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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
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 examined an appeal challenging the ex parte judgment of the Bombay High Court at Goa, which had acquitted the Respondent-Accused under Section 138 of the Negotiable Instruments Act, 1881 and reversed the concurrent findings of the Trial Court and the Sessions Court. The Appellant had alleged that the dishonoured cheque had been issued by the Respondent towards repayment of a legally enforceable debt. The Trial Court and the Sessions Court had both convicted the Respondent, holding that the cheque was issued in discharge of a friendly loan advanced by the Appell...
Sanjabij Tari v. Kishore S. Borcar and Another
September 25, 2025
REEDLAW 2025 SC 09012
The Delhi High Court delivered a detailed judgment dismissing a writ petition that challenged disciplinary action taken by the Insolvency and Bankruptcy Board of India (IBBI) against an Insolvency Professional. The Appellant, a registered chartered accountant, had served as Interim Resolution Professional and Resolution Professional of a large corporate debtor and later as its Liquidator after the Committee of Creditors resolved to liquidate the company. He also acted as Resolution Professional for another corporate debtor, during which he admitted substantial claims of financia...
Savan Godiawala v. Insolvency and Bankruptcy Board of India
September 9, 2025
REEDLAW 2025 Del 09557
The National Company Law Appellate Tribunal (NCLAT), examined an appeal filed by the suspended directors of a corporate debtor challenging the order of the adjudicating authority which had declared certain share purchase transactions as fraudulent and directed them to contribute Rs. 28,50,000 to the liquidation estate. The corporate debtor had entered the corporate insolvency resolution process (CIRP) by order dated 25 June 2021, and a resolution professional was appointed and later confirmed as liquidator. A transaction auditor, appointed by the liquidator, reviewed the company...
Nalinesh Kumar Paurush Member of Suspended Board of Directors of CD and Others v. Arvind Mittal Resolution Professional of Temple Leasing and Finance Limited and Another
September 25, 2025
REEDLAW 2025 NCLAT Del 09596
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
