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    June 30, 2021   Case LawsInsolvency and Bankruptcy
    Resolution Plan for Financial Service Providers Under Review; Calls to Protect Small Investors Over Larger Institutions.
    June 26, 2021   Case LawsInsolvency and Bankruptcy
    NCLT Order Overturned Due to Lack of Proper Communication to Parties, Including Interim Resolution Professional.
    June 25, 2021   Case LawsInsolvency and Bankruptcy
    Gifts to related parties ruled undervalued u/s 45 of IBC 2016; Liquidator's claims against Respondents upheld.
    June 21, 2021   Case LawsInsolvency and Bankruptcy
    Supreme Court Upholds Committee of Creditors' Decision on Priority and Security Interest in Resolution Plan.
    June 19, 2021   Case LawsInsolvency and Bankruptcy
    CIRP Application Dismissed: Disputed MOU Validity Requires Investigation, No Debtor-Creditor Relationship Found u/s 9.
    June 19, 2021   Case LawsInsolvency and Bankruptcy
    Delay Condonation Denied: Applicant Fails to Justify; Resolution Plan Awaits CoC Approval; Statutory Dues Unquantified.
    June 17, 2021   Case LawsInsolvency and Bankruptcy
    Adjudicating Authority's Omission of Notice to Personal Guarantor u/s 95 Doesn't Violate Natural Justice Principles.
    June 17, 2021   Case LawsInsolvency and Bankruptcy
    Real estate project enters CIRP due to financial debt and default under Insolvency and Bankruptcy Code sections 5(8) & 3(12).
    June 14, 2021   Case LawsInsolvency and Bankruptcy
    Tribunal Rejects Financial Creditor's Claim Due to Time-Barred Debt and Lack of Documentation.
    June 14, 2021   Case LawsInsolvency and Bankruptcy
    Corporate Debtor's Fraud in CIRP Uncovered via Emails; Ineligible for Further Payments Due to Purchase Order Violations.
    June 12, 2021   Case LawsInsolvency and Bankruptcy
    Claim Under IBC Section 60(5) Denied as Time-Barred by Limitation Act; Recovery via Civil Court Not Permitted.
    June 11, 2021   Case LawsInsolvency and Bankruptcy
    Moratorium in CIRP under IBC Section 14 doesn't cover bank guarantee encashment unless fraud is involved; IOCL can proceed.
    June 11, 2021   Case LawsInsolvency and Bankruptcy
    Section 32A of Insolvency Code Shields Debtors from New Claims Post-Resolution Plan Approval; Validity Upheld by Tribunal.
    June 9, 2021   Case LawsInsolvency and Bankruptcy
    Court Rejects Applicant's Claim for Fresh CIRP After Delays; Stresses Timely Resolution Under Insolvency and Bankruptcy Code.
    June 7, 2021   Case LawsInsolvency and Bankruptcy
    Court Allows Bank Account Access for Petitioner Amid CIRP, Citing Hardship & Unnecessary Freezing During Investigation.
    June 3, 2021   Case LawsInsolvency and Bankruptcy
    CIRP Application Dismissed: Applicant Failed to Prove "Debt" and "Default" Under Insolvency and Bankruptcy Code's Strict Standards.
    June 2, 2021   Case LawsInsolvency and Bankruptcy
    Successful Bidder Must Pay Rs. 6 Lakh in Statutory Dues After E-Auction Under Insolvency and Bankruptcy Code, 2016.
    June 1, 2021   Case LawsInsolvency and Bankruptcy
    CIRP Application Dismissed: Missing Due Date, Default Date, and Invoices u/s 9 of Insolvency Code.
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    Highlights
    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2021 › IBC - Insolvency and Bankruptcy - 2021 - June
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    June 30, 2021   Case Laws Insolvency and Bankruptcy
    Resolution Plan for Financial Service Providers Under Review; Calls to Protect Small Investors Over Larger Institutions.
    June 26, 2021   Case Laws Insolvency and Bankruptcy
    NCLT Order Overturned Due to Lack of Proper Communication to Parties, Including Interim Resolution Professional.
    June 25, 2021   Case Laws Insolvency and Bankruptcy
    Gifts to related parties ruled undervalued u/s 45 of IBC 2016; Liquidator's claims against Respondents upheld.
    June 21, 2021   Case Laws Insolvency and Bankruptcy
    Supreme Court Upholds Committee of Creditors' Decision on Priority and Security Interest in Resolution Plan.
    June 19, 2021   Case Laws Insolvency and Bankruptcy
    CIRP Application Dismissed: Disputed MOU Validity Requires Investigation, No Debtor-Creditor Relationship Found u/s 9.
    June 19, 2021   Case Laws Insolvency and Bankruptcy
    Delay Condonation Denied: Applicant Fails to Justify; Resolution Plan Awaits CoC Approval; Statutory Dues Unquantified.
    June 17, 2021   Case Laws Insolvency and Bankruptcy
    Adjudicating Authority's Omission of Notice to Personal Guarantor u/s 95 Doesn't Violate Natural Justice Principles.
    June 17, 2021   Case Laws Insolvency and Bankruptcy
    Real estate project enters CIRP due to financial debt and default under Insolvency and Bankruptcy Code sections 5(8) & 3(12).
    June 14, 2021   Case Laws Insolvency and Bankruptcy
    Tribunal Rejects Financial Creditor's Claim Due to Time-Barred Debt and Lack of Documentation.
    June 14, 2021   Case Laws Insolvency and Bankruptcy
    Corporate Debtor's Fraud in CIRP Uncovered via Emails; Ineligible for Further Payments Due to Purchase Order Violations.
    June 12, 2021   Case Laws Insolvency and Bankruptcy
    Claim Under IBC Section 60(5) Denied as Time-Barred by Limitation Act; Recovery via Civil Court Not Permitted.
    June 11, 2021   Case Laws Insolvency and Bankruptcy
    Moratorium in CIRP under IBC Section 14 doesn't cover bank guarantee encashment unless fraud is involved; IOCL can proceed.
    June 11, 2021   Case Laws Insolvency and Bankruptcy
    Section 32A of Insolvency Code Shields Debtors from New Claims Post-Resolution Plan Approval; Validity Upheld by Tribunal.
    June 9, 2021   Case Laws Insolvency and Bankruptcy
    Court Rejects Applicant's Claim for Fresh CIRP After Delays; Stresses Timely Resolution Under Insolvency and Bankruptcy Code.
    June 7, 2021   Case Laws Insolvency and Bankruptcy
    Court Allows Bank Account Access for Petitioner Amid CIRP, Citing Hardship & Unnecessary Freezing During Investigation.
    June 3, 2021   Case Laws Insolvency and Bankruptcy
    CIRP Application Dismissed: Applicant Failed to Prove "Debt" and "Default" Under Insolvency and Bankruptcy Code's Strict Standards.
    June 2, 2021   Case Laws Insolvency and Bankruptcy
    Successful Bidder Must Pay Rs. 6 Lakh in Statutory Dues After E-Auction Under Insolvency and Bankruptcy Code, 2016.
    June 1, 2021   Case Laws Insolvency and Bankruptcy
    CIRP Application Dismissed: Missing Due Date, Default Date, and Invoices u/s 9 of Insolvency Code.

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    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2021 › IBC - Insolvency and Bankruptcy - 2021 - June
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