The NCLAT upheld the disqualification under Section 29A(c) of the IBC, rejecting MSME status as a valid defence. The National Company Law...

NCLAT permitted the dissolution of a corporate debtor without liquidation due to futility and lack of assets. The National Company Law...

NCLT held that the existence of a pre-existing bona fide dispute regarding the invoices precluded the initiation of a CIRP. The National...

NCLT emphasized the enforceability of personal guarantees and the procedural framework for initiating insolvency proceedings against...

Supreme Court Clarified Prior CCI Approval Requirement for IBC Resolution Plans Involving Combinations. The Supreme Court Bench...

NCLT held that claims during liquidation had to be substantiated with specific and concrete evidence rather than being speculative,...

NCLAT upheld the discretion of the Adjudicating Authority regarding the maintainability of proceedings and granting time for a reply...

NCLAT upheld the discretion of the Adjudicating Authority in appointing a Resolution Professional under Section 95 of the Insolvency and...

The NCLAT ruled on the admission of CIRP, addressing the extension of limitation, eligibility of unregistered partnerships, and...

The Supreme Court held that the DRT could not restore possession of the secured asset to a person who was neither the borrower nor the...