top of page

LATEST NEWS

SC declined to reconsider its ruling, asserting that one Bench cannot critique another's decision

Nov 4, 2023

NCLAT rejects the Appellant's claim in line with a recent SC ruling, adhering to regulatory timeline

Nov 3, 2023

Irrevocable and unconditional Bank Guarantees can be Invoked during the Moratorium under the IBC

Oct 20, 2023

NCLAT Bench Violate a Supreme Court Ruling? Supreme Court Orders Chairperson to Investigate

Oct 14, 2023

The limitation for filing appeals under IBC starts from the date when the court pronounces the order

Oct 14, 2023

Claims & disputes should be raised promptly in commercial transactions to avoid complications: NCLAT

Oct 12, 2023

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

Sep 30, 2023

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

Sep 25, 2023

The Mediation Act 2023 receives the assent of the President

Sep 22, 2023

MOST VIEWED

Feb 3, 2021

Privatisation of public sector banks starts, PNB and BOB first ones to be sold

Finance Minister Nirmala Sitharaman announced on Monday that the government will divest its stake in two PSBs, apart from one general...

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...

Switch to a different Module

ARTICLES

Blank Profile Photo.png

Nov 19, 2021

Effect of Moratorium on Arbitration Proceedings

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

REEDLAW

Blank Profile Photo.png

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

Blank Profile Photo.png

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

Blank Profile Photo.png

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

LATEST CASE LAWS

Supreme Court

High Court

NCLAT

The Supreme Court refused to review its judgment, stating that a co-ordinate Bench cannot comment on another's decision, and no error was apparent on the face of the record in the impugned judgment.

In this case, a batch of five Review Petitions sought to review a common Judgment and Order dated 06.09.2022 passed by the Supreme Court in two Civil Appeals (No. 1661 of 2020 and No. 2568 of 2020) filed by the State Tax Officer-appellant.

Civil Appeal No. 1661 of 2020 was filed by the State Tax Officer against Rainbow Papers Limited (Corporate Debtor) due to a dispute over the pri...

Sanjay Kumar Agarwal v. State Tax Officer (1) and Another

October 31, 2023

REED 2023 SC 10595

The High Court upheld the rejection of an Insolvency Professional application, affirming the discretionary power of the Board to assess fitness based on past conduct and integrity, in accordance with the Insolvency and Bankruptcy Code regulations.

The petitioner challenged the rejection of their application as an Insolvency Professional by the Board, stemming from past allegations of violating securities market regulations. This included engaging in fraudulent trading practices leading to a penalty and subsequent legal proceedings, where the Supreme Court upheld the penalty. Th...

Pooja Menghani v. Insolvency and Bankruptcy Board of India

November 20, 2023

REED 2023 Del 11541

The NCLAT upheld the rejection of the Appellant's Resolution Plan due to their non-compliance with the Bank Guarantee requirement stipulated in the RFRP, finding no illegality in the CoC's decision and dismissing the appeal as moot after the plan had been implemented and funds distributed.

The National Company Law Appellate Tribunal (NCLAT) reviewed an appeal against the National Company Law Tribunal's (NCLT) order approving a Resolution Plan submitted by a Successful Resolution Applicant. The Appellant had also submitted a plan, but it was not considered because they failed to...

Rakesh Ranjan v. Fanendra Harakchand Munot and Another

December 4, 2023

REED 2023 NCLAT Del 12501

DRAT

The appellant's claim for protection against possession by the respondent-Financial Institution was dismissed as the sale deed clearly transferred ownership to respondents 2 and 3, and the appellant's remedies for redressal were available through civil and criminal actions.

In the present case, the Debts Recovery Appellate Tribunal (DRAT) issued an order in response to Appeal No. 120/2023. The appeal arose from an impugned order dated 28.03.5023 passed by the Presiding Officer, DRT-I, Delhi. The impugned order dealt with a securitization application filed by the appellant, chal...

Sameer Khullar v. Cholamandalam Investment and Finance Company Limited

June 30, 2023

REED 2023 DRAT Del 06251

LATEST CIRCULARS & NOTIFICATIONS

Ministry of Law and Justice (Legislative Department)

Act No. 32 of 2023

September 15, 2023

Gazette of the Act

Ministry of Corporate Affairs

File No. 09/01/2023-NCLT/85605/Secy

August 17, 2023

Notification

Insolvency and Bankruptcy Board of India

IBBI Guidelines 2023 Dt. 12-6-2023

June 12, 2023

Guidelines

Ministry of Corporate Affairs

Notification No. S.O. 2660(E).

June 14, 2023

Notification

Bank CLR

2021 Subscription

India's Leading Monthly Journal For Banking Lawyers & Practitioners

Since 1985

Bank CLR Journal Cover.png

Latest News at your
fingertips!

Access latest updates on REEDLAW Newsstand on Google Newsstand App.

PicsArt_06-05-07.49.16.png

REEDNewsstand App

IBC REPORTER

2021 Subscription

India's Leading Monthly Journal For Insolvency Law Practitioners

IBC Reporter Front Cover Final.jpg

Get Published on REEDLAW!

Contribute your well-researched original articles and get them published on REEDLAW.

REEDArticles

Article2.png

DRT REPORTER

2021 Subscription

India's Leading Monthly Journal For Bankruptcy Lawyers

DRT Reporter Final Cover.jpg
Directory_edited.png

Are you a
Legal Practioner?


Upload your listing on India's largest database of Legal Practitioners and Insolvency Lawyers.

REEDDirectory

Subscribe to Our Newsletter

Thanks for submitting!

bottom of page