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14 hours ago3 min read
Form B Notice Under Rule 7(1) Does Not Extend Limitation for Section 95 Application – NCLAT Dismisses Time-Barred Appeal
NCLAT held that a Form B notice issued under Rule 7(1) does not extend the limitation period for filing a Section 95 application and...
5 days ago3 min read
Cheque Dishonour Complaint Maintainable at Payee’s Bank Location; Accused’s Convenience Not a Ground for Transfer: Supreme Court
The Supreme Court had ruled that a cheque dishonour complaint is maintainable at the payee’s bank location and that the accused cannot...
6 days ago4 min read
High Court Cannot Interfere in CIRP Under Article 226 When Statutory Remedies Exist – Supreme Court Reiterates IBC as a Complete Code
The Supreme Court reiterated that the High Court cannot interfere in the Corporate Insolvency Resolution Process (CIRP) under Article 226...
6 days ago3 min read
Statutory Dues Under the Electricity Act Prevail Over the IBC’s Clean Slate Principle: NCLAT Upholds Liability for Fuel Surcharge and Special Fuel Surcharge
NCLAT upheld the liability for Fuel Surcharge and Special Fuel Surcharge, ruling that statutory dues under the Electricity Act prevailed...
7 days ago3 min read
Delay in Challenging Auction and Issuance of Sale Certificate Renders Appeal Futile: NCLAT Upholds Validity of Liquidation Process
NCLAT upheld the validity of the liquidation process as the delay in challenging the auction and the issuance of the sale certificate...
7 days ago3 min read
Limitation Period for Appeals Cannot Be Extended by Subsequent Modification Orders: NCLAT and Supreme Court Uphold Dismissal
The NCLAT and the Supreme Court upheld the dismissal, ruling that the limitation period for appeals could not be extended by subsequent...
Mar 103 min read
Supreme Court Allows Special Court to Proceed with Restitution Application Despite Pending Appeal Under PMLA
The Supreme Court allowed the Special Court to proceed with the restitution application despite the pending appeal under the PMLA. On...
Mar 94 min read
CIRP Extensions Beyond 330 Days Justified and Non-Disclosure of Valuation Report to Operational Creditor Held Non-Prejudicial
NCLAT held that CIRP extensions beyond 330 days were justified and that the non-disclosure of the valuation report to the Operational...
Mar 73 min read
Pre-Existing Dispute Evidenced Through Prior Communications Bars Initiation of CIRP Under Section 9 of the IBC
NCLAT held that a pre-existing dispute evidenced through prior communications barred the initiation of CIRP under Section 9 of the IBC....
Mar 71 min read
IBBI Celebrates International Women’s Day 2025 with Inspiring Deliberations
The Insolvency and Bankruptcy Board of India (IBBI) commemorated International Women’s Day 2025  through a virtual event on March 06,...
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