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            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

            Provisions expressly mentioned in the judgment/order text.

            <h1>Section 29A IBC: Who Cannot Bid for Resolution Plans and How Strict Ineligibility Rules Are Enforced</h1> Section 29A of the Insolvency and Bankruptcy Code disqualifies certain persons from being resolution applicants, including undischarged insolvents, wilful defaulters, NPA holders (subject to cure), those convicted of specified offences, disqualified directors, SEBI-debarred entities, persons involved in certain avoidable transactions, defaulting guarantors, persons with similar foreign disabilities, and their connected persons. Financial entities have limited exemptions, especially where related-party status arises solely from debt-to-equity conversions. Courts have upheld the constitutional validity and broad, 'see-through' application of Section 29A, extended its rationale to liquidation and schemes of compromise, restricted promoters' re-entry where ineligible, clarified that Section 29A does not confer moratorium immunity, and interpreted 'control' as de facto positive control over management or policy decisions.

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