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Supreme Court Rules on Priority of Charges and Enforceability of Equitable Mortgages Under the Transfer of Property Act, 1882
The Supreme Court Clarified the Priority of Charges and the Enforceability of Equitable Mortgages Under the Transfer of Property Act,...
Feb 22, 20256 min read


High Court Cannot Interdict Personal Insolvency Proceedings at a Premature Stage, Must Allow Statutory Process Under IBC to Take Its Course
The High Court erred in interdicting personal insolvency proceedings at a premature stage and failed to allow the statutory process under...
Feb 21, 20254 min read


NCLAT Sets Aside NCLT Order for Prematurely Accepting Resolution Professional’s Report Without Considering Extension Request
The NCLAT set aside the NCLT’s order for prematurely accepting the Resolution Professional’s report without first considering the...
Feb 21, 20252 min read


NCLAT Rejects Riju Raveendran’s Plea to Exclude ₹158 Crore BCCI Settlement from CoC Oversight
The NCLAT rejected Riju Raveendran’s plea to exclude the ₹158 crore BCCI settlement from CoC oversight. On February 19, 2025, the...
Feb 21, 20252 min read


NCLAT Upholds Rejection of Belated Claim and Interest, Affirms Finality of Liquidator’s Decision Under Section 42 of IBC
NCLAT upheld the rejection of the belated claim and interest, affirming the finality of the Liquidator’s decision under Section 42 of the...
Feb 20, 20254 min read


Supreme Court Upholds Validity of Section 101 IBC, Addresses Concern Over Post-Moratorium Creditor Actions in Individual Insolvency
The Supreme Court upheld the validity of Section 101 of the IBC and addressed concerns over post-moratorium creditor actions in...
Feb 20, 20253 min read


Extension of EoI and Resolution Plan Submission Timelines with CoC Approval Does Not Require Fresh Form G and Cannot Be Challenged Post-Participation
NCLAT held that the extension of EoI and Resolution Plan submission timelines with CoC approval does not require a fresh Form G and...
Feb 19, 20254 min read


Byju's committee of creditors votes to Replace Resolution Professional Following NCLT’s Scrutiny
The National Company Law Tribunal (NCLT) has taken a decisive step in the ongoing insolvency proceedings against Byju’s parent company,...
Feb 19, 20252 min read


Approval of a Resolution Plan Does Not Discharge Personal Guarantors' Liability, Reaffirms NCLAT
NCLAT reaffirmed that the approval of a Resolution Plan does not discharge the liability of personal guarantors. The National Company Law...
Feb 19, 20253 min read


Bankrupt Individual Cannot Seek Own Discharge Under Section 138(1) of IBC
NCLT ruled that a bankrupt individual cannot seek their own discharge under Section 138(1) of IBC. The NCLT New Delhi Bench, comprising...
Feb 18, 20253 min read
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