Aug 25, 20212 minDue to a backlog of bankruptcy cases, India is no longer a viable option for dying businessesThere are 27 tribunals are being overseen by 29 judges around the country, which are at least 25 judges short of what is required. Many...
Jun 24, 20213 minSC 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...
Jun 24, 20219 minInitiation of Corporate Insolvency Resolution Process (CIRP) under IBC – A step by step guideThe Insolvency and Bankruptcy Code, 2016 is an attempt to reform the Corporate Insolvency Resolution Process by allowing faster...
Jun 23, 20214 minThe resolution process may be jeopardised if new claims pop-upThe matter of Harish Polymer Product v. George Samuel and Another, REED 2021 NCLAT Del 06564, was heard in the National Company Law...
Jun 21, 20218 minMoratorium under IBC: Its effect on parallel proceedingsThe moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC) means a period wherein no judicial proceedings for recovery,...
Jun 20, 20211 minREEDLAW IBC Newsletter | 14 - 20 June 2021IBC Newsletter is an initiative by REEDLAW to provide the latest weekly updates on Insolvency, Bankruptcy and Banking laws to its readers.