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    February 13, 2023   Case Laws Insolvency and Bankruptcy
    CoC's Resolution Plan Approved; Financial Offer Satisfactory, Objective to Revive Debtor Within CIRP Timelines Must Be Upheld.
    February 10, 2023   Case Laws Insolvency and Bankruptcy
    CIRP Moratorium Halts Arbitral Tribunal Formation; Petitioner May Proceed Post-NCLT Decision and Moratorium Conclusion.
    February 10, 2023   Case Laws Insolvency and Bankruptcy
    NCLT Dismisses CIRP Application: Petitioner Fails to Prove Debt or Corporate Debtor's Liability Under Agreement for One Season.
    February 9, 2023   Case Laws Insolvency and Bankruptcy
    Income Tax Department's Claim Validated; New Promoter to Pay Outstanding Tax Dues as per Resolution Plan.
    February 8, 2023   Case Laws Insolvency and Bankruptcy
    Appeal Questions Dismissal of Financial Creditor's Petition; IBBI Seen as Aggrieved Party, Not the Appellant.
    February 8, 2023   Case Laws Insolvency and Bankruptcy
    Section 96: Creditors of Personal Guarantors Can Exclude Moratorium Period from Limitation Period for Filing Applications.
    February 7, 2023   Case Laws Insolvency and Bankruptcy
    Secured creditors must file claims by liquidation start date; late claims and extra interest not allowed.
    February 7, 2023   Case Laws Insolvency and Bankruptcy
    NCLT Rejects CIRP Application Due to Creditor Negligence; Section 7 Focuses on Debtor's Inability to Pay.
    February 2, 2023   Case Laws Insolvency and Bankruptcy
    NCLT Dismisses CIRP Application Over Alleged Breach of Fiduciary Duty in Consultancy Agreement Dispute.
    January 30, 2023   Case Laws Insolvency and Bankruptcy
    Section 9 Application Dismissed: Genuine Dispute Raised by Corporate Debtor in Insolvency Proceedings.
    January 27, 2023   Case Laws Insolvency and Bankruptcy
    Court Overturns Private Sale Approval; Liquidator to Use Swiss Challenge Method for Asset Auction Under IBC Section 33.
    January 25, 2023   Case Laws Insolvency and Bankruptcy
    Tribunal Confirms Resolution Plan Validity Under Insolvency Code; No Discrimination Among Operational Creditors per Section 30(2)(b.
    January 23, 2023   Case Laws Insolvency and Bankruptcy
    Section 66(1) targets fraudulent trading, holding individuals accountable in insolvency, unlike sections focused on transaction avoidance.
    January 23, 2023   Case Laws Insolvency and Bankruptcy
    Court Allows Condonation Application for Potential Delay in Insolvency Appeal; No Actual Delay Found.
    January 20, 2023   Case Laws Insolvency and Bankruptcy
    CoC Voting on Resolution Plans Interrupted by Order; Urged to Resume and Conclude Voting Process Promptly from August 3, 2022 Decision.
    January 19, 2023   Case Laws Insolvency and Bankruptcy
    NCLT's Section 9 CIRP Admission Overturned Due to Lack of Undisputed Debt and Incomplete Fact Consideration.
    January 19, 2023   Case Laws Insolvency and Bankruptcy
    CIRP Application Denied: Toll Tax Dispute with SDMC Not Operational Debt Due to Ongoing Legal Challenges.
    January 18, 2023   Case Laws Insolvency and Bankruptcy
    Court Rules No Statutory Basis for Electricity Provider to Claim Unpaid Dues from Auction Buyer in CIRP Case.
    January 17, 2023   Case Laws Insolvency and Bankruptcy
    Insolvency Funds from Avoided Transactions Must Enhance Creditor Asset Pool, Not Go to Resolution Applicant.
    January 14, 2023   Case Laws Insolvency and Bankruptcy
    CIRP Application Dismissed: Limitation Period Exceeded; TDS Deduction Not Enough to Prove Interest Payment.
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Highlights
All › IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2023
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February 13, 2023   Case Laws Insolvency and Bankruptcy
CoC's Resolution Plan Approved; Financial Offer Satisfactory, Objective to Revive Debtor Within CIRP Timelines Must Be Upheld.
February 10, 2023   Case Laws Insolvency and Bankruptcy
CIRP Moratorium Halts Arbitral Tribunal Formation; Petitioner May Proceed Post-NCLT Decision and Moratorium Conclusion.
February 10, 2023   Case Laws Insolvency and Bankruptcy
NCLT Dismisses CIRP Application: Petitioner Fails to Prove Debt or Corporate Debtor's Liability Under Agreement for One Season.
February 9, 2023   Case Laws Insolvency and Bankruptcy
Income Tax Department's Claim Validated; New Promoter to Pay Outstanding Tax Dues as per Resolution Plan.
February 8, 2023   Case Laws Insolvency and Bankruptcy
Appeal Questions Dismissal of Financial Creditor's Petition; IBBI Seen as Aggrieved Party, Not the Appellant.
February 8, 2023   Case Laws Insolvency and Bankruptcy
Section 96: Creditors of Personal Guarantors Can Exclude Moratorium Period from Limitation Period for Filing Applications.
February 7, 2023   Case Laws Insolvency and Bankruptcy
Secured creditors must file claims by liquidation start date; late claims and extra interest not allowed.
February 7, 2023   Case Laws Insolvency and Bankruptcy
NCLT Rejects CIRP Application Due to Creditor Negligence; Section 7 Focuses on Debtor's Inability to Pay.
February 2, 2023   Case Laws Insolvency and Bankruptcy
NCLT Dismisses CIRP Application Over Alleged Breach of Fiduciary Duty in Consultancy Agreement Dispute.
January 30, 2023   Case Laws Insolvency and Bankruptcy
Section 9 Application Dismissed: Genuine Dispute Raised by Corporate Debtor in Insolvency Proceedings.
January 27, 2023   Case Laws Insolvency and Bankruptcy
Court Overturns Private Sale Approval; Liquidator to Use Swiss Challenge Method for Asset Auction Under IBC Section 33.
January 25, 2023   Case Laws Insolvency and Bankruptcy
Tribunal Confirms Resolution Plan Validity Under Insolvency Code; No Discrimination Among Operational Creditors per Section 30(2)(b.
January 23, 2023   Case Laws Insolvency and Bankruptcy
Section 66(1) targets fraudulent trading, holding individuals accountable in insolvency, unlike sections focused on transaction avoidance.
January 23, 2023   Case Laws Insolvency and Bankruptcy
Court Allows Condonation Application for Potential Delay in Insolvency Appeal; No Actual Delay Found.
January 20, 2023   Case Laws Insolvency and Bankruptcy
CoC Voting on Resolution Plans Interrupted by Order; Urged to Resume and Conclude Voting Process Promptly from August 3, 2022 Decision.
January 19, 2023   Case Laws Insolvency and Bankruptcy
NCLT's Section 9 CIRP Admission Overturned Due to Lack of Undisputed Debt and Incomplete Fact Consideration.
January 19, 2023   Case Laws Insolvency and Bankruptcy
CIRP Application Denied: Toll Tax Dispute with SDMC Not Operational Debt Due to Ongoing Legal Challenges.
January 18, 2023   Case Laws Insolvency and Bankruptcy
Court Rules No Statutory Basis for Electricity Provider to Claim Unpaid Dues from Auction Buyer in CIRP Case.
January 17, 2023   Case Laws Insolvency and Bankruptcy
Insolvency Funds from Avoided Transactions Must Enhance Creditor Asset Pool, Not Go to Resolution Applicant.
January 14, 2023   Case Laws Insolvency and Bankruptcy
CIRP Application Dismissed: Limitation Period Exceeded; TDS Deduction Not Enough to Prove Interest Payment.

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