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LATEST NEWS

Supreme Court Upholds Homebuyers' Right to Possession in CIRP, Rejects Treatment as Belated Claims under Insolvency and Bankruptcy Code

Oct 29, 2025

Service of Section 95(4)(b) IBC Demand Notice Mandatory; Admitted Receipt by Guarantor Bars Technical Challenges

Oct 28, 2025

IBC Resolution Plan Approval Extinguishes All Pre-Plan Government and Statutory Claims: Gujarat High Court

Oct 25, 2025

Withdrawal of CIRP Post-CoC Constitution Requires 90% CoC Approval Under Regulation 30A(1)(b) of IBC

Oct 24, 2025

Writ Jurisdiction Not Maintainable in SARFAESI Matters where Debts Recovery Tribunal has the Exclusive Remedy

Oct 17, 2025

NCLAT Upholds Rejection of Belated Provident Fund Claims Post-CoC Approval, Reinforces Finality of IBC Resolution Plan

Oct 15, 2025

NCLAT Sets Aside CIRP Admission Order for Lack of Hearing, Remands for Settlement Consideration Under IBC

Oct 15, 2025

Section 9 IBC Application Must Exceed Financial Threshold Excluding Interest to Be Maintainable

Oct 14, 2025

Financial Creditor Status Under IBC Demands Documented Payment and Timely Claim Submission

Oct 14, 2025

MOST VIEWED

Dec 9, 2022

Sole Proprietor can be prosecuted under section 138 NI Act, without arraying the proprietorship firm

The Punjab & Haryana High Court held that non-arraying of the proprietorship firm/concern is not an impediment in proceeding against the...

May 24, 2023

Once a sale certificate is issued, the sale cannot be set aside unless on the ground of fraud

The Debts Recovery Appellate Tribunal, Kolkata bench comprising Justice Anil Kumar Srivastava was hearing an appeal filed by the Secured...

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ARTICLES

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Dec 24, 2024

Surety’s Right of Subrogation Under the Insolvency and Bankruptcy Code

Speaking on the nature of ‘right of subrogation’, Lord Justice Sir Samuel Romilly in an elegant and beautiful passage said “a surety be entitled to every remedy, which th...

Dr. C.S. Raghu Raman, LL.M., Ph.D.

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Mar 23, 2024

The Legal Dynamics of Dishonour of Cheques in India: A Detailed Overview

The surge in trade and commerce in India has led to a corresponding increase in the use of cheques, resulting in a rise in cheque bouncing disputes....

REEDLAW

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Apr 2, 2024

Navigating Valuation Challenges in Corporate Insolvency Resolution: A Case Analysis of M/s. Jeypore Sugar Company Limited

Corporate insolvency resolution processes (CIRP) and subsequent liquidation proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) are complex procedures aimed ...

REEDLAW

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Mar 19, 2024

Upholding Financial Rights: A Legal Analysis of Limited Guardianship under the Rights of Persons with Disabilities Act, 2016

The case of Mrs. Mohan V. before the Kerala High Court sheds light on the complex legal issues surrounding the financial protection of individuals with disabilities....

Mrs. Rachna Gupta, Advocate

LATEST CASE LAWS

Supreme Court

High Court

NCLAT

The appeal was brought by the Appellant, a financial institution, seeking expeditious adjudication of its grievance regarding the delayed disposal of a securitisation application by the Debts Recovery Tribunal (DRT), Dehradun, under Section 17(1) of the SARFAESI Act. The Petitioner had previously approached the High Court, which declined to issue an express direction but granted liberty to rely on the relevant statutory provision before the DRT itself. Despite this, there was no advancement in the proceedings before the DRT.

Upon appeal, the Court observed that Section 17(5) of...

Indian Overseas Bank v. Radhey Infra Solutions Private Limited and Others

October 7, 2025

REEDLAW 2025 SC 10201

The Appellants had approached the High Court by way of a writ appeal under Section 5(i) of the Kerala High Court Act, 1958, challenging the judgment dated 31 July 2025 passed by the learned Single Judge in a writ petition filed by the Respondent. The Respondent had availed a business loan of Rs. 16,00,000 from the Financial Creditor by depositing title deeds of property as security. Upon default, proceedings were initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), and possession of the secured a...

Kerala Bank and Another v. Jishith Kumar

September 23, 2025

REEDLAW 2025 Ker 09221

The Appellant, acting as the Financial Creditor, had challenged the rejection of applications under Section 95 of the Insolvency and Bankruptcy Code, 2016, by the Tribunal related to two personal guarantors of the Corporate Debtor. The Tribunal had dismissed the applications on the sole ground that there was no due service of demand notice on the personal guarantors as required under Section 95(4)(b) and Rule 7(1) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019. Th...

State Bank of India Through Resolution Professional Shri Chillale Rajesh v. Dr. Jitendra Das Maganti and Another

October 24, 2025

REEDLAW 2025 NCLAT Chn 10544

DRAT

The Appellate Tribunal examined two connected appeals under Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, arising from a common order of the Debts Recovery Tribunal (DRT), Jabalpur. The dispute stemmed from loan facilities extended to a partnership firm, for which properties of the partners had been mortgaged. Following loan default, the account was classified as a non-performing asset and the Financial Creditor initiated measures under Section 13 of the SARFAESI Act. Demand and possession notices were iss...

Central Bank of India v. Smt. Shrikanta Porwal and Others

September 10, 2025

REEDLAW 2025 DRAT Ald 09206

LATEST CIRCULARS & NOTIFICATIONS

Insolvency and Bankruptcy Board of India

No. IBBI/PR/2025/13

May 29, 2025

Press Release

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA

F. No. IBBI/2025-26/GN/REG127

May 26, 2025

Notification

Insolvency and Bankruptcy Board of India

Circular No. IBBI/CIRP/85/2025

May 26, 2025

Circular

Insolvency and Bankruptcy Board of India

No. IBBI/PR/2025/09

April 7, 2025

Press Release

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