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    July 30, 2020   Case LawsInsolvency and Bankruptcy
    Court Upholds CoC's Decision: No Grounds to Challenge Approval of SPTL's Plan; Process Deemed Fair and Proper.
    July 23, 2020   Case LawsInsolvency and Bankruptcy
    Court Rules No Jurisdiction to Alter Resolution Plan Post-Approval; Changes Beyond Clerical Errors Not Permitted.
    July 23, 2020   Case LawsInsolvency and Bankruptcy
    CIRP Can Proceed Despite SARFAESI Actions; Insolvency Code Offers "Remedy in Rem" for Financial Creditors.
    July 18, 2020   Case LawsInsolvency and Bankruptcy
    Secured Creditor Can't Realize Security Interest in Liquidation Due to Insufficient 60% Stake Under SARFAESI Act Section 13(9.
    July 18, 2020   Case LawsInsolvency and Bankruptcy
    Police Halt Action on FIR Related to Transaction Under CIRP, Await Conclusion of Insolvency Process for Next Steps.
    July 16, 2020   Case LawsInsolvency and Bankruptcy
    Court Approves Removal of Goods from Customs Warehouse Without Duties Under IBC 2016, Section 53 & 238A.
    July 14, 2020   Case LawsInsolvency and Bankruptcy
    Settlement Reached to Exit CIRP Before Creditor Committee Formation, Potentially Undermining Other Stakeholders' Interests.
    July 14, 2020   Case LawsInsolvency and Bankruptcy
    Insolvency Professional Faces Six-Month Suspension, Ordered to Reimburse Rs. 73,87,642 for IRPC Misallocation.
    July 10, 2020   Case LawsInsolvency and Bankruptcy
    CIRP Barred for Financial Creditor Against Multiple Debtors or Guarantors for Same Claim Amount Under IBC Rules.
    July 10, 2020   Case LawsInsolvency and Bankruptcy
    Adjudicating Authority Opts Against CIRP for Export Company Citing Socio-Economic Impact and Anticipated Recovery u/s 7(5.
    July 7, 2020   Case LawsInsolvency and Bankruptcy
    Court Rules Liquidator Not Responsible for Compounding Fees in Pre-CIRP Income Tax Offence u/ss 276-B, 278-B.
    July 6, 2020   Case LawsInsolvency and Bankruptcy
    Financial Creditor Rights in CIRP: Bank of India Can Enforce Against Corporate Debtor Without Restriction. No Dispute on Debt Default.
    July 3, 2020   Case LawsInsolvency and Bankruptcy
    Petition for Corporate Insolvency Resolution Process dismissed; company not insolvent, experiencing growth, no financial debt found.
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    Highlights
    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2020
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    July 30, 2020   Case Laws Insolvency and Bankruptcy
    Court Upholds CoC's Decision: No Grounds to Challenge Approval of SPTL's Plan; Process Deemed Fair and Proper.
    July 23, 2020   Case Laws Insolvency and Bankruptcy
    Court Rules No Jurisdiction to Alter Resolution Plan Post-Approval; Changes Beyond Clerical Errors Not Permitted.
    July 23, 2020   Case Laws Insolvency and Bankruptcy
    CIRP Can Proceed Despite SARFAESI Actions; Insolvency Code Offers "Remedy in Rem" for Financial Creditors.
    July 18, 2020   Case Laws Insolvency and Bankruptcy
    Secured Creditor Can't Realize Security Interest in Liquidation Due to Insufficient 60% Stake Under SARFAESI Act Section 13(9.
    July 18, 2020   Case Laws Insolvency and Bankruptcy
    Police Halt Action on FIR Related to Transaction Under CIRP, Await Conclusion of Insolvency Process for Next Steps.
    July 16, 2020   Case Laws Insolvency and Bankruptcy
    Court Approves Removal of Goods from Customs Warehouse Without Duties Under IBC 2016, Section 53 & 238A.
    July 14, 2020   Case Laws Insolvency and Bankruptcy
    Settlement Reached to Exit CIRP Before Creditor Committee Formation, Potentially Undermining Other Stakeholders' Interests.
    July 14, 2020   Case Laws Insolvency and Bankruptcy
    Insolvency Professional Faces Six-Month Suspension, Ordered to Reimburse Rs. 73,87,642 for IRPC Misallocation.
    July 10, 2020   Case Laws Insolvency and Bankruptcy
    CIRP Barred for Financial Creditor Against Multiple Debtors or Guarantors for Same Claim Amount Under IBC Rules.
    July 10, 2020   Case Laws Insolvency and Bankruptcy
    Adjudicating Authority Opts Against CIRP for Export Company Citing Socio-Economic Impact and Anticipated Recovery u/s 7(5.
    July 7, 2020   Case Laws Insolvency and Bankruptcy
    Court Rules Liquidator Not Responsible for Compounding Fees in Pre-CIRP Income Tax Offence u/ss 276-B, 278-B.
    July 6, 2020   Case Laws Insolvency and Bankruptcy
    Financial Creditor Rights in CIRP: Bank of India Can Enforce Against Corporate Debtor Without Restriction. No Dispute on Debt Default.
    July 3, 2020   Case Laws Insolvency and Bankruptcy
    Petition for Corporate Insolvency Resolution Process dismissed; company not insolvent, experiencing growth, no financial debt found.

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