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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 the judgment by which the Appellate Tribunal had set aside the order of the Adjudicating Authority and directed admission of a Section 7 application, thereby commencing the Corporate Insolvency Resolution Process against the Corporate Debtor. The dispute arose from financial facilities availed by the Corporate Debtor for the development of a real estate project, which were subsequently assigned to the Financial Creditor. Upon persistent default in repayment and failure of restructuring and settlement arrangements, the Financial Creditor...
Elegna Co-Op. Housing and Commercial Society Limited v. Edelweiss Asset Reconstruction Company Limited and Another
January 15, 2026
REEDLAW 2026 SC 01537
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 Appeal had been filed under Section 61 of the Insolvency and Bankruptcy Code, 2016, challenging the dismissal of an interlocutory application by which the Appellant, a Secured Financial Creditor who had either abstained from voting or dissented from the Resolution Plan, sought parity in distribution of the resolution value with other assenting Secured Financial Creditors. The Appellant contended that discrimination in payment solely on the basis of voting behaviour was impermissible and contrary to Section 30(2)(b)(ii) read with Explanation I of the Code, which mandated fair...
Bank of Maharashtra v. Vandana Garg and Others
January 9, 2026
REEDLAW 2026 NCLAT Del 01529
DRAT
An appeal was preferred against the order by which the Tribunal below had dismissed the securitisation application and upheld the auction sale conducted by the Financial Creditor under the SARFAESI Act. It was an admitted position that financial assistance had been availed by the borrower, and the Appellant had stood as guarantor by creating an equitable mortgage over the secured property. The account was classified as NPA, and proceedings under Sections 13(2) and 13(4) of the SARFAESI Act were initiated, culminating in the issuance of an auction sale notice and the sale of the ...
Renu Singh, v. Authorized Officer, Union Bank of India and Another
