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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 examined the legality of action initiated by the Financial Creditor under the SARFAESI Act against the Corporate Debtor for recovery of dues arising out of a loan transaction entered into in the year 2001 for setting up a cold storage unit in the State of Nagaland. It was noted that the loan was disbursed pursuant to a loan agreement supported by ancillary arrangements, including an agreement with the Village Council and a deed of guarantee, devised in view of the constitutional and statutory restrictions on transfer of land by tribals in Nagaland. The Corporat...
North Eastern Development Finance Corporation Limited (NEDFI) v. L. Doulo Builders and Suppliers Company Private Limited
December 16, 2025
REEDLAW 2025 SC 12208
The Court considered a writ petition filed by a successful auction purchaser seeking physical possession of a secured immovable asset under the SARFAESI Act, 2002, despite the commencement of an interim moratorium under Section 96 of the Insolvency and Bankruptcy Code, 2016. The Bank, as a secured creditor, had conducted an auction after issuing a sale notice under Rule 8(6) of the SARFAESI Rules and had confirmed the sale in favour of the Petitioner upon receipt of part consideration. Subsequently, the Borrower filed an application for initiation of personal insolvency, which t...
Arrow Business Development Consultants Private Limited v. Union Bank of India and Others
December 10, 2025
REEDLAW 2025 Bom 12205
The Appellate Tribunal considered an appeal filed by the Personal Guarantor challenging the order of the Adjudicating Authority, which had permitted amendment of a pending application under Section 95 of the Insolvency and Bankruptcy Code by allowing a change of the date of default. The Financial Creditor had extended credit facilities to the Corporate Debtor, supported by a guarantee executed by the Appellant. Upon default, the account was classified as NPA and proceedings under the SARFAESI Act were initiated. While the Financial Creditor initially relied upon a demand notice ...
Saranga A. Aggarwal Through Power of Attorney Gokul Anil A. Aggarwal v. State Bank of India Stressed Assets Resolution Group and Another
December 19, 2025
REEDLAW 2025 NCLAT Del 12602
DRAT
The Appellant filed an appeal under Section 20 of the Recovery of Debts and Bankruptcy Act, 1993, challenging the judgment dated 07.12.2019 by the Debts Recovery Tribunal, which had allowed the Original Application filed by the Respondent-Bank for recovery of dues arising from a cash credit facility of Rs. 25 lakhs granted to the borrowers. The loan was secured by hypothecation of stock and book debts, and the Appellant, along with the borrowers, had been shown as guarantors. Upon the borrowers’ failure to maintain financial discipline, the loan account was classified as NPA, le...
Sharvan Kumar Shukla v. Bank of Baroda and Others
