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The Supreme Court of India in the recent judgment of Manish Kumar and others vs. Union of India , ruled against a group of allottees of real-estate projects who had challenged the amendments to the Insolvency and Bankruptcy Code Act 2020.

On July 2, 2024, the Hon'ble Delhi High Court ("Delhi HC"), in the case of Sanjay Dhingra vs. IDBI Bank Limited and Ors, has held that the proceedings under the Securitisation and Reconstruction ...

With global economies and businesses transcending boundaries, national laws limited by territorial borders find themselves engulfed in constant strife when it comes to cross-border disputes.

The 3-Judge Bench of the Supreme Court (SC) in its judgment dated 26 August 2022, in Sundaresh Bhatt, Liquidator of ABG Shipyard v. Central Board of Indirect Taxes and Customs, Civil Appeal No. 7667/2021...

The account of the corporate debtor was declared as Non-Performing Asset on 31.12.2013.

The advent of the Insolvency and Bankruptcy Code, 2016 ("IBC") has led to a transformative turnaround in the corporate distress resolution framework of India.

Micro, small and medium enterprises ("MSME") have been contributing greatly to the growth of the Indian economy including by way of employment generation.

A pre-packaged administration is a pre-planned insolvency procedure wherein a company arranges to sell its assets to a buyer prior to filing for insolvency

The National Company Law Appellate Tribunal delivered a landmark ruling on whether credit facilities restructured under RBI guidelines retain their secured status during liquidation proceedings without corresponding modification of charge registration. The judgment addresses the complex interplay between corporate debt restructuring, charge registration requirements under company law, and the insolvency resolution framework, establishing critical precedents for consortium lending practices.

The President of India has promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 (The Ordinance) on April 04, 2021, to allow pre-packaged insolvency resolution process...

V. Hotels Ltd (Corporate Debtor) had executed a Loan Agreement in March 2002 with a consortium of banks consisting of Bank of India, Punjab National Bank, Union Bank of India, Vijaya Bank...

In its first detailed ruling on some of the substantive legal questions under the Insolvency and Bankruptcy Code, 2016 (Code), the Hon'ble Supreme Court (Apex Court) has delivered a landmark order...

The appellants submitted that while the Code includes the concept of a ‘personal guarantor', it does not recognize the concept of a corporate guarantor.

With the promulgation of the Insolvency and Bankruptcy Code, 2016 ("IBC"), India gains a comprehensive legislation which deals with insolvency and bankruptcy of companies, "LLPs", individuals and partnership firms.

The Insolvency and Bankruptcy Code ("IBC") had attracted interests of NPA-laden Indian Banks, entrepreneurs (Indian and International), and professionals like CAs CS and lawyers alike.

The Supreme Court (SC) vide Judgment dated March 23, 2021, in the matter of Small-Scale Industrial Manufactures Association (Regd.) v. Union of India & Ors...

The Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 cannot be allowed to lapse into an indefinite delay defeating the very object of the law.

The Supreme Court's unanimous decision on February 15, 2024, to strike down the Union government's 2018 Electoral Bonds Scheme marked a significant milestone in Indian jurisprudence.