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    October 11, 2022   Case Laws Insolvency and Bankruptcy
    Financial Creditors Can Jointly Meet Rs. 1 Crore Threshold to Initiate CIRP Under IBC Section 7, Amended 2020.
    October 7, 2022   Case Laws Insolvency and Bankruptcy
    Appellants Ordered to Pay for Fraudulent Trading; Transactions Deemed Undervalued and Intended to Siphon Funds.
    October 6, 2022   Case Laws Insolvency and Bankruptcy
    Section 14 Moratorium Doesn't Protect Corporate Debtors' Unlawful Property Possession Under Insolvency and Bankruptcy Code.
    October 4, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Professional's Registration Suspended; High Court Admits Writ Petition on Territorial Jurisdiction in Maharashtra Case.
    October 4, 2022   Case Laws Insolvency and Bankruptcy
    Challenge on CoC's Resolution Plan Dismissed; No Legal Contravention Found Despite Discrimination Claims Against Operational Creditors.
    October 3, 2022   Case Laws Insolvency and Bankruptcy
    IBC Section 5(8) Allows Surety to Claim as Creditor Before Liquidator, Overrides Indian Contract Act Provisions.
    October 3, 2022   Case Laws Insolvency and Bankruptcy
    NCLT Rules Exclude CIRP Costs; IRP/RP Fees Defined in Section 5(13) and CIRP Regulations 31, 33, 34.
    September 28, 2022   Case Laws Insolvency and Bankruptcy
    Court Error in Rejecting Claim: No Evidence Loan to Corporate Debtor Was Repaid, Says Appellant.
    September 27, 2022   Case Laws Insolvency and Bankruptcy
    Directors' Genuine Belief in Recovery Shields Them from Fraudulent Trading Liability in Business Struggles.
    September 26, 2022   Case Laws Insolvency and Bankruptcy
    Performance Bank Guarantees not protected by Section 14 moratorium; funds can aid corporate debtor's operations.
    September 26, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Plan Approved: Full Payment of Workman and Statutory Dues Despite Low Claim Admission; Operational Creditors Can't Challenge CoC Decisions.
    September 24, 2022   Case Laws Insolvency and Bankruptcy
    Shareholder Nomination Valid Despite Lack of Unanimity; Liquidator Can't Dismiss Based on Majority Support per Regulation 31A(4).
    September 24, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Professional Cannot Admit Claims Suo-Motu in Insolvency; Claims Must Be Filed by Creditors in Form-B or Form-C.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Section 7 IBC allows proceedings against two corporate debtors, but full debt recovery from one ends further claims.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Withdrawal Application Under IBC Section 7 Allowed Before Creditor Committee Formation to Facilitate Settlements and Protect Livelihoods.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Insolvency Petition Valid: OTS Does Not Novate Debt, Guarantor's Liability Remains Co-Extensive with Original Agreement.
    September 23, 2022   Case Laws Insolvency and Bankruptcy
    Resolution Professionals' Role Ends After Plan Approval; No Further Action Allowed Post-Adjudication Authority's Decision.
    September 22, 2022   Case Laws Insolvency and Bankruptcy
    Operational Creditor Must Prove Default of One Crore Rupees to Start Insolvency Process u/s 9.
    September 22, 2022   Case Laws Insolvency and Bankruptcy
    NCLT's Decision to Extend CIRP Under Scrutiny for Alleged Arbitrary Actions, Raising Concerns Over Legal Standards Compliance.
    September 21, 2022   Case Laws Insolvency and Bankruptcy
    Tribunal Rejects Late Financial Debt Claim in CIRP, Citing Strict Timelines in Insolvency and Bankruptcy Code.
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Acts Income Tax