top of page
Search


Supreme Court Stays NCLAT Ruling Closing Insolvency Proceedings Against Byju's; Directs BCCI to Deposit ₹158 Crores in an Escrow Account
Supreme Court stayed the NCLAT ruling closing insolvency proceedings against Byju's and directed BCCI to deposit ₹158 crores in an Escrow...
Aug 19, 20243 min read


RBI imposes monetary penalties on Bank of Maharashtra, Hinduja Leyland Finance Ltd and Poonawalla Fincorp Ltd for Regulatory Non-Compliance
The Reserve Bank of India (RBI) imposed monetary penalties on the following three financial institutions for Regulatory Non-Compliance:...
Aug 18, 20242 min read


IBBI Amends Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 to Strengthen Default Record Management and Verification Processes
IBBI Amended the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 to Strengthen Default Record...
Aug 18, 20242 min read


NCLAT Upholds Insolvency Proceedings Despite Forgery Claims and Misleading Affidavits; Imposes Cost of Rs. 1,00,000
NCLAT upheld insolvency proceedings despite forgery claims and misleading affidavits and imposed a Cost of Rs. 1,00,000. The National...
Aug 17, 20243 min read


Enforceability of Pre-existing and Subsequent Corporate Guarantees: Novation Claims and NCLAT Analysis
NCLAT analyse the enforceability of pre-existing and subsequent corporate guarantees and novation claims. The National Company Law...
Aug 17, 20243 min read


NCLAT Approves Byju's Settlement with BCCI, Confirms Rule 11 of NCLT Rules Application for Pre-CoC Settlement and Fund Verification
NCLAT approved Byju's settlement with BCCI and confirmed Rule 11 of NCLT Rules, 2016 Application for Pre-CoC settlement and fund...
Aug 16, 20243 min read


High Court Finds Delays by TransUnion CIBIL Ltd in Updating Borrowers' Credit Ratings Constitute a Breach of Their Fundamental Rights Under Article 21
High Court found Delays by TransUnion CIBIL Ltd. in updating borrowers' credit ratings constitute a breach of their fundamental rights...
Aug 16, 20243 min read


Exploring the Role of Insolvency Professionals: Second Annual Research Workshop on Insolvency and Bankruptcy
The Second Annual Research Workshop will be held on 1st & 2nd March 2025 at the Indian Institute of Management Ahmedabad (IIMA),...
Aug 14, 20242 min read


Effect of IBC Moratorium on SARFAESI Act Proceedings: Clarifying Jurisdictional Overlap
NCLAT upheld the NCLT’s decision, affirming that the EoI issued by Respondent No.1 did not contravene Section 14(1)(d) of the IBC. The...
Aug 14, 20243 min read


Supreme Court Sets Aside High Court Order, Affirms Mandatory Compliance with MSME Restructuring Framework Before NPA Classification
Supreme Court set aside the High Court order and affirmed mandatory compliance with the MSME restructuring framework before NPA...
Aug 14, 20243 min read
bottom of page