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    April 28, 2023   Case LawsInsolvency and Bankruptcy
    Forest Law Supersedes IBC: NCLT Can't Enforce Windmill Operations Without Forest Clearances Despite Prior State Approval.
    April 28, 2023   Case LawsInsolvency and Bankruptcy
    Insolvency Code Section 233 shields resolution professionals acting in good faith, but bribery cases face prosecution under anti-corruption laws.
    April 28, 2023   Case LawsInsolvency and Bankruptcy
    Bank's CIRP Initiation Fails Due to Lack of Written Acknowledgment Extending Limitation Period u/s 13(2) SARFAESI Act.
    April 28, 2023   Case LawsInsolvency and Bankruptcy
    "Financial Affairs of Corporate Debtor" Limited in Scope for Insolvency & Bankruptcy; Loans Not Included.
    April 27, 2023   Case LawsInsolvency and Bankruptcy
    Authority Admits Section 7 Application for CIRP; Corporate Debtor Forfeits Right to Respond by Inaction.
    April 27, 2023   Case LawsInsolvency and Bankruptcy
    Eviction Jurisdiction Contested: NCLT Affirms Jurisdiction Over Small Causes Court, Appellant's Non-Disclosure Cited in Decision.
    April 24, 2023   Case LawsInsolvency and Bankruptcy
    Appellant Settles Dues with Three Creditors; No Justification to Prevent Settlement with Fourth Creditor in Liquidation Case.
    April 22, 2023   Case LawsInsolvency and Bankruptcy
    Petition Attempts to Shift SARFAESI Proceedings to Pre-Packaged Insolvency under IBC, Seen as Delaying Tactic.
    April 22, 2023   Case LawsInsolvency and Bankruptcy
    Appeal Deadline Extension Denied u/s 61(2) IBC Due to Insufficient Cause for Delay Beyond Allowed 15 Days.
    April 21, 2023   Case LawsInsolvency and Bankruptcy
    Resolution Professional Penalized Rs. 1 Lakh for Failing to Notify Operational Creditors with 10% Debt in CoC Meetings.
    April 20, 2023   Case LawsInsolvency and Bankruptcy
    NCLT Admits CIRP Application; Post-CoC Settlement Needs 90% Approval, December 8 Settlement Can't Challenge November 11 Order.
    April 15, 2023   Case LawsInsolvency and Bankruptcy
    Insolvency application u/s 7 admitted if debt and default proven; frivolous defenses dismissed by tribunal.
    April 13, 2023   Case LawsInsolvency and Bankruptcy
    Corporate Debtor Ordered to Pay Debenture Holders Directly; Section 7 Application Rightly Admitted Under IBC.
    April 13, 2023   Case LawsInsolvency and Bankruptcy
    Guarantor's Liability Matches Borrower's Debt u/s 128: Acknowledgment Affects CIRP Limitation Period.
    April 12, 2023   Case LawsInsolvency and Bankruptcy
    CoC Must Respect Registered Valuers' Liquidation Value in Resolution Process; Fresh Valuation Only with Valid Reasons.
    April 12, 2023   Case LawsInsolvency and Bankruptcy
    Appellant's Claim Rejected for Late Submission Beyond Creditor Invitation Period; Resolution Plan Bars Further Claims.
    April 8, 2023   Case LawsInsolvency and Bankruptcy
    Court Rules Financial Creditor's Application Against Personal Guarantor for CIRP Fully Maintainable; Adjudicating Authority Erred.
    April 4, 2023   Case LawsInsolvency and Bankruptcy
    Resolution Plan Under CIRP Allegedly Obtained Fraudulently; Applicant Expected to Request Administrator's Action.
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    Highlights
    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2023 › IBC - Insolvency and Bankruptcy - 2023 - April
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    April 28, 2023   Case Laws Insolvency and Bankruptcy
    Forest Law Supersedes IBC: NCLT Can't Enforce Windmill Operations Without Forest Clearances Despite Prior State Approval.
    April 28, 2023   Case Laws Insolvency and Bankruptcy
    Insolvency Code Section 233 shields resolution professionals acting in good faith, but bribery cases face prosecution under anti-corruption laws.
    April 28, 2023   Case Laws Insolvency and Bankruptcy
    Bank's CIRP Initiation Fails Due to Lack of Written Acknowledgment Extending Limitation Period u/s 13(2) SARFAESI Act.
    April 28, 2023   Case Laws Insolvency and Bankruptcy
    "Financial Affairs of Corporate Debtor" Limited in Scope for Insolvency & Bankruptcy; Loans Not Included.
    April 27, 2023   Case Laws Insolvency and Bankruptcy
    Authority Admits Section 7 Application for CIRP; Corporate Debtor Forfeits Right to Respond by Inaction.
    April 27, 2023   Case Laws Insolvency and Bankruptcy
    Eviction Jurisdiction Contested: NCLT Affirms Jurisdiction Over Small Causes Court, Appellant's Non-Disclosure Cited in Decision.
    April 24, 2023   Case Laws Insolvency and Bankruptcy
    Appellant Settles Dues with Three Creditors; No Justification to Prevent Settlement with Fourth Creditor in Liquidation Case.
    April 22, 2023   Case Laws Insolvency and Bankruptcy
    Petition Attempts to Shift SARFAESI Proceedings to Pre-Packaged Insolvency under IBC, Seen as Delaying Tactic.
    April 22, 2023   Case Laws Insolvency and Bankruptcy
    Appeal Deadline Extension Denied u/s 61(2) IBC Due to Insufficient Cause for Delay Beyond Allowed 15 Days.
    April 21, 2023   Case Laws Insolvency and Bankruptcy
    Resolution Professional Penalized Rs. 1 Lakh for Failing to Notify Operational Creditors with 10% Debt in CoC Meetings.
    April 20, 2023   Case Laws Insolvency and Bankruptcy
    NCLT Admits CIRP Application; Post-CoC Settlement Needs 90% Approval, December 8 Settlement Can't Challenge November 11 Order.
    April 15, 2023   Case Laws Insolvency and Bankruptcy
    Insolvency application u/s 7 admitted if debt and default proven; frivolous defenses dismissed by tribunal.
    April 13, 2023   Case Laws Insolvency and Bankruptcy
    Corporate Debtor Ordered to Pay Debenture Holders Directly; Section 7 Application Rightly Admitted Under IBC.
    April 13, 2023   Case Laws Insolvency and Bankruptcy
    Guarantor's Liability Matches Borrower's Debt u/s 128: Acknowledgment Affects CIRP Limitation Period.
    April 12, 2023   Case Laws Insolvency and Bankruptcy
    CoC Must Respect Registered Valuers' Liquidation Value in Resolution Process; Fresh Valuation Only with Valid Reasons.
    April 12, 2023   Case Laws Insolvency and Bankruptcy
    Appellant's Claim Rejected for Late Submission Beyond Creditor Invitation Period; Resolution Plan Bars Further Claims.
    April 8, 2023   Case Laws Insolvency and Bankruptcy
    Court Rules Financial Creditor's Application Against Personal Guarantor for CIRP Fully Maintainable; Adjudicating Authority Erred.
    April 4, 2023   Case Laws Insolvency and Bankruptcy
    Resolution Plan Under CIRP Allegedly Obtained Fraudulently; Applicant Expected to Request Administrator's Action.

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    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2023 › IBC - Insolvency and Bankruptcy - 2023 - April
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