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    September 28, 2022   Case LawsInsolvency and Bankruptcy
    Court Error in Rejecting Claim: No Evidence Loan to Corporate Debtor Was Repaid, Says Appellant.
    September 27, 2022   Case LawsInsolvency and Bankruptcy
    Directors' Genuine Belief in Recovery Shields Them from Fraudulent Trading Liability in Business Struggles.
    September 26, 2022   Case LawsInsolvency and Bankruptcy
    Performance Bank Guarantees not protected by Section 14 moratorium; funds can aid corporate debtor's operations.
    September 26, 2022   Case LawsInsolvency and Bankruptcy
    Resolution Plan Approved: Full Payment of Workman and Statutory Dues Despite Low Claim Admission; Operational Creditors Can't Challenge CoC Decisions.
    September 24, 2022   Case LawsInsolvency and Bankruptcy
    Shareholder Nomination Valid Despite Lack of Unanimity; Liquidator Can't Dismiss Based on Majority Support per Regulation 31A(4).
    September 24, 2022   Case LawsInsolvency and Bankruptcy
    Resolution Professional Cannot Admit Claims Suo-Motu in Insolvency; Claims Must Be Filed by Creditors in Form-B or Form-C.
    September 23, 2022   Case LawsInsolvency and Bankruptcy
    Section 7 IBC allows proceedings against two corporate debtors, but full debt recovery from one ends further claims.
    September 23, 2022   Case LawsInsolvency and Bankruptcy
    Withdrawal Application Under IBC Section 7 Allowed Before Creditor Committee Formation to Facilitate Settlements and Protect Livelihoods.
    September 23, 2022   Case LawsInsolvency and Bankruptcy
    Insolvency Petition Valid: OTS Does Not Novate Debt, Guarantor's Liability Remains Co-Extensive with Original Agreement.
    September 23, 2022   Case LawsInsolvency and Bankruptcy
    Resolution Professionals' Role Ends After Plan Approval; No Further Action Allowed Post-Adjudication Authority's Decision.
    September 22, 2022   Case LawsInsolvency and Bankruptcy
    Operational Creditor Must Prove Default of One Crore Rupees to Start Insolvency Process u/s 9.
    September 22, 2022   Case LawsInsolvency and Bankruptcy
    NCLT's Decision to Extend CIRP Under Scrutiny for Alleged Arbitrary Actions, Raising Concerns Over Legal Standards Compliance.
    September 21, 2022   Case LawsInsolvency and Bankruptcy
    Tribunal Rejects Late Financial Debt Claim in CIRP, Citing Strict Timelines in Insolvency and Bankruptcy Code.
    September 21, 2022   Case LawsInsolvency and Bankruptcy
    Court Examines Judicial Limits in Overriding CoC's Approved Insolvency Resolution Plan Under CIRP Process.
    September 21, 2022   Case LawsInsolvency and Bankruptcy
    Landowners' Share Under Development Agreement Not Financial Debt Per Section 5(8)(f) of Insolvency Code.
    September 20, 2022   Case LawsInsolvency and Bankruptcy
    Limitation Act applies to IBC proceedings; Section 7 CIRP in NCLT not preserved by winding-up petition filing.
    September 19, 2022   Case LawsInsolvency and Bankruptcy
    Auction Validity Confirmed: Liquidator's Reduced Upset Price Complies with IBBI Rules 4A and 4B; No Errors Found.
    September 17, 2022   Case LawsInsolvency and Bankruptcy
    Secured Creditors' Priority Limited to Security Interest per Section 53(1)(b)(ii) of Insolvency and Bankruptcy Code.
    September 17, 2022   Case LawsInsolvency and Bankruptcy
    Court Upholds Decision: Assignment Deed Not Executed in Good Faith, Blocks Indirect CoC Access Via Applicant Assignee.
    September 15, 2022   Case LawsInsolvency and Bankruptcy
    Liquidator's Interpretation of IBC Sections 63 and 231 Could Invalidate Section 33(5), Affecting Pending Suits' Moratorium.
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    Highlights
    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2022 › IBC - Insolvency and Bankruptcy - 2022 - September
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    September 28, 2022   Case Laws Insolvency and Bankruptcy
    Court Error in Rejecting Claim: No Evidence Loan to Corporate Debtor Was Repaid, Says Appellant.
    September 27, 2022   Case Laws Insolvency and Bankruptcy
    Directors' Genuine Belief in Recovery Shields Them from Fraudulent Trading Liability in Business Struggles.
    September 26, 2022   Case Laws Insolvency and Bankruptcy
    Performance Bank Guarantees not protected by Section 14 moratorium; funds can aid corporate debtor's operations.
    September 26, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Plan Approved: Full Payment of Workman and Statutory Dues Despite Low Claim Admission; Operational Creditors Can't Challenge CoC Decisions.
    September 24, 2022   Case Laws Insolvency and Bankruptcy
    Shareholder Nomination Valid Despite Lack of Unanimity; Liquidator Can't Dismiss Based on Majority Support per Regulation 31A(4).
    September 24, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Professional Cannot Admit Claims Suo-Motu in Insolvency; Claims Must Be Filed by Creditors in Form-B or Form-C.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Section 7 IBC allows proceedings against two corporate debtors, but full debt recovery from one ends further claims.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Withdrawal Application Under IBC Section 7 Allowed Before Creditor Committee Formation to Facilitate Settlements and Protect Livelihoods.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Insolvency Petition Valid: OTS Does Not Novate Debt, Guarantor's Liability Remains Co-Extensive with Original Agreement.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Professionals' Role Ends After Plan Approval; No Further Action Allowed Post-Adjudication Authority's Decision.
    September 22, 2022   Case Laws Insolvency and Bankruptcy
    Operational Creditor Must Prove Default of One Crore Rupees to Start Insolvency Process u/s 9.
    September 22, 2022   Case Laws Insolvency and Bankruptcy
    NCLT's Decision to Extend CIRP Under Scrutiny for Alleged Arbitrary Actions, Raising Concerns Over Legal Standards Compliance.
    September 21, 2022   Case Laws Insolvency and Bankruptcy
    Tribunal Rejects Late Financial Debt Claim in CIRP, Citing Strict Timelines in Insolvency and Bankruptcy Code.
    September 21, 2022   Case Laws Insolvency and Bankruptcy
    Court Examines Judicial Limits in Overriding CoC's Approved Insolvency Resolution Plan Under CIRP Process.
    September 21, 2022   Case Laws Insolvency and Bankruptcy
    Landowners' Share Under Development Agreement Not Financial Debt Per Section 5(8)(f) of Insolvency Code.
    September 20, 2022   Case Laws Insolvency and Bankruptcy
    Limitation Act applies to IBC proceedings; Section 7 CIRP in NCLT not preserved by winding-up petition filing.
    September 19, 2022   Case Laws Insolvency and Bankruptcy
    Auction Validity Confirmed: Liquidator's Reduced Upset Price Complies with IBBI Rules 4A and 4B; No Errors Found.
    September 17, 2022   Case Laws Insolvency and Bankruptcy
    Secured Creditors' Priority Limited to Security Interest per Section 53(1)(b)(ii) of Insolvency and Bankruptcy Code.
    September 17, 2022   Case Laws Insolvency and Bankruptcy
    Court Upholds Decision: Assignment Deed Not Executed in Good Faith, Blocks Indirect CoC Access Via Applicant Assignee.
    September 15, 2022   Case Laws Insolvency and Bankruptcy
    Liquidator's Interpretation of IBC Sections 63 and 231 Could Invalidate Section 33(5), Affecting Pending Suits' Moratorium.

    Highlights

    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2022 › IBC - Insolvency and Bankruptcy - 2022 - September
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