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    July 8, 2024   Case Laws Insolvency and Bankruptcy
    Corporate Debtor's Appeal Dismissed; CIRP Initiated for Unpaid Rent Under IBC, No Pre-Existing Dispute Found.
    July 8, 2024   Case Laws Insolvency and Bankruptcy
    Corporate guarantee survives IBC resolution plan for principal borrower. SC affirms guarantor's liability. NCLAT upholds admission against guarantor.
    July 8, 2024   Case Laws Insolvency and Bankruptcy
    Court Dismisses Appeal: No Novation in Settlement Agreement, Original Debt and Default Confirmed Under Insolvency Code.
    July 8, 2024   Case Laws Insolvency and Bankruptcy
    Adequate notice given, appellant's absence unjustified. Debt & default proven per IBC. No violation of natural justice. Rightful CIRP initiation.
    July 8, 2024   Case Laws Insolvency and Bankruptcy
    NCLAT Rules Purchaser Not Liable for Past Electricity Dues of Corporate Debtor; New Connection Requires Only Statutory Dues.
    July 6, 2024   Case Laws Insolvency and Bankruptcy
    Bombay High Court: Dishonored Cheques Are Financial Debt Under IBC, Section 7 Proceedings Valid Without Interest Agreement.
    July 6, 2024   Case Laws Insolvency and Bankruptcy
    Pre-existing dispute over machine defects & delays before demand notice upheld dismissal of application, rendering arguments immaterial. Appeal dismis...
    July 6, 2024   Case Laws Insolvency and Bankruptcy
    Supreme Court Upholds Rejection of Section 7 Application; Section 10A IBC Bars Insolvency for COVID Period Defaults.
    July 6, 2024   Case Laws Insolvency and Bankruptcy
    Corporate debtor defaulted on operational dues, triggering CIRP. Winding-up petition didn't halt limitation sans govt consent.
    July 5, 2024   Case Laws Insolvency and Bankruptcy
    Debt & default established through substantive evidence. Loan purpose irrelevant. Stamping issue inconsequential. AA's dismissal erroneous. Appeal all...
    July 4, 2024   Case Laws Insolvency and Bankruptcy
    NCLAT addressed contempt petition on RP fees. Adjudicating Authority can set fees under CIRP Regulations. Financial Creditor to pay fees and expenses.
    July 4, 2024   Case Laws Insolvency and Bankruptcy
    Resolution Plan Approval Upheld; Tribunal Dismisses Valuation Irregularities, SEBI Ban Claims as Unsubstantiated.
    July 4, 2024   Case Laws Insolvency and Bankruptcy
    Court Excludes 18-Month Period from Resolution Plan Timeline Due to Litigation, Overturns Liquidation Order.
    July 4, 2024   Case Laws Insolvency and Bankruptcy
    NCLAT clarified that certain allottees must meet new criteria for filing insolvency under IBC. Allottees like appellants must adhere to rules. Appeal ...
    July 4, 2024   Case Laws Insolvency and Bankruptcy
    Appellate Tribunal Rules Interest Claims Cannot Meet Insolvency Threshold; Dismisses Application for CIRP Initiation.
    July 4, 2024   Case Laws Insolvency and Bankruptcy
    Appellant's Failure to Implement Resolution Plan Leads to Liquidation Under Insolvency and Bankruptcy Code.
    July 3, 2024   Case Laws Insolvency and Bankruptcy
    Resolution Plan Upheld: Tribunal Confirms Compliance on Eligibility, Unsold Areas, and Funding; Dismisses Objections.
    July 3, 2024   Case Laws Insolvency and Bankruptcy
    NCLAT clarifies that moratorium under IBC starts upon filing, not registration. Emphasizes importance of filing date in legal proceedings.
    July 2, 2024   Circulars Insolvency and Bankruptcy
    New rules for monitoring liquidation processes under Insolvency & Bankruptcy Code! Insolvency Pros must file electronic forms for transparency
    July 1, 2024   Circulars Insolvency and Bankruptcy
    Insolvency Professionals Must E-File Voluntary Liquidation Forms to Enhance Efficiency and Compliance with IBC 2016.
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Highlights
All › IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2024
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July 8, 2024   Case Laws Insolvency and Bankruptcy
Corporate Debtor's Appeal Dismissed; CIRP Initiated for Unpaid Rent Under IBC, No Pre-Existing Dispute Found.
July 8, 2024   Case Laws Insolvency and Bankruptcy
Corporate guarantee survives IBC resolution plan for principal borrower. SC affirms guarantor's liability. NCLAT upholds admission against guarantor.
July 8, 2024   Case Laws Insolvency and Bankruptcy
Court Dismisses Appeal: No Novation in Settlement Agreement, Original Debt and Default Confirmed Under Insolvency Code.
July 8, 2024   Case Laws Insolvency and Bankruptcy
Adequate notice given, appellant's absence unjustified. Debt & default proven per IBC. No violation of natural justice. Rightful CIRP initiation.
July 8, 2024   Case Laws Insolvency and Bankruptcy
NCLAT Rules Purchaser Not Liable for Past Electricity Dues of Corporate Debtor; New Connection Requires Only Statutory Dues.
July 6, 2024   Case Laws Insolvency and Bankruptcy
Bombay High Court: Dishonored Cheques Are Financial Debt Under IBC, Section 7 Proceedings Valid Without Interest Agreement.
July 6, 2024   Case Laws Insolvency and Bankruptcy
Pre-existing dispute over machine defects & delays before demand notice upheld dismissal of application, rendering arguments immaterial. Appeal dismissed.
July 6, 2024   Case Laws Insolvency and Bankruptcy
Supreme Court Upholds Rejection of Section 7 Application; Section 10A IBC Bars Insolvency for COVID Period Defaults.
July 6, 2024   Case Laws Insolvency and Bankruptcy
Corporate debtor defaulted on operational dues, triggering CIRP. Winding-up petition didn't halt limitation sans govt consent.
July 5, 2024   Case Laws Insolvency and Bankruptcy
Debt & default established through substantive evidence. Loan purpose irrelevant. Stamping issue inconsequential. AA's dismissal erroneous. Appeal allowed.
July 4, 2024   Case Laws Insolvency and Bankruptcy
NCLAT addressed contempt petition on RP fees. Adjudicating Authority can set fees under CIRP Regulations. Financial Creditor to pay fees and expenses.
July 4, 2024   Case Laws Insolvency and Bankruptcy
Resolution Plan Approval Upheld; Tribunal Dismisses Valuation Irregularities, SEBI Ban Claims as Unsubstantiated.
July 4, 2024   Case Laws Insolvency and Bankruptcy
Court Excludes 18-Month Period from Resolution Plan Timeline Due to Litigation, Overturns Liquidation Order.
July 4, 2024   Case Laws Insolvency and Bankruptcy
NCLAT clarified that certain allottees must meet new criteria for filing insolvency under IBC. Allottees like appellants must adhere to rules. Appeal denied.
July 4, 2024   Case Laws Insolvency and Bankruptcy
Appellate Tribunal Rules Interest Claims Cannot Meet Insolvency Threshold; Dismisses Application for CIRP Initiation.
July 4, 2024   Case Laws Insolvency and Bankruptcy
Appellant's Failure to Implement Resolution Plan Leads to Liquidation Under Insolvency and Bankruptcy Code.
July 3, 2024   Case Laws Insolvency and Bankruptcy
Resolution Plan Upheld: Tribunal Confirms Compliance on Eligibility, Unsold Areas, and Funding; Dismisses Objections.
July 3, 2024   Case Laws Insolvency and Bankruptcy
NCLAT clarifies that moratorium under IBC starts upon filing, not registration. Emphasizes importance of filing date in legal proceedings.
July 2, 2024   Circulars Insolvency and Bankruptcy
New rules for monitoring liquidation processes under Insolvency & Bankruptcy Code! Insolvency Pros must file electronic forms for transparency
July 1, 2024   Circulars Insolvency and Bankruptcy
Insolvency Professionals Must E-File Voluntary Liquidation Forms to Enhance Efficiency and Compliance with IBC 2016.

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