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OW bunker's bankruptcy has excited much comment internationally and led to a spate of litigation by physical suppliers for recovery of their dues.

Mr. Dinesh Gupta, a former employee of Rolta India Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Rolta on the basis of a claim for non – payment of arrears of salary upon termination of employment.

It has also been reported that Mr. Anil Ambani has challenged the validity of these provisions of the IBC which relate to personal guarantee and bankruptcy.

By way of its two landmark judgments delivered on August 26, 2022, in the matter of CIRP/Liquidation of ABG Shipyard, the Apex Court has settled two critical issues concerning...

The Insolvency and Bankruptcy Code (Second Amendment) Act, 2020...

The Insolvency and Bankruptcy Code envisages that upon the Corporate Insolvency Resolution Process being triggered a moratorium is applicable on all proceedings against the Corporate Debtor ...

In Vidarbha Industries Power Limited v. Axis Bank Limited, the Supreme Court, inter alia, held that Section 7(5)(a) of the Insolvency and Bankruptcy Code confers discretionary power on the Adjudicating Authority to admit an application of a financial creditor.

A bench comprising Justice Sanjay Kumar and Justice K. Vinod Chandran of the Supreme Court ("Court"), vide its judgment dated January 2, 2026 in Satinder Singh Bhasin v. Col. Gautam Mullick...

The banks can still opt for Project Sashakt as a resolution mechanism for stressed assets apart from the other measures.

The Supreme Court's decision in Swiss Ribbons v. Union of India upholding the constitutionality of the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC or the Code) is a landmark in the development of the Code.

Taking into account the deepening liquidity crisis in the financial services sector and the resultant failure of some of the biggest non-banking financial companies (NBFCs) in discharging their immediate debt obligations, the Indian government finally took the bull by the horns.

Not so long, all the creditors, as well as the debtors were welcoming the move of the legislature in introducing the now most complicated Insolvency and Bankruptcy Code, 2016 but now everybody has realized that the code ...

Secured Creditors as a class have been all along protected under various legal regimes to the extent of their security interest even in cases of restructuring and/or liquidation.

In a recent decision the Hon'ble Delhi High Court (Roseland Buildtech Pvt. Ltd versus Vihaan 43 Reality Pvt Ltd) on 05.01.2026 delved into the interesting question of analyzing the ‘length and breadth'...

The medium to long term financial effects of Coronavirus are yet to unfold, but the magnitude is already anticipated to be huge.

A claim submitted by a creditor during the insolvency resolution process can be disputed, undisputed, matured or unmatured

In the recent judgment delivered by the Hon'ble Delhi High Court in the case of Power Grid Corporation of India Ltd. v. Jyoti Structures Ltd., the Hon'ble High Court dwelled upon the question -

On November 29, 2023, the Supreme Court of India in the case of Hari Babu Thota v. [None] [Civil Appeal No. 4422/2023] held that a promoter of a Corporate Debtor shall not be disqualified under Section 29A of the Insolvency and Bankruptcy Code, 2016.