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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 an appeal challenging the order of the Appellate Tribunal, which had directed admission of a Section 7 application based on a money decree obtained by the respondent. The Appellant contended that the insolvency proceedings were being misused as a recovery mechanism despite the existence of a final decree and pending disputes regarding the computation of the outstanding amount.
The Court noted that although the decree had attained finality, the quantum of debt remained seriously disputed due to inconsistent computation by the respondent across differen...
Anjani Technoplast Limited v. Shubh Gautam, REEDLAW 2026 SC 04617
April 23, 2026
REEDLAW 2026 SC 04617
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 Appellant, an erstwhile promoter, challenged multiple aspects of the insolvency proceedings involving separate CIRPs of a holding company and its subsidiary engaged in foreign oil and gas operations. The core grievance revolved around the exclusion of foreign oil and gas assets from the CIRP of the holding company and the alleged failure to consolidate CIRPs of group entities.
The Tribunal observed that the Insolvency and Bankruptcy Code clearly recognises the separate legal identity of corporate entities and does not permit automatic inclusion of subsidiary assets into the...
State Bank of India v. Venugopal Dhoot, REEDLAW 2026 NCLAT Del 05540
May 14, 2026
REEDLAW 2026 NCLAT Del 05540
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
