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The Insolvency and Bankruptcy Code 2016 (hereinafter referred to as ‘Code') attempts to consolidate the laws for insolvency resolution of corporate persons in a time bound manner.

In a recent decision , the National Company Law Appellate Tribunal ("NCLAT") has held that a second Section 7 Petition under Insolvency and Bankruptcy Code, 2016 ("IBC") is maintainable...

The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, which came into force on 6th June, 2018 provides for various amendments to the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India ("IBBI") has notified amendments ("Amendment") to IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ("CIRP Regulations") (read here).

The Insolvency and Bankruptcy Board of India (“IBBI”), through Notification dated 13.05.2026, has released the IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2026 (“IBBI Amendment Regulations”) to further amend the IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 (“IBBI Principal Regulations”).

The professionals play a key role in disbursing dues to all forms of creditors and pay out liabilities as per the Insolvency and Bankruptcy Code.

The promulgation of the Insolvency and Bankruptcy Code, 2016 (IBC/Code) is a watershed moment in development of law relating to Restructuring and Insolvency in the Indian eco-system...

The Insolvency and Bankruptcy Board of India ("IBBI") recently notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Seventh Amendment) Regulations, 2025 ("Amendment").

Insolvency, explained simply, refers to an individual or an entity's inability to pay debts due from it. The recent and most illustrious enactment by the Parliament, the Insolvency and Bankruptcy Code, 2016 encompasses this wide-ranging arena of insolvency and bankruptcy.

Pursuant to notification of the provisions relating to insolvency resolution and liquidation process under the Insolvency and Bankruptcy Code, 2016, several applications have been made to the NCLT...

A question arises as to who can file application under the Code on behalf of the Companies or Corporate Persons as they are juristic entities.

Filing of the list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

The Allahabad High Court was presented with the question as to whether the grant of a moratorium on any claim / suit or enforcement of security interest against a corporate debtor implies an embargo on the rights of the lenders to institute parallel proceedings...

The law regime pertaining to insolvency in India has developed over time, resulting in consolidation of laws regarding rehabilitation of the corporate entities and their liquidation.

After the submission of the valuers reports, the average of the two closest estimates shall be considered the liquidation value.

The legislative intent of the Parliament while enacting The Insolvency and Bankruptcy Code, 2016 ("IBC") in all its wisdom was clear, i.e. to make the business environment in the country...

In a recent case, the NCLAT permitted exit or withdrawal from Corporate Insolvency Resolution Process after Interim Resolution Professional was appointed and moratorium was imposed in the case.

The National Company Law Appellate Tribunal, Principal Bench, New Delhi ("NCLAT") in its decision dated July 3, 2025 in the matter of Rajesh Alfred v. Ketsaal Retail LLP, Company Appeal (AT) (Ins) No. 1563 of 2023...