Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

September 20, 2023

IBC Doesn’t Mandate Higher Resolution Plan Value in Comparison to Liquidation Value | NCLAT

Case Details: Manesh Agarwal v. … Continue reading “IBC Doesn’t Mandate Higher Resolution Plan Value in Comparison to Liquidation Value | NCLAT”

News, Blog, Insolvency and Bankruptcy Code

September 19, 2023

CIRP Plea was Within Limitation Period Due to Acknowledgement of Debt by CD in B/S & Extension of Limitation by AAIFR’s Order | NCLAT

Case Details: Asset Reconstruction Company … Continue reading “CIRP Plea was Within Limitation Period Due to Acknowledgement of Debt by CD in B/S & Extension of Limitation by AAIFR’s Order | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

September 15, 2023

No Merit in an Appeal Against Dismissal of Appellant’s Belated Claim That Was Already Dismissed by RP | SC

Case Details: Nitin Verma v. … Continue reading “No Merit in an Appeal Against Dismissal of Appellant’s Belated Claim That Was Already Dismissed by RP | SC”

News, Blog, Insolvency and Bankruptcy Code

September 5, 2023

Promoter’s Control Over Subsidiary CD Leads to Ineligibility u/s 29A(c) for Resolution Plan Submission

Case Details: Indian Bank v. … Continue reading “Promoter’s Control Over Subsidiary CD Leads to Ineligibility u/s 29A(c) for Resolution Plan Submission”

Blog, News, Insolvency and Bankruptcy Code

September 5, 2023

IBBI Opens Up the Facility to Submit CIRP Forms for All Assignments Handled by IPEs Without Any Fees Till 30.09.23

Circular No. IBBI/CIRP/60/2023, Dated: 01.09.2023 … Continue reading “IBBI Opens Up the Facility to Submit CIRP Forms for All Assignments Handled by IPEs Without Any Fees Till 30.09.23”

Blog, News, Insolvency and Bankruptcy Code

September 4, 2023

NCLT Erred in Admitting CIRP Application Where There Was Already a Pre-existing Rent Dispute Over Commercial Sanction | NCLAT

Case Details: Yash Nachrani v. … Continue reading “NCLT Erred in Admitting CIRP Application Where There Was Already a Pre-existing Rent Dispute Over Commercial Sanction | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

September 2, 2023

Plea Seeking Copy of Resolution Plan Was Rightly Rejected As Applicant Was Neither a Claimant Nor a Creditor of CD | NCLAT

Case Details: Rupinder Singh Gill … Continue reading “Plea Seeking Copy of Resolution Plan Was Rightly Rejected As Applicant Was Neither a Claimant Nor a Creditor of CD | NCLAT”

Blog, Insolvency and Bankruptcy Code, Income Tax

September 1, 2023

Interplay of Insolvency & Bankruptcy Code with Income Tax

Table of Contents Key Sections … Continue reading “Interplay of Insolvency & Bankruptcy Code with Income Tax”

News, Blog, Insolvency and Bankruptcy Code

August 30, 2023

Transfer of Assets, Within Group Cos., ‘Ex-facie’, Won’t Come Within Umbrage of Fraudulent Trading u/s 66(1) of IBC | NCLAT

Case Details: Renuka Devi Rangaswamy … Continue reading “Transfer of Assets, Within Group Cos., ‘Ex-facie’, Won’t Come Within Umbrage of Fraudulent Trading u/s 66(1) of IBC | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

August 30, 2023

Govt. Accepts the Resignation of Shri Krishnamurthy Subramanian as Part-time Member of IBBI

Notification No. S.O. 3813(E)., Dated: … Continue reading “Govt. Accepts the Resignation of Shri Krishnamurthy Subramanian as Part-time Member of IBBI”