CIRP against debtor & guarantor. Creditor loan secured by guarantee. Guarantor CIRP, haircut. Creditor filed Sec 7 for remaining dues against debtor.

Supreme Court Rules Approved Resolution Plan Binds All, Including Government; Extinguishes Unlisted Claims.

Wilful defaulter can't misuse IBC to evade debt; unclean hands disentitle Sec 10 relief. Stalling tactics, selective reprieve bid negate resolution ob...

Impleadment allowed sans prior notice; court's discretion. Appellant's contention rejected. Appeal dismissed for lack of merits.

Doctrine of necessity invoked to grant chance to deposit balance & avoid liquidation, enabling Corporate Debtor revival.

Resolution Professional Must Settle Electricity Dues During Insolvency Process; CoC Decisions Not Open to Judicial Review.

Dismissal of salary arrears claim for 103 employees. No double payment. RP not liable for CoC-approved payments during CIRP.

Creditor failed to prove debt & default against Corporate Debtor. Section 9 application rejected as debt fell in COVID-19 prohibited period.

EMD forfeiture upheld for non-payment after e-auction; bidder breached terms despite reminders. Sale certificate subject to tribunal orders.

NCLAT Upholds Section 7 Application Against Corporate Guarantor; Insufficient Assets Not a Barrier to Insolvency Process.

Appellate Tribunal permits Financial Creditor to amend default date, upholding Personal Guarantor's right to contest.

Section 7 application wrongly rejected despite debt & default. Assignment failed, liability remained. Interim injunction irrelevant for CIRP.

Section 33 IBC: Unlawful Income Tax Refund Adjustment Violates Stakeholder Rights During Liquidation; Case Remanded for Set-Off Determination.

Provident Fund, Gratuity, and Pension Dues Excluded from Liquidation Assets; Prioritized in Employee Payments.

NCLAT upheld re-verification of Pegasus's claim by RP & approval of Resolution Plan sans payment to appellant promoter.

Certified Copy Required for Appeals Under Insolvency Code; Free Copy Insufficient, Tribunal Clarifies Document Rules.

Homebuyers Cannot Challenge CoC-Approved Resolution Plans Under IBC and RERA; Payment Variations Across Creditors Valid.

Insolvency Proceedings Under IBC Section 7 Take Priority Over Conflicting Laws, NCLAT Rules.

Appellant proved continuous loan defaults by Respondent post IBC suspension. Debt admitted. Default date justified insolvency plea u/s 7. Appeal allow...

Corporate Debtor's Appeal Dismissed; CIRP Initiated for Unpaid Rent Under IBC, No Pre-Existing Dispute Found.