In Jayesh N. Sanghrajka, Erstwhile R.P. of Ariisto Developers Pvt. Ltd. v. The Monitoring Agency nominated by the Committee of Creditors of Ariisto Developers Pvt. Ltd...

The respondent approached the appellate court and the appellate court, though confirming the conviction and compensation amount, reduced the imprisonment from one year to six months.

The Supreme Court of India, in its judgment in India Resurgence Arc Pvt. Ltd. v. M/S Amit Metaliks Ltd has held that the Secured Creditors cannot challenge Resolution Plan ...

In Vidarbha Industries Power Limited v. Axis Bank Limited, the Supreme Court, inter alia, held that Section 7(5)(a) of the Insolvency and Bankruptcy Code confers discretionary power on the Adjudicating Authority to admit an application of a financial creditor.

In Phoenix ARC Pvt. Ltd. v. Ketulbhai Ramubhai Patel , an appeal came up before the Supreme Court under Section 62 of the Insolvency and Bankruptcy Code, 2016 ("Code").

There have been a number of cases where the issue of rights of a creditor against a guarantor (corporate as well as individual) under the Insolvency and Bankruptcy Code, 2016 have been raised.

Thus, the Supreme Court did not explicitly strike down Regulation 30A, but construed it be directory in terms of the facts of each case.

Recently, in Anup Sushil Dubey v. National Agriculture Co-operative Marketing Federation of India Ltd, the NCLAT dealt with the issue "Can lease rentals arising out of use and occupation...

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 ...

Aggrieved by the aforesaid order, an appeal was filed before the Supreme Court.

On August 9, 2019, in State Bank of India v. M/s. Manibhadra Polycot & Ors., Civil Appeal Nos. 4656-4657 of 2019, the Supreme Court has set aside an order passed by the National Company Law Appellate Tribunal ...

The Insolvency and Bankruptcy Board of India (IBBI) has issued a clarification bearing reference No.: IBBI/CIRP/2021 dated April 16, 2021

We are, therefore, making this Comment to justify keeping the above provision and why the said offence should not be decriminalised.

Globalisation, increase in trade, emergence of new modes of dealings and supplies and e-commerce have created new options and opportunities for consumers.

The Insolvency and Bankruptcy Code, 2016 in its Section 12 provides that the corporate insolvency resolution process shall be completed within a period of 180 days from the date of admission of the application to initiate such process.

The RBI in exercise of its powers under the Banking Regulation Act, 1949 and the Reserve Bank of India Act, 1934 on 12th February, 2018 brought in a revised framework for resolution of stressed assets to overhaul the existing framework, ...

We are sharing updates on some recent Indian case-laws on insolvency matters that have contributed to developing the insolvency jurisprudence.

Recently, while dealing with an anticipatory bail application filed under Section 438 of the Code of Criminal Procedure, the Kerala High Court has, in Joy V.S v. State of Kerala B.A No. 8741 of 2018 (decided on March 5, 2019) ...

In the said case, the Appellant Bank had extended certain credit facilities to the Corporate Debtor, however, the Corporate Debtor failed to repay the dues and the loan account of the Corporate Debtor became irregular and was declared NPA.

There have been some changes in the civil dispute resolution practice area through the Specific Relief (Amendment) Act, 2018 which has made some important amendments to the Specific Relief Act, 1963.