Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

March 13, 2023

Legal assignee of debt holds same rights as original FC in debt recovery proceedings

Image Case Details: Siti Networks … Continue reading “Legal assignee of debt holds same rights as original FC in debt recovery proceedings”

Blog, News, Insolvency and Bankruptcy Code

March 7, 2023

IBBI Revises CIRP Application Format, includes Information about Multiple Applicants

Circular No. IBBI/LAD/58/2023, dated 04th … Continue reading “IBBI Revises CIRP Application Format, includes Information about Multiple Applicants”

News, Blog, Insolvency and Bankruptcy Code

March 7, 2023

CIRP plea filed u/s 7 of IBC can’t be mediated u/s 442 of the Companies Act, 2013

Case Details: White Stock Ltd. … Continue reading “CIRP plea filed u/s 7 of IBC can’t be mediated u/s 442 of the Companies Act, 2013”

Blog, News, Insolvency and Bankruptcy Code

March 4, 2023

Claim filed by Excise Commissioner 1 year after RP approval couldn’t be accepted u/r 12 of CIRP regulations: NCLT

Case Details: Punjab National Bank … Continue reading “Claim filed by Excise Commissioner 1 year after RP approval couldn’t be accepted u/r 12 of CIRP regulations: NCLT”

Blog, News, Insolvency and Bankruptcy Code

March 2, 2023

[Opinion] Time vs Value: A Tug of War in IBC with Reference to Reliance Capital Case

‘Time’ and ‘Value’ are two … Continue reading “[Opinion] Time vs Value: A Tug of War in IBC with Reference to Reliance Capital Case”

Blog, News, Insolvency and Bankruptcy Code

March 2, 2023

Ordering Tax, Interest & Penalty against Corporate Debtor after approval of RP wasn’t sustainable

Case Details: EMC Ltd. v. … Continue reading “Ordering Tax, Interest & Penalty against Corporate Debtor after approval of RP wasn’t sustainable”

Blog, News, Insolvency and Bankruptcy Code

March 1, 2023

[Opinion] Applicability of IBC to Companies incorporated in IFSCs

Introduction Keeping Ease of Doing … Continue reading “[Opinion] Applicability of IBC to Companies incorporated in IFSCs”

Blog, News, Insolvency and Bankruptcy Code

March 1, 2023

Equipment for which CD paid only 30% sales consideration, ought not to be included in its assets: NCLT

Case Details: TLD MEAI FZE … Continue reading “Equipment for which CD paid only 30% sales consideration, ought not to be included in its assets: NCLT”

Blog, News, Insolvency and Bankruptcy Code

February 28, 2023

NCLAT sets aside NCLT’s admission of CIRP filed with malicious intent

Case Details: Dolphin Vintrade (P.) … Continue reading “NCLAT sets aside NCLT’s admission of CIRP filed with malicious intent”

News, Blog, Insolvency and Bankruptcy Code

February 28, 2023

[Opinion] Authorized Representatives – Participants in achieving resolutions under IBC

Yash Gupta – [2023] 147 … Continue reading “[Opinion] Authorized Representatives – Participants in achieving resolutions under IBC”