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SC upholds Petition u/s 7 or 9 of IBC maintainable during pendency of winding-up proceeding
A Division Bench of the Hon’ble Supreme Court comprising of Justices Rohinton Fali Nariman and B. R. Gavai in A. Navinchandra Steels...
May 26, 20213 min read
Supreme Court strikes down RBI Circular of revised framework for resolution of stressed assets
A Division Bench of the Hon’ble Supreme Court comprising Justices R.F. Nariman and Vineet Saran in the matter of Dharani Sugars and...
May 25, 20216 min read
Person ineligible u/s 29A IBC to submit resolution plan cannot compromise u/s 230 of Companies Act
A Division Bench of the Hon’ble Supreme Court comprising of Justices Dr. Dhananjaya Y. Chandrachud and M. R. Shah in the case of Arun...
May 24, 20214 min read
Supreme Court upholds, PPA cannot be terminated during CIRP under section 14 of IBC
A Division Bench of the Hon’ble Supreme Court comprising of Justices Dr. Dhananjaya Y. Chandrachud and M.R. Shah in the matter titled...
May 22, 20215 min read
NCLT and NCLAT cannot interfere in the commercial wisdom of CoC except for limited grounds u/s 30-31
A Full Bench of the Hon’ble Supreme Court comprising of Justices A.M. Khanwilkar, B.R. Gavai and Krishna Murari in the case titled...
May 21, 20215 min read
No scope for renegotiations of resolution plan pursuant to its approval by CoC under I & B Code: SC
A Division bench of the Hon’ble Supreme Court comprising of Justices Dr. Dhananjaya Y. Chandrachud and M. R. Shah in the case of...
May 19, 20212 min read
Third-party pledgees are not financial creditors under IBC: Supreme Court
A full bench of the Hon’ble Supreme Court comprising of Justices Ashok Bhushan, R. Subhash Reddy and M. R. Shah in the case of Phoenix...
May 18, 20214 min read
Applicability of section 10A of Insolvency and Bankruptcy Code: Prospective or Retrospective?
A Division Bench of the Supreme Court comprising of justices Dr. Dhananjaya Y. Chandrachud and M. R. Shah in the case of Ramesh Kymal v....
May 17, 20213 min read
Crown debts do not take precedence over secured creditors
Calcutta High Court, a Single Judge Bench of the comprising of Justice Sabyasachi Bhattacharya in the case of Kolkata Municipal...
May 15, 20214 min read
SC upholds constitutional validity of sections 3, 4 and 10 of IBC (Amendment) Act, 2020
A three judge Bench of the Hon’ble Supreme Court comprising of Justices Rohington F. Nariman, Navin Sinha and K.M. Joseph in the case of...
May 14, 202115 min read
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