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The Cabinet ministers of the Indian Government on 17 July 2019 said it would again amend the Insolvency and Bankruptcy Code, 2016.

In the year 2016, Insolvency and Bankruptcy Code was introduced to consolidate all the laws associated with the Insolvency resolution of the corporate personalities with aim to realise the maximum value of assets...

The Insolvency and Bankruptcy Code 2016 has been evolving immensely since its inception. Through this Quarterly Journal the firm aims to share recent updates and landmark Judgements pertaining to the Code.

Kilburn Chemicals Limited obtained credit facilities of c. ₹103 Crores from, inter alia, Bank of Baroda, which were guaranteed by, inter alia, Mr Sandeep Kumar Jalan.

In the regime of insolvency and bankruptcy law in India, the question of when and how the liabilities of Personal Guarantors crystallize has become increasingly significant.

The National Company Law Appellate Tribunal ("NCLAT") has recently, in its judgment dated April 20, 2023 in Bhushan Shringapure v. Mr. B.K. Mishra, has held that, Section 24(3)...

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

CIRP is the resolution process initiated by the National Company Law Tribunal when a company defaults in making payments to its creditors.

In a recent judgment delivered by the Supreme Court of India ("Supreme Court") in the case of P. Mohanraj & Ors. Vs. M/S Shah Brothers Ispat Pvt. Ltd1,

SEBI had filed an appeal in NCLAT against the approval of resolution plan in Assam Company Limited by NCLT

Recently, in Anup Sushil Dubey v. National Agriculture Co-operative Marketing Federation of India Ltd, the NCLAT dealt with the issue "Can lease rentals arising out of use and occupation...

On September 19, 2024, the National Company Law Appellate Tribunal in the case of Times Innovative Media Limited v. Pawan Kumar Aggarwal (Liquidator) held that operational...

The National Company Law Appellate Tribunal, Principal Bench ("NCLAT"), in its judgment dated February 6, 2026 in Vinodkumar Nihalchand Parmar v. Anuj Bajpai (IRP), Company Appeal (AT) (Insolvency) No. 1395 of 2025...

The National Company Law Appellate Tribunal, New Delhi Bench (“NCLAT”), in its judgment dated March 19, 2026, in SPS Steels Rolling Mills Limited v. Central Bank of India, Comp. App. (AT) (Ins)...

In the market of changing scenarios, the companies are faced by numerous challenges on the business front.

The Amendment Regulations have come into force on 5 October 2018.

The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2022 ("Amendment Regulations") issued on 16th September 2022 have brought in its fold a very crucial amendment to the IBBI (CIRP) Regulations, 2016.