The High Court quashed an unreasoned order passed by the DRT, emphasised the necessity of judicial application of mind, and urged the...

Various key initiatives taken by the Department highlighted at the colloquium, such as the adoption of revised DRT Regulations, mandatory...

The NCLAT upheld the supremacy of the Committee of Creditors and struck down the NCLT’s judicial overreach in modifying a duly approved...

The Supreme Court held that secured creditors have no priority over properties attached under the MPID Act and reaffirmed that its powers...

The Supreme Court has affirmed that the encashment of a bank guarantee does not constitute payment of duty and has clarified the...

NCLAT affirmed that the financial creditor’s oversight and involvement in the project through the Project Monitoring Committee does not...

NCLAT held that uninvoked corporate guarantees cannot form the basis of an admissible claim under the CIRP, affirming that only debts...

The NCLAT upheld the Indian Bank’s right to initiate insolvency proceedings under Section 7 of the IBC, despite the fact that a majority...

The NCLAT upheld the validity of granting the Right of First Refusal to the anchor bidder under the Swiss Challenge Mechanism in the...

The NCLAT invalidated the initiation of the Corporate Insolvency Resolution Process (CIRP) due to non-compliance with the Debenture Trust...