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    August 24, 2020   Case Laws Insolvency and Bankruptcy
    Debtor's Written Acknowledgment Required Within Limitation Period for CIRP Initiation u/s 18 of Limitation Act, 1963.
    August 22, 2020   Case Laws Insolvency and Bankruptcy
    I&B Code, 2016: Accounting Rules Can't Override Insolvency Provisions; Moratorium Active Until Resolution or Liquidation.
    August 22, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Resolution Process: Retention Money Classified as Debt and Default u/s 3(11) Definition.
    August 22, 2020   Case Laws Insolvency and Bankruptcy
    Liquidators Must Ensure Gratuity Payments During Insolvency, Even Without Separate Gratuity Funds; Section 53(1) Not Applicable.
    August 21, 2020   Case Laws Insolvency and Bankruptcy
    CIRP Application Rejected Due to Disputed Claim; Contest Highlights Right to Payment Regardless of Dispute Status.
    August 21, 2020   Case Laws Insolvency and Bankruptcy
    Appellate Tribunal Reviews Alleged Collusion in CIRP to Prevent Unjust Liquidation and Potential Miscarriage of Justice.
    August 21, 2020   Case Laws Insolvency and Bankruptcy
    Liquidation Ordered After CIRP Deadline Lapses; Late Resolution Plan Offer Rejected for Non-Compliance with IBC Regulations.
    August 20, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Process Begins Over Unpaid Dues; Dispute Must Exist Before Demand Notice Receipt.
    August 20, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Debtor's Insolvency Process Initiated; No Pre-Existing Dispute Found in Sky Forest Project Case.
    August 20, 2020   Case Laws Insolvency and Bankruptcy
    COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2).
    August 19, 2020   Case Laws Insolvency and Bankruptcy
    NCLAT Dismisses Petition Challenging Hybrid Hearing Format, Imposes Rs. 10,000 Cost for Lack of Evidence.
    August 19, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Resolution Process must prioritize majority stakeholders' interests; settling with two creditors risks injustice.
    August 19, 2020   Case Laws Insolvency and Bankruptcy
    Court Deems CIRP Application Maintainable; Balance Sheet Acknowledges Debt, Bringing Claim Within Limitation Period.
    August 18, 2020   Case Laws Insolvency and Bankruptcy
    Court Denies Interim Relief on Bank Guarantee Invocation in CIRP, Affirms No Set-Off Against Corporate Debtor's Other Contracts.
    August 18, 2020   Case Laws Insolvency and Bankruptcy
    Creditors Approve Insolvency Plan Allocating Rs. 45 Crores for SEZ Customs Duties and Penalties, Excluding Extra Interest.
    August 18, 2020   Case Laws Insolvency and Bankruptcy
    Tax Claims Not Filed Pre-Resolution Plan Are Not Operational Debt in CIRP; No Liability for Acquiring Company.
    August 18, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Process: Time-Barred Applications if Default Exceeds Three Years Without Justifiable Delay.
    August 18, 2020   Case Laws Insolvency and Bankruptcy
    Court Rules Resolution Applicant Cannot Withdraw Approved Plan u/s 25(2)(h) of Insolvency and Bankruptcy Code.
    August 18, 2020   Case Laws Insolvency and Bankruptcy
    CIRP Application Dismissed: Limitation Period Expired, Last Payment Received May 2015 for 2011 Invoice u/s 19.
    August 17, 2020   Case Laws Insolvency and Bankruptcy
    MSME Resolution Plan Rejected Due to Confidentiality Breach and Inaccurate Asset Assumptions; Returned to Creditors for Resubmission.
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Highlights
All › IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2020
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August 24, 2020   Case Laws Insolvency and Bankruptcy
Debtor's Written Acknowledgment Required Within Limitation Period for CIRP Initiation u/s 18 of Limitation Act, 1963.
August 22, 2020   Case Laws Insolvency and Bankruptcy
I&B Code, 2016: Accounting Rules Can't Override Insolvency Provisions; Moratorium Active Until Resolution or Liquidation.
August 22, 2020   Case Laws Insolvency and Bankruptcy
Corporate Insolvency Resolution Process: Retention Money Classified as Debt and Default u/s 3(11) Definition.
August 22, 2020   Case Laws Insolvency and Bankruptcy
Liquidators Must Ensure Gratuity Payments During Insolvency, Even Without Separate Gratuity Funds; Section 53(1) Not Applicable.
August 21, 2020   Case Laws Insolvency and Bankruptcy
CIRP Application Rejected Due to Disputed Claim; Contest Highlights Right to Payment Regardless of Dispute Status.
August 21, 2020   Case Laws Insolvency and Bankruptcy
Appellate Tribunal Reviews Alleged Collusion in CIRP to Prevent Unjust Liquidation and Potential Miscarriage of Justice.
August 21, 2020   Case Laws Insolvency and Bankruptcy
Liquidation Ordered After CIRP Deadline Lapses; Late Resolution Plan Offer Rejected for Non-Compliance with IBC Regulations.
August 20, 2020   Case Laws Insolvency and Bankruptcy
Corporate Insolvency Process Begins Over Unpaid Dues; Dispute Must Exist Before Demand Notice Receipt.
August 20, 2020   Case Laws Insolvency and Bankruptcy
Corporate Debtor's Insolvency Process Initiated; No Pre-Existing Dispute Found in Sky Forest Project Case.
August 20, 2020   Case Laws Insolvency and Bankruptcy
COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2).
August 19, 2020   Case Laws Insolvency and Bankruptcy
NCLAT Dismisses Petition Challenging Hybrid Hearing Format, Imposes Rs. 10,000 Cost for Lack of Evidence.
August 19, 2020   Case Laws Insolvency and Bankruptcy
Corporate Insolvency Resolution Process must prioritize majority stakeholders' interests; settling with two creditors risks injustice.
August 19, 2020   Case Laws Insolvency and Bankruptcy
Court Deems CIRP Application Maintainable; Balance Sheet Acknowledges Debt, Bringing Claim Within Limitation Period.
August 18, 2020   Case Laws Insolvency and Bankruptcy
Court Denies Interim Relief on Bank Guarantee Invocation in CIRP, Affirms No Set-Off Against Corporate Debtor's Other Contracts.
August 18, 2020   Case Laws Insolvency and Bankruptcy
Creditors Approve Insolvency Plan Allocating Rs. 45 Crores for SEZ Customs Duties and Penalties, Excluding Extra Interest.
August 18, 2020   Case Laws Insolvency and Bankruptcy
Tax Claims Not Filed Pre-Resolution Plan Are Not Operational Debt in CIRP; No Liability for Acquiring Company.
August 18, 2020   Case Laws Insolvency and Bankruptcy
Corporate Insolvency Process: Time-Barred Applications if Default Exceeds Three Years Without Justifiable Delay.
August 18, 2020   Case Laws Insolvency and Bankruptcy
Court Rules Resolution Applicant Cannot Withdraw Approved Plan u/s 25(2)(h) of Insolvency and Bankruptcy Code.
August 18, 2020   Case Laws Insolvency and Bankruptcy
CIRP Application Dismissed: Limitation Period Expired, Last Payment Received May 2015 for 2011 Invoice u/s 19.
August 17, 2020   Case Laws Insolvency and Bankruptcy
MSME Resolution Plan Rejected Due to Confidentiality Breach and Inaccurate Asset Assumptions; Returned to Creditors for Resubmission.

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