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    June 12, 2019   Case Laws Insolvency and Bankruptcy
    NCLT Liquidation Order Overturned; 21 Days Excluded from Resolution Period, Saving 700 Jobs with COC's 71% Approval.
    June 12, 2019   Case Laws Insolvency and Bankruptcy
    CIRP begins despite non-compliance with Sections 56 and 57 of Companies Act; Adjudicating Authority prioritizes Resolution Plan implementation.
    June 11, 2019   Case Laws Insolvency and Bankruptcy
    Adjudicating Authority Can't Block Claims or Intervene in Criminal Cases Under Insolvency Code Section 60(6) Jurisdiction.
    June 11, 2019   Case Laws Insolvency and Bankruptcy
    RP Cannot Reject Creditor Claims Post-COC Approval; File u/s 60(6) or Claim u/s 40.
    June 10, 2019   Case Laws Insolvency and Bankruptcy
    Adjudicating Authority Must Accept CoC-Approved Resolution Plan with 66% Vote; Binding on Debtor and Stakeholders.
    June 8, 2019   Case Laws Insolvency and Bankruptcy
    COC under IBC 2016 requires 66% voting for CIRP decisions, treating all financial creditors as one entity.
    June 6, 2019   Case Laws Insolvency and Bankruptcy
    Appellant Classified as 'Financial Creditor' Under I&B Code for Fund Disbursement as Allottee in CIRP.
    June 5, 2019   Case Laws Insolvency and Bankruptcy
    Court Oversteps by Extending Insolvency Process 90 Days Beyond Limit, Misapplies Section 55 of Insolvency Code.
    June 4, 2019   Case Laws Insolvency and Bankruptcy
    Resolution Professional Fails to Prove Fraudulent Intent; Transactions Not Set Aside as Preferential or Undervalued.
    June 3, 2019   Case Laws Insolvency and Bankruptcy
    Objections to Section 8 Insolvency Notice Raised Late Are Invalid; Notice Service at Corporate Office Is Valid.
    June 3, 2019   Case Laws Insolvency and Bankruptcy
    Corporate Debtor to be liquidated u/s 33(1)(a) IBC 2016 after no resolution plan in 270 days.
    May 31, 2019   Case Laws Insolvency and Bankruptcy
    Resolution Plan Faces Scrutiny: Upfront Payment Falls Short of Liquidation Value, COC May Request Revisions Under Insolvency Code.
    May 30, 2019   Case Laws Insolvency and Bankruptcy
    Creditor Initiates Insolvency Proceedings Against Corporate Guarantor u/s 7 for Financial Debt Default.
    May 30, 2019   Case Laws Insolvency and Bankruptcy
    Section 12A: Resolution Applicant Withdraws Approved Plan with 90% CoC Consent, First in 2.5 Years.
    May 30, 2019   Case Laws Insolvency and Bankruptcy
    Insolvency Cases: Prioritize Workmen's Dues Under EPF Act and Section 34(4)(a)(iii) Before Other Claims.
    May 29, 2019   Case Laws Insolvency and Bankruptcy
    Workmen's Provident, Pension, and Gratuity Fund Dues Excluded from Liquidation Estate Under Insolvency Code Section 53.
    May 29, 2019   Case Laws Insolvency and Bankruptcy
    CoC's commercial wisdom respected, but not absolute; RP and CoC must act judiciously under judicial oversight.
    May 28, 2019   Case Laws Insolvency and Bankruptcy
    IBC Prevails Over PMLA in Insolvency Cases, Despite PMLA's Focus on Crime Proceeds; Section 14 Moratorium Not Applicable.
    May 24, 2019   Case Laws Insolvency and Bankruptcy
    Separate Bank Account for CIRP Costs Shielded from Enforcement Attachment; Not Part of Defaulter Company's Assets.
    May 24, 2019   Case Laws Insolvency and Bankruptcy
    Debt Recovery Case Denied: Emails Reveal Pre-Existing Dispute from 2014 Under Insolvency and Bankruptcy Code.
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Highlights
All › IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2019
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June 12, 2019   Case Laws Insolvency and Bankruptcy
NCLT Liquidation Order Overturned; 21 Days Excluded from Resolution Period, Saving 700 Jobs with COC's 71% Approval.
June 12, 2019   Case Laws Insolvency and Bankruptcy
CIRP begins despite non-compliance with Sections 56 and 57 of Companies Act; Adjudicating Authority prioritizes Resolution Plan implementation.
June 11, 2019   Case Laws Insolvency and Bankruptcy
Adjudicating Authority Can't Block Claims or Intervene in Criminal Cases Under Insolvency Code Section 60(6) Jurisdiction.
June 11, 2019   Case Laws Insolvency and Bankruptcy
RP Cannot Reject Creditor Claims Post-COC Approval; File u/s 60(6) or Claim u/s 40.
June 10, 2019   Case Laws Insolvency and Bankruptcy
Adjudicating Authority Must Accept CoC-Approved Resolution Plan with 66% Vote; Binding on Debtor and Stakeholders.
June 8, 2019   Case Laws Insolvency and Bankruptcy
COC under IBC 2016 requires 66% voting for CIRP decisions, treating all financial creditors as one entity.
June 6, 2019   Case Laws Insolvency and Bankruptcy
Appellant Classified as 'Financial Creditor' Under I&B Code for Fund Disbursement as Allottee in CIRP.
June 5, 2019   Case Laws Insolvency and Bankruptcy
Court Oversteps by Extending Insolvency Process 90 Days Beyond Limit, Misapplies Section 55 of Insolvency Code.
June 4, 2019   Case Laws Insolvency and Bankruptcy
Resolution Professional Fails to Prove Fraudulent Intent; Transactions Not Set Aside as Preferential or Undervalued.
June 3, 2019   Case Laws Insolvency and Bankruptcy
Objections to Section 8 Insolvency Notice Raised Late Are Invalid; Notice Service at Corporate Office Is Valid.
June 3, 2019   Case Laws Insolvency and Bankruptcy
Corporate Debtor to be liquidated u/s 33(1)(a) IBC 2016 after no resolution plan in 270 days.
May 31, 2019   Case Laws Insolvency and Bankruptcy
Resolution Plan Faces Scrutiny: Upfront Payment Falls Short of Liquidation Value, COC May Request Revisions Under Insolvency Code.
May 30, 2019   Case Laws Insolvency and Bankruptcy
Creditor Initiates Insolvency Proceedings Against Corporate Guarantor u/s 7 for Financial Debt Default.
May 30, 2019   Case Laws Insolvency and Bankruptcy
Section 12A: Resolution Applicant Withdraws Approved Plan with 90% CoC Consent, First in 2.5 Years.
May 30, 2019   Case Laws Insolvency and Bankruptcy
Insolvency Cases: Prioritize Workmen's Dues Under EPF Act and Section 34(4)(a)(iii) Before Other Claims.
May 29, 2019   Case Laws Insolvency and Bankruptcy
Workmen's Provident, Pension, and Gratuity Fund Dues Excluded from Liquidation Estate Under Insolvency Code Section 53.
May 29, 2019   Case Laws Insolvency and Bankruptcy
CoC's commercial wisdom respected, but not absolute; RP and CoC must act judiciously under judicial oversight.
May 28, 2019   Case Laws Insolvency and Bankruptcy
IBC Prevails Over PMLA in Insolvency Cases, Despite PMLA's Focus on Crime Proceeds; Section 14 Moratorium Not Applicable.
May 24, 2019   Case Laws Insolvency and Bankruptcy
Separate Bank Account for CIRP Costs Shielded from Enforcement Attachment; Not Part of Defaulter Company's Assets.
May 24, 2019   Case Laws Insolvency and Bankruptcy
Debt Recovery Case Denied: Emails Reveal Pre-Existing Dispute from 2014 Under Insolvency and Bankruptcy Code.

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