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The Hon'ble National Company Law Appellate Tribunal (NCLAT) in the matter of Acute Daily Media Pvt. Ltd. and Ors.

On September 18, 2023, the Insolvency and Bankruptcy Board of India amended the IBBI Regulations, 2016 vide the IBBI Regulations, 2023.

On August 27, 2021, the Insolvency and Bankruptcy Board of India ("IBBI"), created under the 2016 insolvency law, released a discussion paper ("IBBI Discussion Paper")...

The Law of Limitation has been on the talks in context to whether it shall be applicable to the Insolvency and Bankruptcy Code, 2016 ("IBC, 2016") since its very beginning.

The Insolvency and Bankruptcy Code, 2016 (IBC) often throws up not only substantive questions of debt and default but also technical objections on authorisation and procedure.

From an investor's standpoint, a robust and effective bankruptcy regime is a prerequisite for the development of the corporate debt market.

Insolvency and Bankruptcy Code, 2016 was enacted with the objective of maximization of value of assets, to promote entrepreneurship, availability of credit and balance of interests of all stakeholders.

In the case of State Bank of India v. Essar Steel India Ltd., C.P (I.B) No. 40/7/NCLT/AHM/2017, the National Company Law Tribunal, Ahmedabad Bench has interpreted Section 7(5)(a) of the Insolvency and Bankruptcy Code...

The Supreme Court of India in the recent judgment of Ajay Kumar Radheyshyam Goenka v. Tourism Finance Corporation of India Ltd., dismissed the appeals aimed to contest the proceedings filed by the lender under Section 138 ...

The Delhi High Court recently delivered a significant judgment in the appeal case involving M/S BS Enviro N Infracon Pvt. Ltd. (Appellant) and VIJ Contracts Pvt. Ltd. (Respondent).

While two parties litigate out their dispute before a court of law, there is always a possibility that a mutual settlement may be arrived at during the course of proceedings.

The Supreme Court of India has once again emphasized the paramount importance of the right to maintenance by declaring it superior to statutory financial claims under laws like the SARFAESI Act and the Insolvency.

Essar Group is an Indian conglomerate into manufacturing, services and retails sectors. The group has operational presence across 29 countries having 45,000 employees across the world.

In a recent order issued by the National Company Law Appellate Tribunal ("NCLAT") in the case of Sushil Ansal Vs. Ashok Tripathi, the NCLAT has held that a decree-holder cannot be...

The Insolvency and Bankruptcy Code (Amendment) Act, 2026 introduced sub-section (4) into Section 96 of the Insolvency and Bankruptcy Code, 2016 (IBC), excluding personal guarantors to corporate debtors from the protection of the interim moratorium that automatically arises on the filing of an application to initiate insolvency resolution proceedings under Section 94 or Section 95. The amendment, which came into force on 26 May 2026, does not contain any express statement as to whether it applies to pending applications or applications filed after the introduction of Section 96(4).

If a demand notice under IBC returns undelivered then what are the remedies available?

The amendment would enable the market to come up with dynamic resolution plans for value maximisation.

Leasing of aircrafts is a prevalent market practice in the aviation industry, and all existing airline operators in India have currently leased a significant number of aircrafts in their fleet.