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    February 29, 2024   Case LawsInsolvency and Bankruptcy
    Tribunal Denies Appeal Due to Delay Beyond 15-Day Limit Under Insolvency and Bankruptcy Code Section 61(2) Proviso.
    February 29, 2024   Case LawsInsolvency and Bankruptcy
    Tribunal Clarifies Time-Barred Debt Evaluation in Insolvency Cases, Upholds Appointment of Resolution Professional.
    February 29, 2024   Case LawsInsolvency and Bankruptcy
    Tribunal Confirms Loan Guarantor's Liability, Extends Limitation Period Due to Continuous Debt Acknowledgment.
    February 29, 2024   Case LawsInsolvency and Bankruptcy
    Resolution Professional Faulted for Breach in Handling Sealed Resolution Plan; Fresh Bids Ordered for Compliance.
    February 28, 2024   Case LawsInsolvency and Bankruptcy
    Appeal for Corporate Insolvency Resolution Process Dismissed Due to Time Bar and Insufficient Claim Threshold.
    February 28, 2024   Case LawsInsolvency and Bankruptcy
    Appeal Dismissed: Tribunal Upholds Rejection of Settlement Proposal by Creditors' Committee, Affirms Decision's Validity.
    February 27, 2024   Case LawsInsolvency and Bankruptcy
    Income Tax Dues Treatment as Operational Creditor in Resolution Plan Upheld by Tribunal Decision.
    February 26, 2024   Case LawsInsolvency and Bankruptcy
    Tribunal Upholds Liquidation of Bil Energy Systems, Dismissing Claims of Misleading Asset Valuation and Inadequate Resolution Plans.
    February 23, 2024   Case LawsInsolvency and Bankruptcy
    Appellate Authority Overturns CIRP Admission for NBFC, Questions Cost Allocation; Resolution Professional to Seek Further Ruling.
    February 23, 2024   Case LawsInsolvency and Bankruptcy
    Appeal Denied: Tribunal Upholds Rejection of Late Claims After Resolution Plan Approval, No Condonation Granted.
    February 22, 2024   Case LawsInsolvency and Bankruptcy
    Sales Commission Not Financial Debt Under IBC, NCLAT Rules; Attempts to Inflate Claim Amounts Criticized.
    February 21, 2024   Case LawsInsolvency and Bankruptcy
    NCLAT Rules: 90% CoC Approval Needed for Section 12A Proposal, Rejects Homebuyers' Majority as Full Support.
    February 21, 2024   Case LawsInsolvency and Bankruptcy
    Valuation Report Rejection Upheld; Tribunal Dismisses Challenge After Resolution Plan Approval.
    February 21, 2024   Case LawsInsolvency and Bankruptcy
    Insolvency Process Proceeds for Sinnar Thermal Power Despite Ongoing Arbitration and Disputes, Rules NCLAT.
    February 20, 2024   Case LawsInsolvency and Bankruptcy
    De Facto Control Under MoU Leads to Ineligibility for Resolution Plan Due to Section 29A(c) of IBC.
    February 20, 2024   Case LawsInsolvency and Bankruptcy
    Insolvency Plan Rejected for Ignoring Tax Dues; NCLAT Orders New CoC Meeting and Revised Submission for Approval.
    February 19, 2024   Case LawsInsolvency and Bankruptcy
    CIRP Period Extended by 60 Days; Tribunal Upholds CoC's Decision-Making Authority Under Insolvency and Bankruptcy Code.
    February 19, 2024   Case LawsInsolvency and Bankruptcy
    Real estate plot payment obligations not deemed financial debt, affecting allottees' status in insolvency cases.
    February 19, 2024   Case LawsInsolvency and Bankruptcy
    Tribunal Rejects Insolvency Application Due to Defective Documents; Orders Reassessment of Legal Compliance and Evidence.
    February 16, 2024   Case LawsInsolvency and Bankruptcy
    MSME's Resolution Plan Rejected; NCLAT Upholds CoC's Decision, Emphasizing Non-Interference in Commercial Judgments.
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    Highlights
    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2024
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    February 29, 2024   Case Laws Insolvency and Bankruptcy
    Tribunal Denies Appeal Due to Delay Beyond 15-Day Limit Under Insolvency and Bankruptcy Code Section 61(2) Proviso.
    February 29, 2024   Case Laws Insolvency and Bankruptcy
    Tribunal Clarifies Time-Barred Debt Evaluation in Insolvency Cases, Upholds Appointment of Resolution Professional.
    February 29, 2024   Case Laws Insolvency and Bankruptcy
    Tribunal Confirms Loan Guarantor's Liability, Extends Limitation Period Due to Continuous Debt Acknowledgment.
    February 29, 2024   Case Laws Insolvency and Bankruptcy
    Resolution Professional Faulted for Breach in Handling Sealed Resolution Plan; Fresh Bids Ordered for Compliance.
    February 28, 2024   Case Laws Insolvency and Bankruptcy
    Appeal for Corporate Insolvency Resolution Process Dismissed Due to Time Bar and Insufficient Claim Threshold.
    February 28, 2024   Case Laws Insolvency and Bankruptcy
    Appeal Dismissed: Tribunal Upholds Rejection of Settlement Proposal by Creditors' Committee, Affirms Decision's Validity.
    February 27, 2024   Case Laws Insolvency and Bankruptcy
    Income Tax Dues Treatment as Operational Creditor in Resolution Plan Upheld by Tribunal Decision.
    February 26, 2024   Case Laws Insolvency and Bankruptcy
    Tribunal Upholds Liquidation of Bil Energy Systems, Dismissing Claims of Misleading Asset Valuation and Inadequate Resolution Plans.
    February 23, 2024   Case Laws Insolvency and Bankruptcy
    Appellate Authority Overturns CIRP Admission for NBFC, Questions Cost Allocation; Resolution Professional to Seek Further Ruling.
    February 23, 2024   Case Laws Insolvency and Bankruptcy
    Appeal Denied: Tribunal Upholds Rejection of Late Claims After Resolution Plan Approval, No Condonation Granted.
    February 22, 2024   Case Laws Insolvency and Bankruptcy
    Sales Commission Not Financial Debt Under IBC, NCLAT Rules; Attempts to Inflate Claim Amounts Criticized.
    February 21, 2024   Case Laws Insolvency and Bankruptcy
    NCLAT Rules: 90% CoC Approval Needed for Section 12A Proposal, Rejects Homebuyers' Majority as Full Support.
    February 21, 2024   Case Laws Insolvency and Bankruptcy
    Valuation Report Rejection Upheld; Tribunal Dismisses Challenge After Resolution Plan Approval.
    February 21, 2024   Case Laws Insolvency and Bankruptcy
    Insolvency Process Proceeds for Sinnar Thermal Power Despite Ongoing Arbitration and Disputes, Rules NCLAT.
    February 20, 2024   Case Laws Insolvency and Bankruptcy
    De Facto Control Under MoU Leads to Ineligibility for Resolution Plan Due to Section 29A(c) of IBC.
    February 20, 2024   Case Laws Insolvency and Bankruptcy
    Insolvency Plan Rejected for Ignoring Tax Dues; NCLAT Orders New CoC Meeting and Revised Submission for Approval.
    February 19, 2024   Case Laws Insolvency and Bankruptcy
    CIRP Period Extended by 60 Days; Tribunal Upholds CoC's Decision-Making Authority Under Insolvency and Bankruptcy Code.
    February 19, 2024   Case Laws Insolvency and Bankruptcy
    Real estate plot payment obligations not deemed financial debt, affecting allottees' status in insolvency cases.
    February 19, 2024   Case Laws Insolvency and Bankruptcy
    Tribunal Rejects Insolvency Application Due to Defective Documents; Orders Reassessment of Legal Compliance and Evidence.
    February 16, 2024   Case Laws Insolvency and Bankruptcy
    MSME's Resolution Plan Rejected; NCLAT Upholds CoC's Decision, Emphasizing Non-Interference in Commercial Judgments.

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