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A pre-packaged scheme is an arrangement under which stressed company and the purchaser negotiate the sale of all or part of a company's business or assets prior to the appointment of an insolvency professional as administrator.

The Insolvency and Bankruptcy Code, 2016,1 provides that only in cases where no disciplinary proceedings are pending against the insolvency professional that he/ she may be appointed as interim resolution professional, ...

As a result, applications for avoidance of PUFE transactions were considered infructuous upon conclusion of the CIRP.

The Insolvency and Bankruptcy Code, 2016 ("Code"), has attracted attention since its inception and it is being closely watched since the day it has come into effect...

The intersection of supply chain financing and insolvency law has increasingly become a fertile ground for jurisprudential debate, particularly concerning the classification of creditors and the validity...

The Full Bench of the Hon'ble Supreme Court of India comprising of Mr. Justice R.F. Nariman, Mr. Justice Aniruddha Bose, and Mr. Justice V. Ramasubramanian in M/s. Maharashtra Seamless Limited v. Padmanabhan Venkatesh & Ors. ...

The Economic Survey prepared by the Economic Division, Department of Economic Affairs, Ministry of Finance, Government of India is an annual performance report of the Country's...

The Supreme Court of India last week delivered a landmark Judgment in the matter of State Bank of India & Ors. vs. The Consortium of Mr. Murarilal Jalan and Mr. Florian Fritsch & Anr...

The concept of the speculative buyer in the context of the Insolvency and Bankruptcy Code, 2016 ("IBC") is not new, it was first recognised in the landmark judgement...

India is heading towards a new era of dealing with insolvencies and bankruptcies, whether corporate or individual, by promulgating a comprehensive Insolvency & Bankruptcy code at par with global standards...

The Insolvency and Bankruptcy Board of India (IBBI) has issued a new circular dated 17th March 2025, aimed at improving transparency in the Corporate Insolvency Resolution Process (CIRP).

The Amendments have put the onus on the Committee of Creditors to approve resolution plans which are viable and made by credible applicants to ensure that the resolution process protects and preserves the value of viable assets...

The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ("Code")...

On April 2, 2025, the Madurai Bench of the Madras High Court ("Madras HC"), in M/s. Empee Distilleries Limited vs. The Superintending Engineer and Ors.1, delivered a pivotal ruling on the interplay between the Insolvency and Bankruptcy Code, 2016 ("IBC") and statutory claims under litigation.

While India Inc. has been bestowed with one of the much required and appreciated rules via the IBC 2016 code, there have been several questions that the industry has come up with.

The Supreme Court of India ("Supreme Court") recently in the case of Saranga Anilkumar Aggarwal vs. Bhavesh Dhirajlal Sheth and Ors., held that the interim moratorium on personal guarantors under Section 96 of the Insolvency and Bankruptcy Code, 2016 ("IBC") does not extend to regulatory penalties.

The suspension of the Insolvency and Bankruptcy Code (IBC) proceedings for a year raises concerns for various stakeholders.

One of the mechanisms employed to hedge investment risks in a private equity transaction is that of a liquidation preference.