2,111 results found

In a landmark decision, the National Company Law Appellate Tribunal (NCLAT) dismissed an appeal filed by Taguda Pte Ltd., a successful resolution applicant (SRA)...

In a recent judgment delivered by the Hon'ble Supreme Court presided by the division bench of R.F. Nariman J. And M.R. Shah J. dated 12th December 2018 in Jaipur Metals and Electricals Employees

The intersection of the Insolvency and Bankruptcy Code, 2016 (IBC) and sector-specific regulatory regimes continues to generate significant jurisprudential debate, particularly concerning the scope and effect...

In the recent judgment of Hon'ble Supreme Court ("SC") in Saranga Anilkumar Aggarwal Versus Bhavesh Dhirajlal Sheth & Others. , SC dealt with a legal proposition concerning whether execution proceedings under Section 27 of the Consumer Protection Act, 1986 ("CP Act").

The Insolvency and Bankruptcy Code, 2016 (IBC), implements a "creditor-in-possession" regime that vests decision making powers of the insolvent company with a "committee of creditors" (CoC) ...

On 20 July, foreign portfolio investors and investors in rupee denominated bonds got an unwelcome surprise in the form of a circular from SEBI that effectively halted the subscription of corporate debt...

In the case of Iskon Infra Engineering Private Limited v. Central Bank of India[1], the National Company Law Appellate Tribunal ("NCLAT") rejected the dissolution...

The National Company Law Appellate Tribunal, New Delhi on August 29, 2024 gave its decision in the case of Asha Chopra v. Hind Motors India Limited...

Following this, the District Court issued a notice, which was later challenged in the Supreme Court by AARCL.

The company being an independent legal entity is recognized for distinguished identity. The specialized corporate structure is monitored under the provisions of the Companies Act, 2013.

On May 21, 2021, the Apex Court of India, in the case of Lalit Kumar Jain vs. Union of India & Ors.1, upheld the validity of the Centre's notification dated November 15, 2019...

In Anuj Jain, Interim Resolution Professional for Jaypee Infratech Limited v. Axis Bank Etc , the Supreme Court held that a mortgagee is not a financial creditor of a corporate debtor...

The intersection of structured finance and insolvency law continues to generate significant judicial discourse, particularly on the question of when a financial creditor ceases to be a mere lender and becomes a related party of the corporate debtor. A recent ruling by the National Company Law Tribunal, New Delhi Bench, in Rishi Gupta and Anr. v. IDBI Trusteeship Services Ltd. and Ors. offers important clarity on this issue.

The Financial Resolution and Deposit Insurance Bill 2017 (Bill), which was tabled in the Parliament in August 2017 as a result of India's G-20 commitment, had attracted some criticism following concerns over its controversial ‘Bail-in' provision which allowed for the use of public deposits for restructuring of a failing financial institution's liabilities.

The IBBI, through notification dated 01.06.2026 has released the IBBI (Voluntary Liquidation Process) (Second Amendment) Regulations, 2026 (“Voluntary Liquidation Amendment Regulations”) to amend the IBBI (Voluntary Liquidation Process) Regulations, 2017 (“Voluntary Liquidation Principal Regulations”), in order to give effect to the changes brought about by the Amendment Act.

In a recent case, Shiv Charan & Ors. v. Adjudicating Authority under the Prevention of Money Laundering Act, 2002, Department of Revenue & Anr...

Can a personal guarantor deny receipt of a demand notice after expressly acknowledging it in a writ petition before the Supreme Court? The National Company Law Appellate Tribunal (Chennai Bench) says an emphatic "No".

The Supreme Court in the matter of Abhishek Singh Vs Huhtamaki Ppl Limited & Anr has held that Section 12A of the Insolvency and Bankruptcy Code 2016 does not debar admission of applications for withdrawal of CIRP ...