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It was also argued that the said Circular suffers from absence of guidelines.

The question whether the institution or continuation of a proceeding under Section 138/141 of the Negotiable Instruments (NI) Act can be said to be covered by the moratorium provision, namely...

The Supreme Court in a recent judgment held that the inherent powers under Rule 11 of the National Company Law Appellate Tribunal Rules (NCLAT Rules) cannot be used to circumvent the procedure of

The law regarding moratoriums imposed under Section 14 of the Insolvency and Bankruptcy Code (hereinafter referred to as the IBC 2016) has been often explained and clarified...

Aggrieved by the order of the National Company Law Appellate Tribunal (NCLAT) refusing to condone a delay of 44 (forty-four) days in filing an appeal against the order passed...

Recently, the Appellate Authority (NCLAT) in the matter of Laxmi Pat Surana v. Union Bank of India & Ors. has held that an application under Insolvency and Bankruptcy Code, 2016 (‘I&B Code') is ...

The reason behind this is that the pre-pack is a voluntary consensual process between debtors and creditors to resolve stress.

Hon'ble National Company Law Appellate Tribunal in the case of Binani Industries Limited V. Bank of Baroda & Anr. on November 14, 2018 along with other connected matters has pronounced its ruling ...

Pre-packaged Insolvency Resolution Process (Prepack) is a hybrid debt restructuring mechanism that integrates both formal and informal (Out of Court settlement) insolvency proceedings.

The CCI, till date, has been notified of five (5) transactions involving the acquisition of a corporate debtor under the IBC and has granted approval in two of them so far.

On January 29, 2025, a three-judge bench of the Supreme Court ("Court"), delivered a landmark ruling in Independent Sugar Corporation Limited v. Girish Sriram Juneja...

Recently, the Supreme Court in the decision of Arun Kumar Jagatramka v. Jindal Steel and Power Ltd. & Anr1 ("Arun Kumar Decision")

Winding up of a company means closing of the company by realising its assets, paying off creditors' dues and distribution of the remaining assets to the Shareholders through a Liquidator as per the procedure.

On April 21, 2023, the National Company Law Appellate Tribunal, New Delhi ("NCLAT") gave its decision in the case of ASJ Finsolutions Private Limited v. Best Foods Limited...

The Bengaluru Bench of the National Company Law Tribunal has declined to approve a proposed merger involving four real estate companies under the same promoter group. The decision raises important questions about the requirements and standards for corporate amalgamation schemes under the Companies Act, 2013.

In a recent judgment , the Supreme Court of India ("Supreme Court") held that even after admission of a winding up petition, and after appointment of an official liquidator...

There has been an enormous shift in the landscape of mergers and acquisitions (M&A) in India in the last decade, not only due to strategic corporate expansion but also due to the opportunities of distressed assets.

On 16 July 2026, the Reserve Bank of India issued amendment directions to the Reserve Bank of India (Commercial Banks - Resolution of Stressed Assets) Directions, 2025 (Directions) applicable to commercial banks, small finance banks, urban co-operative banks, rural co-operative banks, regional rural banks, local area banks, non-banking financial companies and All India Financial Institutions (collectively, the Regulated Entities).