Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

July 25, 2023

CoC’s Decision on Non-payment of Salaries to Suspended Directors Couldn’t be Interfered With | NCLT

Case Details: Babubhai Shrimali v. … Continue reading “CoC’s Decision on Non-payment of Salaries to Suspended Directors Couldn’t be Interfered With | NCLT”

Blog, News, Insolvency and Bankruptcy Code

July 24, 2023

CD’s Unsecured Loan to an Unrelated Party Became Fraudulent When Removed from Books | NCLAT

Case Details: Shri Baiju Trading … Continue reading “CD’s Unsecured Loan to an Unrelated Party Became Fraudulent When Removed from Books | NCLAT”

News, Blog, Insolvency and Bankruptcy Code

July 22, 2023

No Regulatory Fees Shall be Paid Where the Approved Resolution Plan is Proposed by Allottees of Real Estate Project | IBBI

Notification No. IBBI/2023-24/GN/REG102., Dated 20.07.2023 … Continue reading “No Regulatory Fees Shall be Paid Where the Approved Resolution Plan is Proposed by Allottees of Real Estate Project | IBBI”

Blog, News, Insolvency and Bankruptcy Code

July 22, 2023

Appeal Against AA’s Order with 400 Days Delay & Non-fulfilment of Sec. 14 Limitation Act Conditions was to be Rejected | NCLAT

Case Details: SREI Equipment Finance … Continue reading “Appeal Against AA’s Order with 400 Days Delay & Non-fulfilment of Sec. 14 Limitation Act Conditions was to be Rejected | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

July 18, 2023

CIRP Admission Withheld for 3 Months as FC’s Claim was Less Than Debtor’s Receivables from a Decree and Arbitration Award

Case Details: Srei Equipment Finance … Continue reading “CIRP Admission Withheld for 3 Months as FC’s Claim was Less Than Debtor’s Receivables from a Decree and Arbitration Award”

Blog, News, Insolvency and Bankruptcy Code

July 15, 2023

Equitable Treatment of Creditors, including OCs in Successful Resolution Applicant’s RP Justified NCLT’s Approval

Case Details: SP Coal Resources … Continue reading “Equitable Treatment of Creditors, including OCs in Successful Resolution Applicant’s RP Justified NCLT’s Approval”

Blog, News, Insolvency and Bankruptcy Code

July 10, 2023

Leave Petition Against HC Order on Tax Demand Set Aside Due to Approved Resolution Plan by AA not Entertained

Case Details: Tata Steel Ltd. … Continue reading “Leave Petition Against HC Order on Tax Demand Set Aside Due to Approved Resolution Plan by AA not Entertained”

Blog, News, Insolvency and Bankruptcy Code

July 5, 2023

CD can’t use RBI Directions to Evade Obligations under IBC, Circular can’t Hinder Financial Creditor’s Application u/s 7

Case Details: GVK Energy Ltd. … Continue reading “CD can’t use RBI Directions to Evade Obligations under IBC, Circular can’t Hinder Financial Creditor’s Application u/s 7”

Blog, Insolvency and Bankruptcy Code

May 8, 2024

Insolvency Law in India and Other Countries – A Comparative Study

What is Insolvency Law? Insolvency … Continue reading “Insolvency Law in India and Other Countries – A Comparative Study”

Blog, News, Insolvency and Bankruptcy Code

July 4, 2023

No Violation of Regulation 39 in Approving RP where SRA’s Revised Bid was Approved Maximizing CD’s Value

Case Details: Consortium of Prudent … Continue reading “No Violation of Regulation 39 in Approving RP where SRA’s Revised Bid was Approved Maximizing CD’s Value”