REEDArticles

Latest Legal and Scholarly Articles and Opinions on Insolvency, Bankruptcy and Banking laws

Sep 3, 2021

Role of Banking Ombudsman in India - An Analysis...

The best quality of service supplied to a customer is currently the most significant thing to consider in the banking system. If the customer service offered meets the cl...

REEDLAW

Sep 3, 2021

Section 7 Application of IBC cannot be allowed if Petition filed collusively...

Section 7: Initiation of corporate insolvency resolution process by the financial creditor:
7. (1) A financial creditor either by itself or jointly with [other financial ...

K. Bavana

Sep 1, 2021

"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 Company Law Tribunal, Division Bench-I, Chenna...

R. Haritha

Aug 30, 2021

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 liquidation of corporate organisations....

Ruchitha D.

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 entitled to receive the entire amount under th...

REEDLAW

Aug 25, 2021

To keep the Corporate Debtor as a going concern, the Power Purchase Agreement cannot be te...

The Insolvency and Bankruptcy Code, 2016 (IBC) is widely regarded as a significant overhaul of India's debt recovery and business regulations. The IBC is more than just a...

K. Bavana

Aug 25, 2021

Related Party under the Insolvency and Bankruptcy Code (IBC)...

The definition stipulated in the Code is constructed to be limited from the perspective of the corporate debtor. Before the Insolvency and Bankruptcy Code (Amendment) Ord...

R. Haritha

Aug 25, 2021

Important lessons from 96% haircuts under the Insolvency and Bankruptcy Code, 2016...

Five years of Insolvency and Bankruptcy Code, 2016 (IBC) has certainly been a road with a few hits and many misses. It is evident that IBC is relatively newer legislation...

Khyati Tuli

Aug 24, 2021

Cheque dishonour proceedings require expeditious resolution...

The large backlog and pending cases/disputes before various judicial venues, Courts, Tribunals, and other bodies have been regularly bemoaned by Indian courts. 'Justice d...

REEDLAW

Aug 24, 2021

IBC has better remedy than any other resolution of stressed assets...

The 2016 Insolvency and Bankruptcy Code (IBC) is an excellent law since it reduces stress for businesses, limited liability partnerships, sole proprietorships, and partne...

REEDLAW

Aug 23, 2021

Position of compulsorily convertible debentures during insolvency proceedings...

The Insolvency and Bankruptcy Code, 2016 (Code) is still a progressive code, which is not fully developed. Almost every case under this code is coming into headlines, eve...

Suryansh Kumar Arora

Aug 23, 2021

Applicability of Moratorium under IBC on Cheque Dishonour Proceedings...

A moratorium as defined in Section 14 of the Insolvency and Bankruptcy Code 2016 (IBC), is a time during which no new suits or continuations of existing ones against a co...

Ruchitha D.