LATEST NEWS

The NCLAT rejects Corporate Debtor's Recall Application As They Had Been Given Ample Opportunities

Sep 30, 2023

The Mediation Act 2023 receives the assent of the President

Sep 22, 2023

The liquidator in an insolvency process must provide transparent and well-reasoned decisions

Sep 13, 2023

While Order In REED 2020 SC 10539 Operated As Res Judicata, It Didn't Create A Binding Precedent: SC

Aug 28, 2023

Appellants' Invoice Discounting Actions do not Qualify as Financial Debt but Instead Made Them OC

Aug 22, 2023

The Asset Reconstruction Company's proceedings against both borrower & guarantor were legally valid

Sep 25, 2023

Employees Provident Fund Organization (EPFO) to comply with the timelines set by the IB Code, 2016

Sep 14, 2023

Breach of a settlement agreement does not render a Section 9 Application for insolvency proceedings

Sep 10, 2023

A Resolution Plan Can Include a Clause Extinguishing FC's Security Interest via Personal Guarantees

Aug 22, 2023

NCLAT rules that the existence of an Arbitration Clause does not prevent Insolvency Proceedings

Aug 19, 2023

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Effect of Moratorium on Arbitration Proceedings

Insolvency and Bankruptcy Code, 2016 (IBC/Code) which received presidential assent on 25th May, ...

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Section 7: Initiation of corporate insolvency resolution process by the financial creditor:
7. (1) A financial creditor either by ...

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"Preferential Transaction" and "Relevant Time" under Section 43 of IBC

The present Appeal was filed challenging the Impugned Order dated 26.02.2021 passed by the Adjudicating Authority (National Compan...

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Admissibility of claims during CIRP

The Insolvency and Bankruptcy Code of 2016 has proven to be a strong piece of legislation in terms of governing the insolvency and...

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Aug 27, 2021

Irretrievable prejudice would be done if bank guarantee is allowed to be encashed

A Bank Guarantee (BG) is a common method of securing payment of money in commercial transactions because the beneficiary is entitl...

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