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LATEST NEWS

Pre-Deposit Above Auction Price Without Written Justification Held Illegal Under Section 18 SARFAESI

Nov 18, 2025

IBBI Proposes Mandatory Minimum Shareholding for Directors and Partners in Insolvency Professional Entities to Strengthen Governance

Nov 18, 2025

CRPS Are Share Capital, Not Financial Debt: Supreme Court Bars Section 7 IBC Initiation

Nov 17, 2025

Supreme Court Transfers Pending IBC Appeal to NCLAT Principal Bench Amid Allegations of Attempted Judicial Influence

Nov 17, 2025

NCLAT Affirms Statutory Tax Charge as Secured Interest under GVAT, Upholding Priority Distribution under IBC

Nov 16, 2025

IBBI Proposes Comprehensive Reform of Valuation Framework to Strengthen Transparency and Standardisation under the IBC

Nov 14, 2025

Restoration of Cancelled Lease Vital for Corporate Debtor’s Resolution; NCLT Exclusive Jurisdiction Affirmed under IBC

Nov 14, 2025

Possession Disputes During Liquidation Fall Within NCLT’s Exclusive Jurisdiction: High Court Dismisses Writ as Non-Maintainable

Nov 13, 2025

Consumer Proceedings Initiated During IBC Moratorium Held Void: Bombay High Court Quashes Orders Passed Against Corporate Debtor

Nov 13, 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 writ petition had been filed under Article 32 of the Constitution seeking directions for registration of a criminal case based on disclosures made by a Judicial Member of the Appellate Tribunal in an order dated 13.08.2025 concerning an alleged attempt to influence the adjudication of a pending Company Appeal. The Petitioner, an Operational Creditor of the Corporate Debtor, had initiated proceedings under Section 9 of the Insolvency and Bankruptcy Code before the Adjudicating Authority, which had admitted the insolvency application and commenced the Corporate Insolvency Reso...

A.S. Met Corp Private Limited v. Registrar and Others

November 14, 2025

REEDLAW 2025 SC 11533

The Petitioner, a real estate company undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, had approached the High Court challenging the cancellation of its lease deed by the development authority and the dismissal of its revision petition by the State Government. The Petitioner sought quashing of the cancellation order, recalculation of dues as per the lease terms and Government policy, and restoration of the plot in question, which formed a crucial asset in the pending resolution process before the Adjudicating Authority.

I...

Bulland Realtors Private Limited v. State of U.P. and 4 Others

October 30, 2025

REEDLAW 2025 All 10586

The appeal had been filed under Section 61 of the Insolvency and Bankruptcy Code, 2016, challenging the order dated 22.02.2024 by the Adjudicating Authority, which directed the Resolution Professional to release ₹1,31,19,769.08 to the State Tax Department after treating it as a secured creditor under Section 48 of the GVAT Act. The Appellant, being the sole Financial Creditor and sole member of the Committee of Creditors, asserted that the Adjudicating Authority had exceeded its jurisdiction by modifying the distribution mechanism of a Resolution Plan that had already been appro...

Cosmos Co. OP. Bank Limited v. Kailash T. Shah and Others

November 13, 2025

REEDLAW 2025 NCLAT Del 11524

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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