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    February 11, 2022   Case Laws Insolvency and Bankruptcy
    IBC 2016: Operational Creditor's Application Inadmissible if Debt is Disputed; Seek Civil Court for Triable Issues.
    February 10, 2022   Case Laws Insolvency and Bankruptcy
    Court Orders Reconsideration of Appellant's Claim; Arbitration Award Must Be Considered by Resolution Professional.
    February 10, 2022   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Resolution Process (CIRP) demands evidence; mere allegations don't suffice. Claim for unpaid salary admitted.
    February 8, 2022   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Process Violated Code; Committee of Creditors Invalid, Leading to Flawed Decisions and Liquidation Order Overturned.
    February 7, 2022   Case Laws Insolvency and Bankruptcy
    Appellant initiates CIRP application u/s 9 after payment refusal by Proprietary Concern within limitation period.
    February 7, 2022   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Process Stalled Due to Unregistered Special Resolution; MOA Amendment Deemed Invalid Under Companies Act Section 13.
    February 7, 2022   Case Laws Insolvency and Bankruptcy
    Bank Guarantee Invocation Allowed Despite CIRP; Case Sent Back for Further Orders on Appellant's Claim.
    February 7, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Can't Impose Fines for Moratorium Breaches; Offenses Require Section 236 Procedure Under IBC.
    February 5, 2022   Case Laws Insolvency and Bankruptcy
    Court Dismisses CIRP Petition; WhatsApp Evidence Invalid Without Section 65B Certificate Under Companies Act.
    February 4, 2022   Case Laws Insolvency and Bankruptcy
    Operational Creditor's CIRP Application Rejected Due to Pre-existing Dispute Over Material Return, Section 9 Inapplicable.
    February 2, 2022   Case Laws Insolvency and Bankruptcy
    CIRP Application Rejected: Insufficient Proof of Financial Creditor Status and Debt Under IBC Sections 5(8) and 3(12.
    February 2, 2022   Case Laws Insolvency and Bankruptcy
    Liquidation Order Under IBC Section 33 Overturned Due to Resolution Professional's Concealment of Crucial Information from Stakeholders.
    February 2, 2022   Case Laws Insolvency and Bankruptcy
    Appellant lacks standing to challenge CoC's decision on liquidation; Supreme Court upholds CoC's non-justiciable commercial decisions.
    February 2, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Denies Withdrawal of CIRP u/s 12A Due to Ambiguity in Business Restructuring Plan Settlement Terms.
    February 1, 2022   Case Laws Insolvency and Bankruptcy
    Speculative Investor Not a Financial Creditor Under IBC Section 5(8)(f); Focus is on Personal Investment, Not Corporate Growth.
    February 1, 2022   Case Laws Insolvency and Bankruptcy
    Tribunal Rules MSME Notification of 26.06.2020 Applies Prospectively, Affecting Insolvency and Bankruptcy Liquidation Eligibility Criteria.
    February 1, 2022   Case Laws Insolvency and Bankruptcy
    Appellants in bankruptcy cases can access Resolution Plan u/s 61(3) to appeal but not the entire plan.
    February 1, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Professional Can Withdraw CIRP Against Debtor Using Rule 11 of NCLT Rules; Discretionary Power Affirmed.
    January 31, 2022   Case Laws Insolvency and Bankruptcy
    Directive for Settlement Proposal to CoC Invalid Post-Approval: Ebix Singapore Case Limits Negotiation Scope Under IBC.
    January 31, 2022   Case Laws Insolvency and Bankruptcy
    Court Grants 30-Day Extension for Appellant to Pay Rs. 30 Crores Under Resolution Plan; Liquidation Looms if Missed.
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Highlights
All › IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2022
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February 11, 2022   Case Laws Insolvency and Bankruptcy
IBC 2016: Operational Creditor's Application Inadmissible if Debt is Disputed; Seek Civil Court for Triable Issues.
February 10, 2022   Case Laws Insolvency and Bankruptcy
Court Orders Reconsideration of Appellant's Claim; Arbitration Award Must Be Considered by Resolution Professional.
February 10, 2022   Case Laws Insolvency and Bankruptcy
Corporate Insolvency Resolution Process (CIRP) demands evidence; mere allegations don't suffice. Claim for unpaid salary admitted.
February 8, 2022   Case Laws Insolvency and Bankruptcy
Corporate Insolvency Process Violated Code; Committee of Creditors Invalid, Leading to Flawed Decisions and Liquidation Order Overturned.
February 7, 2022   Case Laws Insolvency and Bankruptcy
Appellant initiates CIRP application u/s 9 after payment refusal by Proprietary Concern within limitation period.
February 7, 2022   Case Laws Insolvency and Bankruptcy
Corporate Insolvency Process Stalled Due to Unregistered Special Resolution; MOA Amendment Deemed Invalid Under Companies Act Section 13.
February 7, 2022   Case Laws Insolvency and Bankruptcy
Bank Guarantee Invocation Allowed Despite CIRP; Case Sent Back for Further Orders on Appellant's Claim.
February 7, 2022   Case Laws Insolvency and Bankruptcy
NCLT Can't Impose Fines for Moratorium Breaches; Offenses Require Section 236 Procedure Under IBC.
February 5, 2022   Case Laws Insolvency and Bankruptcy
Court Dismisses CIRP Petition; WhatsApp Evidence Invalid Without Section 65B Certificate Under Companies Act.
February 4, 2022   Case Laws Insolvency and Bankruptcy
Operational Creditor's CIRP Application Rejected Due to Pre-existing Dispute Over Material Return, Section 9 Inapplicable.
February 2, 2022   Case Laws Insolvency and Bankruptcy
CIRP Application Rejected: Insufficient Proof of Financial Creditor Status and Debt Under IBC Sections 5(8) and 3(12.
February 2, 2022   Case Laws Insolvency and Bankruptcy
Liquidation Order Under IBC Section 33 Overturned Due to Resolution Professional's Concealment of Crucial Information from Stakeholders.
February 2, 2022   Case Laws Insolvency and Bankruptcy
Appellant lacks standing to challenge CoC's decision on liquidation; Supreme Court upholds CoC's non-justiciable commercial decisions.
February 2, 2022   Case Laws Insolvency and Bankruptcy
NCLT Denies Withdrawal of CIRP u/s 12A Due to Ambiguity in Business Restructuring Plan Settlement Terms.
February 1, 2022   Case Laws Insolvency and Bankruptcy
Speculative Investor Not a Financial Creditor Under IBC Section 5(8)(f); Focus is on Personal Investment, Not Corporate Growth.
February 1, 2022   Case Laws Insolvency and Bankruptcy
Tribunal Rules MSME Notification of 26.06.2020 Applies Prospectively, Affecting Insolvency and Bankruptcy Liquidation Eligibility Criteria.
February 1, 2022   Case Laws Insolvency and Bankruptcy
Appellants in bankruptcy cases can access Resolution Plan u/s 61(3) to appeal but not the entire plan.
February 1, 2022   Case Laws Insolvency and Bankruptcy
Resolution Professional Can Withdraw CIRP Against Debtor Using Rule 11 of NCLT Rules; Discretionary Power Affirmed.
January 31, 2022   Case Laws Insolvency and Bankruptcy
Directive for Settlement Proposal to CoC Invalid Post-Approval: Ebix Singapore Case Limits Negotiation Scope Under IBC.
January 31, 2022   Case Laws Insolvency and Bankruptcy
Court Grants 30-Day Extension for Appellant to Pay Rs. 30 Crores Under Resolution Plan; Liquidation Looms if Missed.

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