IBBI tightens due diligence norms for insolvency professionals on Section 29A eligibility of resolution applicants

Appeal Dismissed for Lack of Locus; Section 29A Challenge Reserved for Section 31 Stage, Heavy Costs Imposed

NCLAT upholds land transfer, orders execution of sale deeds under s.60(5) IBC, dismissing seller heir's appeal

NBFC loan held financial debt under S.5(8) IBC; S.7 plea revived with three-month repayment window

Tax authority's pre-CIRP attachment deemed secured creditor under IBC; appeal dismissed, retrospective rule applied effective from insolvency commence...

Appeal partly allowed: public notice set aside; fresh Swiss-challenge private sale under LPR with revised notice and reasonable EMD

Appeal allows set aside of Section 9 admission; finds plausible pre-existing dispute over Rs.5 lakh printer payment, CIRP withdrawn

Appeal dismissed; merger validity not reopened, leasehold rights transferred to corporate debtor formed liquidation estate; section 36(4)(a)(iv) inapp...

CoC approval of sale to related entities upheld as commercially rational; Regulation 29 not a bar, Regulation 36A(1A) inapplicable

Approval set aside for failing to disclose all assets under Reg. 35; fresh CIRP and Form G within 3 months

Appeal dismissed; access to confidential valuation reports denied for suspended directors under Section 24 and CIRP Regulation 35(2)

Appeal allowed; resolution professional must list bank as secured financial creditor based on liened fixed deposits cash collateral

Irrevocable continuing guarantee upheld for renewals and variations, guarantor liable for obligations limited to Rs 3.84 crore

Appeal dismissed for lack of merit and locus after withdrawal; relief mirrored earlier IA; plan approved under Sections 30(6),60(5)

Appeal dismissed; KMP's fraudulent share transactions found to intend to defraud creditors, vitiating deals under Section 66(1)

Appeal allows resolution plan; Section 30(4) approvals upheld, Section 29A clauses (c)(e)(g)(i)(j) unsustainable; Reg 36B(4A) compliant

Appeal allowed; Section 7 petition revived for de novo consideration, project-specific CIRP scope and debenture claim reassessed

Section 7 petition admitted: MoU clause created automatic default after 45-day cure, debt remains and appeal dismissed

Order excluding 5% margin from debtor assets set aside; unenforced equitable mortgage not trust property; secured assets remain estate

Appeal dismissed: no professional fees for interim stay period where stay precluded CIRP functions and work non-operative