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Dec 24, 2025
Asset-Wise Resolution Plans Under IBC: How Multiple Bids Could Reshape CIRP and Value Maximisation
India’s insolvency regime may be poised for a structural shift as proposed amendments to the IBC contemplate asset-wise and business-unit resolution plans. This analysis ...
Mrs. Rachna Gupta, Advocate
Nov 19, 2025
IBBI Issues New Directive to Strengthen Section 29A Due Diligence: Resolution Professionals Now Required to Place Mandatory Eligibility Note Before CoC
In a significant regulatory intervention aimed at reinforcing the transparency and integrity of India’s insolvency resolution ecosystem, the Insolvency and Bankruptcy Boa...
Mrs. Rachna Gupta, Advocate
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
LATEST CASE LAWS
Supreme Court
High Court
NCLAT
The Supreme Court considered the validity of an order passed by the High Court rejecting a writ petition at the threshold after sustaining office objections raised by the Registry. The appellants, being borrowers under the SARFAESI Act, had approached the High Court alleging fraudulent and collusive conduct by a court-appointed commissioner during possession proceedings initiated under Section 14 of the Act. The Registry raised objections concerning the prayer clause, the claiming of multiple reliefs in a single prayer, joinder of parties, and procedural compliance, which were a...
Mukund Maheswar and Another v. Axis Bank Limited and Others, REEDLAW 2026 SC 01254
January 23, 2026
REEDLAW 2026 SC 01254
The Appeal had challenged the dismissal of the writ petition and review petition whereby the disciplinary order suspending the Appellant’s registration as an Insolvency Professional for a period of two years was upheld. The Court noted that the Respondent had exercised powers under Section 220(2) of the Insolvency and Bankruptcy Code, 2016 after finding multiple violations of statutory duties and the Code of Conduct, including failure to conduct due diligence in verifying eligibility of a Joint Resolution Applicant, suppression of material facts from the Committee of Creditors, ...
Vivek Raheja v. Insolvency and Bankruptcy Board of India
January 9, 2026
REEDLAW 2026 Del 01543
The Appeal had been filed under Section 61 of the Insolvency and Bankruptcy Code, 2016, challenging the dismissal of an interlocutory application by which the Appellant, a Secured Financial Creditor who had either abstained from voting or dissented from the Resolution Plan, sought parity in distribution of the resolution value with other assenting Secured Financial Creditors. The Appellant contended that discrimination in payment solely on the basis of voting behaviour was impermissible and contrary to Section 30(2)(b)(ii) read with Explanation I of the Code, which mandated fair...
Bank of Maharashtra v. Vandana Garg and Others
January 9, 2026
REEDLAW 2026 NCLAT Del 01529
DRAT
The Appellant Bank had granted a housing loan to the borrowers, which was secured by creation of a mortgage over the subject property. The borrowers subsequently transferred the mortgaged property to a third party purchaser during the subsistence of the mortgage. Upon default in repayment, the loan account was classified as a non-performing asset, following which statutory measures under the SARFAESI Act were initiated, including issuance of demand notice and taking of symbolic and physical possession.
The purchaser challenged the enforcement proceedings before the Tribunal, co...
Authorized Officer, IDBI Bank Limited v. Sunita Devi and Others, REEDLAW 2026 DRAT Ald 01259
