Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

May 6, 2025

SC Upholds Admission of CIRP Plea Under Section 7

Case Details: Sandeep Jain vs. … Continue reading “SC Upholds Admission of CIRP Plea Under Section 7”

Blog, News, Insolvency and Bankruptcy Code

April 28, 2025

Mortgager’s Right Ends Once the Sale Notice is Issued Under SARFAESI as Liquidator Cannot Dispute the E-Auctioned Property Sale | NCLAT

Case Details: Pratibha Industries Ltd. … Continue reading “Mortgager’s Right Ends Once the Sale Notice is Issued Under SARFAESI as Liquidator Cannot Dispute the E-Auctioned Property Sale | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

April 27, 2025

RP Was Correct in Not Including Workmen’s Salaries for the Lay-Off Period, as RP Cannot Decide on the Lay-Off’s Legality | NCLAT

Case Details: Drish Shoes Workers … Continue reading “RP Was Correct in Not Including Workmen’s Salaries for the Lay-Off Period, as RP Cannot Decide on the Lay-Off’s Legality | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

April 17, 2025

Writ Against SARFAESI Action Dismissed as Sec. 94 Plea Isn’t Maintainable Where Borrower Was a Proprietorship Firm | HC

Case Details: Ramesh Kothari v. … Continue reading “Writ Against SARFAESI Action Dismissed as Sec. 94 Plea Isn’t Maintainable Where Borrower Was a Proprietorship Firm | HC”

News, Blog, Insolvency and Bankruptcy Code

April 10, 2025

IBC Moratorium Can’t Be a Shield Against Sec. 138 NI Act; Debtors Can’t Escape Prosecution During CIRP | SC

Case Details: Rakesh Bhanot v. … Continue reading “IBC Moratorium Can’t Be a Shield Against Sec. 138 NI Act; Debtors Can’t Escape Prosecution During CIRP | SC”

Blog, News, Insolvency and Bankruptcy Code

April 8, 2025

Notices Sent to Guarantor’s Last Known Address as per Guarantee Deed Were Held Valid & Couldn’t Be Invalidated Due to Non-Receipt | NCLAT

Case Details: Paresh Rastogi v. … Continue reading “Notices Sent to Guarantor’s Last Known Address as per Guarantee Deed Were Held Valid & Couldn’t Be Invalidated Due to Non-Receipt | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

April 7, 2025

IBBI Amends Compliance Certificate Form to Include Enhanced Disclosures for Improved Transparency in CIRP

Notification No. F. No. IBBI/2025-26/GN/REG124; … Continue reading “IBBI Amends Compliance Certificate Form to Include Enhanced Disclosures for Improved Transparency in CIRP”

Blog, News, Insolvency and Bankruptcy Code

April 7, 2025

IBBI Extends Time to Pass Limited Insolvency Examination to 24 Months for Registration as an Insolvency Professional

Notification No. F. No. IBBI/2025-26/GN/REG123; … Continue reading “IBBI Extends Time to Pass Limited Insolvency Examination to 24 Months for Registration as an Insolvency Professional”

Blog, News, Insolvency and Bankruptcy Code

March 31, 2025

IBBI Directs IPs to Exclusively Use ‘eBKray Auction Platform’ for Conducting Auctions for Sale of Assets During Liquidation

Circular No. IBBI/LIQ/84/2025; Dated: 28.03.2025 … Continue reading “IBBI Directs IPs to Exclusively Use ‘eBKray Auction Platform’ for Conducting Auctions for Sale of Assets During Liquidation”

Blog, News, Insolvency and Bankruptcy Code

March 19, 2025

IBBI Mandates Detailed Disclosure of Carry Forward Losses in Information Memorandum Under CIRP

Circular No. IBBI/CIRP/83/2025, Dated: 17.03.2025 … Continue reading “IBBI Mandates Detailed Disclosure of Carry Forward Losses in Information Memorandum Under CIRP”