top of page
Search
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...
Mar 12, 20254 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...
Mar 12, 20253 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...
Mar 11, 20253 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 11, 20253 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 10, 20253 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 9, 20254 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 7, 20253 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,...
Mar 7, 20251 min read
Interim Moratorium Under Section 96 of IBC Does Not Shield Personal Guarantors from Consumer Protection Penalties
The Supreme Court held that the interim moratorium under Section 96 of the IBC did not shield personal guarantors from penalties imposed...
Mar 7, 20253 min read
Post-Dated Cheques Issued for Security Deposit Amount to a Legally Enforceable Debt; Supreme Court Upholds Conviction and Enhanced Compensation Under Section 138 of NI Act
The Supreme Court upheld the conviction and enhanced compensation under Section 138 of the NI Act, ruling that post-dated cheques issued...
Mar 6, 20254 min read
bottom of page