issued by RBI as ultra vires of section 35AA of the

The Supreme Court of India examined whether an Adjudicating Authority under the Insolvency and Bankruptcy Code possesses the power to recall admission of insolvency proceedings initiated through fraud and collusion, and whether such findings necessitate termination of the entire Corporate Insolvency Resolution Process. The case involved a real estate project where homebuyers alleged that insolvency proceedings were collusively initiated to frustrate their remedies and shield the project from regulatory acti

The Insolvency and Bankruptcy Board of India (hereinafter referred to as the "IBBI") has constituted the Insolvency law Committee vide notification no. 35/14/2017 dated November 16, 2017.

The Insolvency and Bankruptcy Board of India (IBBI) has taken a decisive step toward fortifying the integrity of corporate insolvency proceedings. On 6 November 2025, it released a Discussion Paper proposing...

In a continued effort to improve and restructure the insolvency framework, the Government of India introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025...

The Supreme Court of India has delivered a landmark judgment in the matter of Saranga Anilkumar Aggarwal vs Bhavesh Dhirajlal Sheth & Ors. clarifying that the interim moratorium under the Insolvency.