Every effort to be made to revive the Corporate Debtor, liquidation should be the last resort: NCLAT
REEDNews
Latest News on the Banking, Insolvency and Bankruptcy laws




- Feb 16
- 1 min
IBBI announces final panel of Insolvency Professionals for the period of 1 January to 30 June 2023


- Feb 10
- 2 min
NCLAT New Delhi dismisses the appeal filed by the IBBI as it is misconceived and not maintainable


- Feb 1
- 3 min
Section 9 Application cannot be accepted if the dispute raised by the CD is not a moonshine dispute

- Feb 1
- 2 min
National Company Law Tribunal prescribes Dress Code for the Court's members and practitioners


- Feb 1
- 2 min
Any letter by the CD mentioning dues of loan amount has to be treated as an acknowledgement of dues


- Jan 24
- 2 min
There should be a cadre of insolvency professionals so that they are accountable to a body


- Jan 20
- 2 min
Insolvency and Bankruptcy Board of India organises an Insolvency Professionals Conclave in Chennai


- Jan 19
- 3 min
An approved scheme of merger has statutory force and binding on all stakeholders including creditors


- Jan 13
- 2 min
Discretion is vested with the Adjudicating Authority to admit or not admit the section 7 Application


- Jan 12
- 4 min
NCLAT Delhi: The initiation of CIRP itself has been found to be tainted and faulty


- Jan 10
- 2 min
Removal of a Resolution Professional by the Adjudicating Authority cannot be challenged: NCLAT Delhi


- Jan 10
- 1 min
IBBI finalises the panel of Insolvency Professionals for the period of January 1 to June 30, 2023


- Jan 10
- 1 min
IBBI announces provisional list of Insolvency Professionals for appointment as IRP, RP & Liquidator


- Jan 5
- 4 min
Sec 9 IBC Application to be allowed to continue as it would yield proper insolvency resolution of CD


- Dec 23, 2022
- 4 min
NCLAT set aside the order of NCLT and directed AA to pass an order of admission of Sec 9 Application


- Dec 22, 2022
- 1 min
IBBI provides "Proforma for Reporting the Liquidator’s Decision different from the Advice of SCC


- Dec 21, 2022
- 2 min
No injunction can be granted by any civil court in respect of any action taken u/s 430 Companies Act

- Dec 20, 2022
- 2 min
Govt to amend Insolvency & Bankruptcy Code, 2016 to reduce the time taken for the resolution process


- Dec 20, 2022
- 7 min
Petitioner meets sufficient compliance with Section 21 of Arbitration and Conciliation Act: Delhi HC


- Dec 18, 2022
- 2 min
e-filing of documents would duly be taken into consideration for the purpose of limitation: Delhi HC


- Dec 16, 2022
- 2 min
NCLAT Delhi: Allegations of fraud and forgery are very easy to make but very difficult to prove


- Dec 15, 2022
- 2 min
Kiren Rijiju the Union Law Minister reiterated in Parliament over judges appointments


- Dec 15, 2022
- 1 min
Insolvency Professional to act as IRPs, Liquidators, RPs & BTs (Recommendation) IInd Guidelines 2022

- Dec 14, 2022
- 2 min
HC order to the DRT-"Not to pass any adverse orders in any of the cases" is unsustainable: SC


- Dec 12, 2022
- 3 min
Appellant has failed to establish that CD owed an amount to the Appellant and it defaulted: NCLAT


- Dec 11, 2022
- 2 min
Resolution Applicant cannot seek further extension of time to submit resolution plan: NCLAT Delhi


- Dec 10, 2022
- 4 min
If the whole business of the CD is to defraud, then the ingredients of section 66 IBC are fulfilled