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    December 29, 2022   Case LawsInsolvency and Bankruptcy
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    December 28, 2022   Case LawsInsolvency and Bankruptcy
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    Appellants' Objection to 2019 CoC-Approved Resolution Plan Dismissed; Plan Already Implemented, No Grounds for Reversal Found.
    December 24, 2022   Case LawsInsolvency and Bankruptcy
    Adjudicating Authority chooses Resolution Professional candidate from a single applicant, bypassing others; Indiabulls Housing Finance Ltd. not mentio...
    December 24, 2022   Case LawsInsolvency and Bankruptcy
    Madras High Court Issues Interim Injunction on Disciplinary Actions, Does Not Address AFA Requirement Under Regulation 7A.
    December 24, 2022   Case LawsInsolvency and Bankruptcy
    Tribunal Rules Insolvency and Bankruptcy Code Prevails Over SARFAESI Act, Invalidating Sale Confirmation Amid Moratorium Violation.
    December 24, 2022   Case LawsInsolvency and Bankruptcy
    Resolution Plan Approved with 97.18% Majority; Tribunal Affirms Priority of Employee Provident Fund Dues Under IA No.746/2021.
    December 23, 2022   Case LawsInsolvency and Bankruptcy
    Corporate Debtor's debt acknowledgment since 2010 allows Section 7 Application for CIRP, not barred by limitation period.
    December 22, 2022   Case LawsInsolvency and Bankruptcy
    NCLT orders CIRP initiation as Corporate Debtor fails to reconcile accounts after multiple requests from Operational Creditor.
    December 22, 2022   Case LawsInsolvency and Bankruptcy
    Appeal Refiled After 321 Days with New Facts; Allegations of Strategic Manipulation Acknowledged as Mistake, No Further Action.
    December 21, 2022   Case LawsInsolvency and Bankruptcy
    Resolution Plan Approved for Corporate Debtor; Creditors Must Submit Claims Post-Regulation 12 Amendment.
    December 21, 2022   Case LawsInsolvency and Bankruptcy
    Resolution Plan Approval Stresses Timely Asset Maximization; CoC Meeting Bars Late Third-Party Offers to Protect CIRP Integrity.
    December 21, 2022   Case LawsInsolvency and Bankruptcy
    NCLT Clarifies Jurisdiction Limits u/s 7 of Insolvency Code; Jurisdiction Can't Be Assumed or Granted by Consent.
    December 17, 2022   Case LawsInsolvency and Bankruptcy
    Revenue Department Misses Filing Deadline for Excise Duty Claim in CIRP; No Funds Available for Recovery.
    December 17, 2022   Case LawsInsolvency and Bankruptcy
    Tribunal Upholds Committee of Creditors' Approval of Resolution Plan, Emphasizes Non-Interference with Commercial Judgment.
    December 17, 2022   Case LawsInsolvency and Bankruptcy
    Financial creditors' CIRP initiation faces fraud claims; Section 65 allows corporate debtors to contest malicious proceedings.
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    Highlights
    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2022
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    December 29, 2022   Case Laws Insolvency and Bankruptcy
    Tribunal Orders Claim Admittance as 'Other Creditors' After RP Rejects Financial Debt Status Due to Insufficient Proof.
    December 28, 2022   Case Laws Insolvency and Bankruptcy
    Court Defers to NCLT on Insolvency Case; Section 238 of IBC, 2016, and Section 430 of Companies Act, 2013, Apply.
    December 28, 2022   Case Laws Insolvency and Bankruptcy
    Asset Distribution in Liquidation: Prioritize Unsecured Creditors' Financial Debts per Section 53(1) After Employee Dues Settled.
    December 28, 2022   Case Laws Insolvency and Bankruptcy
    Section 14 of IBC 2016: Balancing Agreements and Liabilities During Corporate Insolvency Resolution Without Affecting Moratorium Period.
    December 24, 2022   Case Laws Insolvency and Bankruptcy
    No Further Extensions Allowed: Section 12 Proviso Bars Additional Insolvency Resolution Periods, Section 60(5) Cannot Override This.
    December 24, 2022   Case Laws Insolvency and Bankruptcy
    Supreme Court to Decide on Sole Arbitrator Appointment Amidst CIRP, No Stay on NCLAT Order Yet.
    December 24, 2022   Case Laws Insolvency and Bankruptcy
    Appellants' Objection to 2019 CoC-Approved Resolution Plan Dismissed; Plan Already Implemented, No Grounds for Reversal Found.
    December 24, 2022   Case Laws Insolvency and Bankruptcy
    Adjudicating Authority chooses Resolution Professional candidate from a single applicant, bypassing others; Indiabulls Housing Finance Ltd. not mentioned.
    December 24, 2022   Case Laws Insolvency and Bankruptcy
    Madras High Court Issues Interim Injunction on Disciplinary Actions, Does Not Address AFA Requirement Under Regulation 7A.
    December 24, 2022   Case Laws Insolvency and Bankruptcy
    Tribunal Rules Insolvency and Bankruptcy Code Prevails Over SARFAESI Act, Invalidating Sale Confirmation Amid Moratorium Violation.
    December 24, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Plan Approved with 97.18% Majority; Tribunal Affirms Priority of Employee Provident Fund Dues Under IA No.746/2021.
    December 23, 2022   Case Laws Insolvency and Bankruptcy
    Corporate Debtor's debt acknowledgment since 2010 allows Section 7 Application for CIRP, not barred by limitation period.
    December 22, 2022   Case Laws Insolvency and Bankruptcy
    NCLT orders CIRP initiation as Corporate Debtor fails to reconcile accounts after multiple requests from Operational Creditor.
    December 22, 2022   Case Laws Insolvency and Bankruptcy
    Appeal Refiled After 321 Days with New Facts; Allegations of Strategic Manipulation Acknowledged as Mistake, No Further Action.
    December 21, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Plan Approved for Corporate Debtor; Creditors Must Submit Claims Post-Regulation 12 Amendment.
    December 21, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Plan Approval Stresses Timely Asset Maximization; CoC Meeting Bars Late Third-Party Offers to Protect CIRP Integrity.
    December 21, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Clarifies Jurisdiction Limits u/s 7 of Insolvency Code; Jurisdiction Can't Be Assumed or Granted by Consent.
    December 17, 2022   Case Laws Insolvency and Bankruptcy
    Revenue Department Misses Filing Deadline for Excise Duty Claim in CIRP; No Funds Available for Recovery.
    December 17, 2022   Case Laws Insolvency and Bankruptcy
    Tribunal Upholds Committee of Creditors' Approval of Resolution Plan, Emphasizes Non-Interference with Commercial Judgment.
    December 17, 2022   Case Laws Insolvency and Bankruptcy
    Financial creditors' CIRP initiation faces fraud claims; Section 65 allows corporate debtors to contest malicious proceedings.

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      Insolvency and Bankruptcy

      Seeking replacement of Resolution Professional (RP) - Why the...

      Adjudicating Authority chooses Resolution Professional candidate from a single applicant, bypassing others; Indiabulls Housing Finance Ltd. not mentioned.

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      Insolvency and BankruptcyDecember 24, 2022Case LawsAT
      Seeking replacement of Resolution Professional (RP) - Why the Adjudicating Authority did not choose the name suggested by two Applicants and accepted the name suggested by one Applicant- ‘Indiabulls Housing Finance Ltd.’ has not been dealt with the order. - AT
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