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The Insolvency and Bankruptcy Board of India (the Board) vide its circular no. IBBI/2022-23/GN/REG084 dated 14 June 2022, in exercise of the powers conferred under clause...

The Insolvency and Bankruptcy Board of India (IBBI) has introduced amendments to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)...

The Insolvency and Bankruptcy Code, 2016 (IBC), is a watershed in the history of India's banking credit culture.

In our previous publication on the subject, we had discussed the changes introduced by the Ordinance dated 23 November 2017, amending the Insolvency and Bankruptcy Code, 2016.

The Supreme Court of India (SC) in Orator Marketing Private Limited v Samtex Desinz Private Limited, Civil Appeal No. 2231 of 2021, judgment dated 26th July 2021 has held that an interest free...

This is the year of landmark reforms: GST and the Bankruptcy Code (Code). While the Code is hailed as one of the best, the devil lies in the detail.

The Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the "Code") provides for a time-bound resolution process for insolvency and bankruptcy.

The National Company Law Appellate Tribunal, Principal Bench, New Delhi, in its judgment dated 19 May 2026 in Lyka Labs Ltd. v. Modi Lifecare Industries Ltd., Company Appeal (AT) (Insolvency) No. 726 of 2024...

The Supreme Court of India in BK Education Services Private Limited vs. Parag Gupta and Associates held that Section 238 A of the Insolvency and Bankruptcy Code, which was inserted pursuant to an amendment dated 6th August 2018, ...

The National Company Law Appellate Tribunal (“NCLAT”), in Arvind Kumar vs. Beacon Trusteeship Limited and Anr., dismissed an appeal challenging the admission of a petition under Section 72 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) by the National Company Law Tribunal, New Delhi (“NCLT”).

The National Company Law Appellate Tribunal, Delhi (NCLAT) in the case of Sh. Sushil Ansal Vs Ashok Tripathi and Ors, has reiterated that a decree-holder though covered under the definition of creditor under Section 3(10).

When the Corporate-Insolvency-Resolution-Process (CIRP) of Reliance Communications Infrastructure Limited began in September 2019, few would have guessed that a quiet ₹27.60 crore fixed...

The National Company Law Tribunal, Hyderabad Bench ("NCLT") in the matter of M/s. Akash Electrotek Engineers Pvt. Ltd. v. M/s. NCC Limited and Anr...

The National Company Law Appellate Tribunal ("NCLAT") while upholding the decision of National Company Law Tribunal, Mumbai ("NCLT")...

The intersection of insolvency law and criminal liability for cheque bounce became a significant area of legal debate in India, after the introduction of the Insolvency and Bankruptcy Code...

On March 6, 2024, the Hon'ble High Court of Karnataka ("Karnataka HC"), in the case of M/S Manyata Realty vs. The Registrar and Ors, held that the National Company Law Tribunal ("NCLT")...

An amendment to the Insolvency and Bankruptcy Code ("IBC") recently received the President's assent.

The insolvency regime of India since its inception has enabled and opened gates for companies facing stress by providing choices of resolution or liquidation to help them meet ends in an organized manner.