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    Guarantee Invocation Requires Strict Contractual Compliance: Default Must Exist at Demand Notice Issuance
    Insolvency Professionals Regulations Updated: Time Frame Extended from Twelve to Twenty-Four Months Under Section 196 and 207
    Insolvency Resolution Professionals Must Now Use Detailed Compliance Certificate Template Under Amended CIRP Regulations
    Corporate Debtor's Liquidation Upheld: 100% Voting Resolution Validates Asset Sale Process Under Insolvency Code
    Corporate Debt Recovery: Financial Creditor Wins Right to Initiate Insolvency Proceedings Under Section 7 of Insolvency Code
    Guarantors' Deposits Deemed Part of Liquidation Estate, Blocking Bank's Unilateral Recovery Under IBC Section 53
    Personal Guarantors Granted Fresh Chance to Challenge Insolvency Application After Tribunal's Comprehensive Review Directive Under Section 95
    NCLAT Upholds NCLT's Discretionary Waiver for Sports Company Petition Under Section 244(1)(b) Amid Governance Dispute
    Strict Statutory Timelines: Appeal Dismissed for Failing to Meet 45-Day Filing Deadline Under Section 61 of IBC
    Operational Creditor's Insolvency Application Rejected Due to COVID-19 Moratorium Period Under Section 10A of IBC
    Financial Institutions Barred from Claiming Mortgaged Properties Beyond Settled Resolution Plan Amounts Under IBC
    Disciplinary Committee's Erroneous Figures in IBBI Order Lead to Reduction of Insolvency Professional's Suspension Period
    Resolution Plans Cannot Be Rejected Based on Pending Avoidance Applications Under IBC Section 66
    Insolvency Professionals Must Use Baanknet Platform for Liquidation Sales After April 2025 Under Section 196(1)
    Dissenting Financial Creditors Entitled to Pro-Rata Share of Resolution Value Under Section 30(2)(b)(ii) of I&B Code
    Section 9 Petition Dismissed: No Debtor-Creditor Relationship Without Privity of Contract Between Parties
    Resolution Plan Approval Under IBC Section 31 Extinguishes All Unincluded Dues, Including Statutory Government Claims
    Financial Creditor's Section 7 Application Dismissed: Balance Sheet Signing Date Controls Limitation Period, Not MCA Upload Date
    Slum Rehabilitation Authority's Developer Termination Upheld Despite Insolvency Protection Under Section 238
    Operational Creditor's Section 9 Application Rejected as Pre-Existing Dispute Evidenced Through Prior Correspondence Under Section 9(5)(d)
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Acts Income Tax