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LATEST NEWS

Restructuring Conduct Binds Debenture Trustee: NCLAT Rejects Section 7 Plea Amid Affirmed Moratorium

Apr 19, 2025

NCLAT Clarifies Timing of Withdrawal Application Under Section 12A: Filing Date Determines Applicability of CoC Approval

Apr 18, 2025

Section 9 Petition Dismissed: No Interest Without Agreement – Claim Below Threshold After Exclusion of 10A Period

Apr 17, 2025

Electricity Dues in Liquidation: No Recovery from Auction Purchaser Beyond IBC Waterfall Mechanism

Apr 17, 2025

NCLAT Cannot Declare Registered Sale Deed as Non-binding in Absence of Title Transfer through Registered Conveyance or Suit for Specific Performance

Apr 17, 2025

Immovable Property Cannot Form Part of Resolution Plan Without Registered Ownership Transfer – Agreement to Sell Does Not Confer Title

Apr 16, 2025

Suppression of Allottee Data Amounts to Fraud—Recall under Rule 11 to Prevent Miscarriage of Justice Upheld

Apr 13, 2025

Authorised Representative of Homebuyers Cannot Be Replaced by Inherent Powers of the Adjudicating Authority—Statutory Mechanism under Regulation 16A(3A) Must Be Followed

Apr 12, 2025

Exclusion of Interim Restraint Period from Resolution Plan Timeline Justified Due to Hindrance in Fund Generation by the Successful Resolution Applicant

Apr 12, 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

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

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 Supreme Court, while dismissing the appeals, examined the correctness of the NCLAT’s decision dated 18.01.2024, wherein the applications seeking condonation of delay in filing the appeals were rejected, leading to the dismissal of the appeals themselves. The underlying appeals before the NCLAT challenged two orders of the NCLT dated 20.07.2023: one rejecting the appellant’s application under Section 60(5) read with Section 35(1)(n) of the IBC for placing his Resolution Plan before the Committee of Creditors and staying voting results; and the other allowing the Resolution Pr...

A Rajendra v. Gonugunta Madhusudhan Rao and Others

April 4, 2025

REEDLAW 2025 SC 04505

The Letters Patent Appeal was filed by the appellant assailing the judgment dated 27.08.2024 passed by the learned Single Judge in W.P.(C) 15588/2023, whereby the writ petition challenging the suspension of his registration as an Insolvency Professional by the Disciplinary Committee (DC) of the Insolvency and Bankruptcy Board of India (IBBI) was dismissed. The appellant, who had been registered with IBBI since 02.06.2017, was appointed as Interim Resolution Professional (IRP) and later as Resolution Professional (RP) in the CIRP of GTHS Retails Pvt. Ltd., which ended in liquidat...

Sandeep Kumar Bhatt v. Insolvency and Bankruptcy Board of India and Others

April 3, 2025

REEDLAW 2025 Del 04528

The National Company Law Appellate Tribunal (NCLAT), in its judgment concerning Company Appeals (AT) (Insolvency) Nos. 89 and 130 of 2025 dismissed the challenges brought by Riju Ravindran and the Board of Control for Cricket in India (BCCI) against the NCLT Bengaluru’s order dated 10.02.2025. These appeals arose from the dismissal of a withdrawal application filed by the Resolution Professional (RP), Mr. Pankaj Srivastava, under Section 12A of the Insolvency and Bankruptcy Code (IBC) read with Regulation 30A, in relation to the Corporate Insolvency Resolution Process (CIRP) ini...

Riju Ravindran, Suspended Director & Promoter of Think and Learn Pvt. Ltd. v. Pankaj Srivastava, IRP of Think and Learn Pvt. Ltd. & 3 Others

April 17, 2025

REEDLAW 2025 NCLAT Del 04561

DRAT

The Debts Recovery Appellate Tribunal (DRAT) considered an appeal filed by Vijaya Bank against the judgment and order dated July 3, 2018, passed by the Debts Recovery Tribunal-I (DRT-I), Hyderabad, in S.A. No. 13 of 2007. The case stemmed from a dispute over actions taken by the bank under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), following the classification of a loan account as a Non-Performing Asset (NPA). The Respondents, including Waheeda Sultana as the Applicant in the S.A., challenged the measu...

Bank of Baroda, Asset Recovery Management Branch v. Waheeda Sultana and Others

January 13, 2025

REEDLAW 2025 DRAT Kol 01210

LATEST CIRCULARS & NOTIFICATIONS

Insolvency and Bankruptcy Board of India

No. IBBI/PR/2025/09

April 7, 2025

Press Release

Insolvency and Bankruptcy Board of India

No. IBBI/LIQ/84/2025

March 28, 2025

Circular

Insolvency and Bankruptcy Board of India

No. IBBI/CIRP/83/2025

March 17, 2025

Circular

MINISTRY OF CORPORATE AFFAIRS

No. 30/2/2024-Insolvency

February 12, 2025

Notification

Bank CLR

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