2,111 results found

The Hon'ble Supreme Court of India (‘SC'), on September 26, 2025, delivered a significant ruling in Kalyani Transco v. M/S Bhushan Power and Steel Limited (‘SC Judgement')...

Real Estate Sector in India is one of the few sectors that have witnessed exponential growth in the last two decades.

The NCLAT in Technology Development Board v. Mr. Anil Goel ("Technology Development Board") has dealt with a complex issue of applicability of inter-se priorities between secured creditors...

The increasing reliance on cheques as a mode of financial transaction in business and personal dealings necessitated a robust legal framework to ensure accountability and prevent fraud.

Upon execution of a mortgage, a lender believes that a valid security is in place and could be enforced if the borrower defaults in repayment.

The Insolvency & Bankruptcy Code was enacted in the year 2016. Since then there have been divergent views regarding the application of the Limitation Act, 1963, to the proceedings under the Insolvency & Bankruptcy Code, 2016.

In the case of Sanjeev Shriya v. State Bank of India and Ors. Writ C No. 30285 of 2017 connected with Deepak Singhania and Another v. State Bank of India, Writ C No. 30033 of 2017, the Hon'ble Allahabad High Court ...

At a time when India was struck with piling defaults in debt and the debt recovery laws were failing badly, it was realised that mere debt recovery would not address the damage being inflicted by the non-performing assets (NPAs).

On 20 June 2019, the National Company Law Appellate Tribunal (NCLAT), in A.J. Agrochem v Duncans Industries Limited, passed an order deciding the issue of whether approval of the Central Government under Section 16G(1)(c) ...

Whether by virtue of Section 32A of IBC all the statutory remedy under the criminal statutes will come to a halt by mere approval of resolution plan which is a purely a civil and commercial action.

For financial creditors navigating the dual landscape of traditional debt recovery and modern insolvency resolution, the personal guarantor provisions of the Insolvency and Bankruptcy Code...

The Supreme Court of India in Electrosteel Steel Limited vs Ispat Carrier Private Limited (Civil Appeal No. 2896 of 2024 arising out of SLP (C) No. 15823 of 2023)...

Different countries have adopted various strategies to prevent or delay initiation of insolvency proceedings and protect businesses in the wake of the Covid-19 Crisis.

India witnessed a severe and unanticipated second wave of COVID-19 in April-June 2021.

The NCLT Kolkata reserved orders after a final hearing on the said application on 13 March 2020.

The Supreme Court's judgment in Lalit Kumar Jain v. Union of India & Ors.1 made clear that the resolution of a corporate debtor under the Insolvency and Bankruptcy Code...

The Insolvency and Bankruptcy Code, 2016 (IBC) aims to revive debtor entities facing financial stress.

Brand Realty Services Ltd. being the Operational Creditor ("Appellants / Operational Creditor") filed an Appeal before the Hon'ble National Company Law Appellate Tribunal, Delhi ("NCLAT")...