CoC Wisdom Cannot be Appealed in NCLT or NCLAT
Vallal RCK Vs Siva Industries and Holdings Limited And Ors. (Supreme Court Of India)
The Supreme Court on Friday said it has time and again...
IBBI’s data reveals recovery from insolvency and bankruptcy cases at 24% in FY-21
Recovery from all insolvency and bankruptcy cases, excluding the top nine cases referred by the Reserve Bank of India, stood at 24% as of March...
MSMEs requesting suspension of Insolvency proceedings, but MCA is not in favour
The government seems to be in no mood to suspend the Insolvency process, even as smaller companies have requested the Corporate Affairs Ministry to...
An Analysis of Residuary Jurisdiction of NCLT in reference to Section 60(5) of Insolvency...
Pursuant to Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (Code) the National Company Law Tribunal (NCLT) is bestowed with the jurisdiction to...
National Company Law Tribunal’s Delhi bench appointed an Interim Resolution Professional to conduct...
The National Company Law Tribunal’s (NCLT) Delhi bench has appointed an Interim Resolution Professional (IRP) to start a Corporate Insolvency Resolution Process (CIRP) against...
Madras HC on 2019 IBC Amendment: Legislators never intended to beeline Tax authorities before...
The Madras High Court while commenting on the effect of 2019 Insolvency and Bankruptcy Code, 2016 (IBC) amendment said that Legislators never intended to...
Information Utility- a boon for creditors
One of the biggest challenges faced by business entities, especially the smaller ones, is management of receivables and the risk of receivables turning into...
Rules notified by Insolvency & Bankruptcy Board (IBBI) for new pre-packaged resolution process
The rules specify that the resolution professional and all partners and directors of the insolvency professional entity have to be independent of the debtor.
The Insolvency...
MCA: IBBI (Annual Report) Amendment Rules, 2020 got notified.
The Ministry of Corporate Affairs (MCA) published a notification on 10 September 2020 that notified the Insolvency and Bankruptcy Board of India (Annual Report)...
IBBI compulsories Voting by Creditors on all Resolution Plans.
According to the new amendment made in Insolvency and Bankruptcy Code, the Creditors and Home-Buyers will now be able to vote on all eligible...
IBBI Derecognizes 13 Insolvency Professional Entities
Vide Order No. F. No. IBBI/IPE/01/2019 dated 17th January, 2019, The Insolvency and Bankruptcy Board of India (Board) has de-recognized 13 Insolvency Professional Entities...