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Although Non-Adjudicatory, a Chief Judicial Magistrate’s Role Under Section 14 of the SARFAESI Act Mandates Due Application of Mind
The High Court held that although non-adjudicatory, a Chief Judicial Magistrate’s role under Section 14 of the SARFAESI Act mandates due...
Mar 25, 20253 min read
Statutory Claims Stand Extinguished If Not Submitted During CIRP – Supreme Court Reaffirms Binding Nature of Approved Resolution Plan
The Supreme Court reaffirmed that statutory claims stand extinguished if not submitted during the Corporate Insolvency Resolution Process...
Mar 21, 20253 min read
NCLAT: Extension Beyond 90 Days for E-Auction Payment is Impermissible, Emphasizing Strict Adherence to Liquidation Timelines
NCLAT held that an extension beyond 90 days for e-auction payment is impermissible, emphasizing the need for strict adherence to...
Mar 19, 20254 min read
Cheque Bounce Proceedings Against Director Unsustainable as Cause of Action Arose Post-Moratorium Under IBC
Supreme Court ruled that cheque bounce proceedings against the director are unsustainable as the cause of action arose after the...
Mar 19, 20253 min read
IBBI Mandates Enhanced Disclosure of Carry Forward Losses in Information Memorandum
The Insolvency and Bankruptcy Board of India (IBBI) , through its Circular No. IBBI/CIRP/83/2025 , has directed all Insolvency...
Mar 18, 20251 min read
IBBI and World Bank Conduct Workshop on Enterprise Group and Cross-Border Insolvency
The Insolvency and Bankruptcy Board of India (IBBI) , in collaboration with the World Bank , organized a Workshop on Enterprise Group...
Mar 18, 20251 min read
Workshop on Insolvency of Micro, Small, and Medium Enterprises (MSMEs)
The Insolvency and Bankruptcy Board of India (IBBI) and the World Bank jointly organized a Workshop on Insolvency of MSMEs on March 11,...
Mar 18, 20251 min read
Resolution Plan Submitted After Deadline Cannot Be Entertained, Adjudicating Authority Cannot Direct CoC to Accept It
NCLAT held that a resolution plan submitted after the deadline cannot be entertained and the Adjudicating Authority cannot direct the CoC...
Mar 18, 20254 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...
Mar 17, 20253 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...
Mar 13, 20253 min read
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