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    Borrower has remedy u/s 17 SARFAESI Act to file an appeal against action taken by secured creditor
    • Jul 5, 2021
    • 2 min

    Borrower has remedy u/s 17 SARFAESI Act to file an appeal against action taken by secured creditor

    A Division Bench of the Gauhati High Court Chief Justice Sudhanshu Dhulia and Manash Ranjan Pathak, J. in the case of Kakoti Engineering...
    SC upholds Centre’s Notification enforcing IBC provisions to the insolvency of personal guarantors
    • Jun 24, 2021
    • 3 min

    SC upholds Centre’s Notification enforcing IBC provisions to the insolvency of personal guarantors

    A Division Bench of the Hon’ble Supreme Court comprising Justices L. Nageswara Rao and S. Ravindra Bhat in Lalit Kumar Jain v. Union of...
    Initiation of Corporate Insolvency Resolution Process (CIRP) under IBC – A step by step guide
    • Jun 24, 2021
    • 9 min

    Initiation of Corporate Insolvency Resolution Process (CIRP) under IBC – A step by step guide

    The Insolvency and Bankruptcy Code, 2016 is an attempt to reform the Corporate Insolvency Resolution Process by allowing faster...
    The resolution process may be jeopardised if new claims pop-up
    • Jun 23, 2021
    • 4 min

    The resolution process may be jeopardised if new claims pop-up

    The matter of Harish Polymer Product v. George Samuel and Another, REED 2021 NCLAT Del 06564, was heard in the National Company Law...
    Moratorium under IBC: Its effect on parallel proceedings
    • Jun 21, 2021
    • 8 min

    Moratorium under IBC: Its effect on parallel proceedings

    The moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC) means a period wherein no judicial proceedings for recovery,...
    NCLT Mumbai raises doubt over the confidentiality of liquidation value of Videocon group companies
    • Jun 18, 2021
    • 4 min

    NCLT Mumbai raises doubt over the confidentiality of liquidation value of Videocon group companies

    A two-member bench of the National Company Law Tribunal, Mumbai (NCLT) comprising members H. P. Chaturvedi, Judicial Member and Ravikumar...
    Ineligibility under section 29A of IBC attaches at a time when the Resolution Plan is submitted
    • Jun 16, 2021
    • 3 min

    Ineligibility under section 29A of IBC attaches at a time when the Resolution Plan is submitted

    The Bench of Hon’ble National Company Law Appellate Tribunal, New Delhi comprising officiating Chairperson Justice A.I.S. Cheema and the...
    Cryptocurrency: An Investment - Unstable, but Rewarding?
    • Jun 15, 2021
    • 5 min

    Cryptocurrency: An Investment - Unstable, but Rewarding?

    With the industrialization and increased use of technology, digital currencies are gaining an upper hand in comparison to the others. An...
    PNB to remit amount back to Corporate Debtor as the same debited to settle liability qua facilities
    • Jun 15, 2021
    • 2 min

    PNB to remit amount back to Corporate Debtor as the same debited to settle liability qua facilities

    The Hon’ble National Company Law Appellate Tribunal (NCLAT), New Delhi in a matter, upheld the order of the National Company Law Tribunal...
    SC rules Moratorium u/s 14 of IBC covers proceedings initiated against corporate debtor u/s NI Act
    • Jun 14, 2021
    • 4 min

    SC rules Moratorium u/s 14 of IBC covers proceedings initiated against corporate debtor u/s NI Act

    A Full Bench of the Hon’ble Supreme Court comprising Justices R.F. Nariman, Navin Sinha, and K.M. Joseph, held that proceeding under...
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