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LATEST NEWS

NCLAT Rejects Conditional Withdrawal of Appeal by GBJ Hotels Following Supreme Court’s Confirmation of Property Sale to GRT Hotels

Jun 11, 2025

NCLAT Chennai Dismisses Byju’s Appeal Against NCLT’s Interim Order in Aakash Shareholding Dispute

Jun 11, 2025

Loan Settled, Yet Gold Revalued and Auctioned — Supreme Court Restores FIR Alleging Fraud by Bank Officials

Jun 11, 2025

High Court Recalls Direction to Pay Interest on Auction Deposit Upon Disclosure of Suppressed Facts; Holds Remedy Lies Before DRT

Jun 10, 2025

NCLAT Sets Aside Adverse Observations Against Resolution Professional Misattributed from CoC Member’s Submissions

Jun 10, 2025

NCLAT Sets Aside NCLT Order and Restores Section 95 IBC Application Applying Supreme Court’s COVID-19 Limitation Exclusion

Jun 9, 2025

Supreme Court Affirms Compliance of Resolution Plan with IBC – Declines Interference in Approved Judgment

Jun 9, 2025

NCLAT Sets Aside NCLT Order, Grants 90-Day Extension for CIRP Completion Citing Changed Circumstances and CoC Reconstitution

Jun 9, 2025

NCLAT Holds Adjudicating Authority Lacks Jurisdiction Over Customs Liability Disputes Under IBC Framework

Jun 9, 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

Leave had been granted in the present matter where the appellant, Abhishek Singh, challenged the judgment and order dated 12th November 2024 passed by the High Court of Judicature at Patna in Criminal Misc. No. 67884 of 2023. By that order, the High Court had allowed the respondents' application under Section 482 of the Cr.P.C. and quashed the FIR dated 7th September 2023 registered as Mithanpura P.S. Case No. 393 of 2023 under Sections 420, 406 and 34 of the IPC.

The appellant, a businessman, had availed of a gold loan by pledging 254 grams of 22 carat gold, amounting to ₹7,70...

Abhishek Singh v. Ajay Kumar and Others

June 5, 2025

REEDLAW 2025 SC 06001

In this writ petition, the Bombay High Court considered the challenge raised by the Maharashtra Industrial Development Corporation (MIDC) against the judgment dated 18/01/2011 passed by the Debts Recovery Appellate Tribunal (DRAT), Mumbai in Miscellaneous Appeal No. 25 of 2009. The dispute pertained to the mortgage and subsequent auction of a leasehold industrial plot originally allotted by MIDC to M/s. Benelon Industries (BI), which was later mortgaged to Union Bank of India (UBI) without obtaining prior consent of the MIDC, as required under Clause 2(t) of the lease deed. Afte...

Maharashtra Industrial Development Corporation v. Union Bank of India and Others

May 26, 2025

REEDLAW 2025 Bom 05205

The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, comprising Justice Sharad Kumar Sharma (Judicial Member) and Mr. Jatindranath Swain (Technical Member), considered a Company Appeal challenging the impugned order dated 11.08.2023 passed by the National Company Law Tribunal (NCLT), Chennai Bench. The impugned order had dismissed two interlocutory applications filed under Section 60(5) and Section 33(3) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016, with a cost of ₹1,00,000. The NCLT had made adverse observations regarding ...

Sriharan Sripathmanathan, represented by his Power of Attorney Mr. E. Sivanandam and Another v. Malabar Hotels Private Limited and Others

June 10, 2025

REEDLAW 2025 NCLAT Chn 06510

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/2025/13

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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