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    December 17, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Lacks Power to Alter Resolution Plans Under IBC Section 31; Can Only Approve or Reject Proposals.
    December 16, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Plan Canceled for Breach; Rs. 20 Crore Forfeited by Applicant; Claims of Missing Info Dismissed.
    December 16, 2022   Case Laws Insolvency and Bankruptcy
    NCLAT Accepts Appeal Filed 17 Days Late, Considers Condonation Due to Public Holidays and Limitation Act Provisions.
    December 16, 2022   Case Laws Insolvency and Bankruptcy
    Debt Assignment Doesn't Halt CIRP Under IBC; Assignee Recognized as Financial Creditor Per Section 5(7).
    December 16, 2022   Case Laws Insolvency and Bankruptcy
    Corporate Debtor Loses Leasehold Rights; Lacks Authority for Third-Party Agreements Under Insolvency Proceedings.
    December 15, 2022   Case Laws Insolvency and Bankruptcy
    CIRP Resolution Plan Approval and Financial Creditor Fund Distribution are Binding and Unchallengeable per Insolvency Laws.
    December 15, 2022   Case Laws Insolvency and Bankruptcy
    Appellate Tribunal Upholds Resolution Plan Under Insolvency Code; No Irregularity Found Despite Homebuyers' Fairness Challenge.
    December 15, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Erred in Admitting Section 9 Application for Insolvency Amid Genuine Dispute Over Unpaid Operational Debt.
    December 15, 2022   Case Laws Insolvency and Bankruptcy
    Audit Finds No Fraud in Corporate Debtor's Transactions; Normal Business Adaptations with Related Party Confirmed.
    December 15, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Professional Violated Insolvency Code Sections 25(2)(h) & 24; Possible Collusion with Financial Creditor Suspected.
    December 15, 2022   Case Laws Insolvency and Bankruptcy
    NCLT dismisses CIRP application due to lack of evidence for inter-corporate deposit claim as debt.
    December 12, 2022   Case Laws Insolvency and Bankruptcy
    Court Evaluates Buyer-Seller Relationship and Financial Creditor Status in High Seas Sale Agreement Case.
    December 9, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Order for Payment to Corporate Debtor Upheld; No Evidence of Fund Transfer to Sister Concern Found.
    December 8, 2022   Case Laws Insolvency and Bankruptcy
    Financial Creditors Can Initiate CIRP Without Interest on Debt; Key is "Disbursement for Time Value of Money" in Section 5(8).
    December 8, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Denies CIRP Application Due to Pre-Existing Dispute; Corporate Debtor's Quality Concerns Evidenced Before Section 8 Notice Issued.
    December 7, 2022   Case Laws Insolvency and Bankruptcy
    Interpretation of "Any Person Aggrieved" in Section 61(1) Requires Direct Legal Grievance for Appeals under Insolvency Code.
    December 7, 2022   Case Laws Insolvency and Bankruptcy
    Corporate Debtor's Reply Forfeited; Rs. 1 Crore Loan Confirmed as Financial Debt Under IBC Section 5(8).
    December 7, 2022   Case Laws Insolvency and Bankruptcy
    Application Rejected if Demand Notice Invalid in CIRP u/s 9 of Insolvency and Bankruptcy Code.
    December 5, 2022   Case Laws Insolvency and Bankruptcy
    High Court Upholds Regulation 36A of IBC, Confirms NCLT Can't Declare It Ultra Vires for Slower Resolution.
    December 5, 2022   Case Laws Insolvency and Bankruptcy
    High Court Upholds Debt Recovery via Property Attachment; DRT Orders Align with Insolvency and Bankruptcy Code Provisions.
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Highlights
All › IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2022
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December 17, 2022   Case Laws Insolvency and Bankruptcy
NCLT Lacks Power to Alter Resolution Plans Under IBC Section 31; Can Only Approve or Reject Proposals.
December 16, 2022   Case Laws Insolvency and Bankruptcy
Resolution Plan Canceled for Breach; Rs. 20 Crore Forfeited by Applicant; Claims of Missing Info Dismissed.
December 16, 2022   Case Laws Insolvency and Bankruptcy
NCLAT Accepts Appeal Filed 17 Days Late, Considers Condonation Due to Public Holidays and Limitation Act Provisions.
December 16, 2022   Case Laws Insolvency and Bankruptcy
Debt Assignment Doesn't Halt CIRP Under IBC; Assignee Recognized as Financial Creditor Per Section 5(7).
December 16, 2022   Case Laws Insolvency and Bankruptcy
Corporate Debtor Loses Leasehold Rights; Lacks Authority for Third-Party Agreements Under Insolvency Proceedings.
December 15, 2022   Case Laws Insolvency and Bankruptcy
CIRP Resolution Plan Approval and Financial Creditor Fund Distribution are Binding and Unchallengeable per Insolvency Laws.
December 15, 2022   Case Laws Insolvency and Bankruptcy
Appellate Tribunal Upholds Resolution Plan Under Insolvency Code; No Irregularity Found Despite Homebuyers' Fairness Challenge.
December 15, 2022   Case Laws Insolvency and Bankruptcy
NCLT Erred in Admitting Section 9 Application for Insolvency Amid Genuine Dispute Over Unpaid Operational Debt.
December 15, 2022   Case Laws Insolvency and Bankruptcy
Audit Finds No Fraud in Corporate Debtor's Transactions; Normal Business Adaptations with Related Party Confirmed.
December 15, 2022   Case Laws Insolvency and Bankruptcy
Resolution Professional Violated Insolvency Code Sections 25(2)(h) & 24; Possible Collusion with Financial Creditor Suspected.
December 15, 2022   Case Laws Insolvency and Bankruptcy
NCLT dismisses CIRP application due to lack of evidence for inter-corporate deposit claim as debt.
December 12, 2022   Case Laws Insolvency and Bankruptcy
Court Evaluates Buyer-Seller Relationship and Financial Creditor Status in High Seas Sale Agreement Case.
December 9, 2022   Case Laws Insolvency and Bankruptcy
NCLT Order for Payment to Corporate Debtor Upheld; No Evidence of Fund Transfer to Sister Concern Found.
December 8, 2022   Case Laws Insolvency and Bankruptcy
Financial Creditors Can Initiate CIRP Without Interest on Debt; Key is "Disbursement for Time Value of Money" in Section 5(8).
December 8, 2022   Case Laws Insolvency and Bankruptcy
NCLT Denies CIRP Application Due to Pre-Existing Dispute; Corporate Debtor's Quality Concerns Evidenced Before Section 8 Notice Issued.
December 7, 2022   Case Laws Insolvency and Bankruptcy
Interpretation of "Any Person Aggrieved" in Section 61(1) Requires Direct Legal Grievance for Appeals under Insolvency Code.
December 7, 2022   Case Laws Insolvency and Bankruptcy
Corporate Debtor's Reply Forfeited; Rs. 1 Crore Loan Confirmed as Financial Debt Under IBC Section 5(8).
December 7, 2022   Case Laws Insolvency and Bankruptcy
Application Rejected if Demand Notice Invalid in CIRP u/s 9 of Insolvency and Bankruptcy Code.
December 5, 2022   Case Laws Insolvency and Bankruptcy
High Court Upholds Regulation 36A of IBC, Confirms NCLT Can't Declare It Ultra Vires for Slower Resolution.
December 5, 2022   Case Laws Insolvency and Bankruptcy
High Court Upholds Debt Recovery via Property Attachment; DRT Orders Align with Insolvency and Bankruptcy Code Provisions.

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