High Court noted that the civil court's jurisdiction remains when the Debts Recovery Tribunal cannot effectively address remedy. The...

High Court affirmed the IBBI's decision to suspend the Insolvency Professional's registration for appointing a related firm for excessive...

NCLAT observed that the dismissal of the Restoration Application was erroneous as It was based on merit evaluation rather than assessing...

Supreme Court held that the directors cannot be held vicariously liable without specific allegations of their responsibility for the...

High Court held that the Court Can Use Article 227 Jurisdiction for Clear Failures by the DRT. The Kerala High Court Single-Judge Bench...

On July 26, 2024, the Supreme Court of India issued a contempt notice to the Vishakhapatnam Bar Association for its role in obstructing...

On May 19, 2023, the Reserve Bank of India (RBI) announced the phased withdrawal of ₹2000 denomination banknotes from circulation. The...

On July 24, 2024, the Insolvency and Bankruptcy Board of India (IBBI) conducted a significant workshop in Mumbai, focusing on the...

NCLAT upholds forfeiture of INR 10 crores for the Appellant’s non-compliance with the resolution plan. The National Company Law Appellate...

NCLAT held that the security deposit claims do not qualify for operational creditor status under the Insolvency and Bankruptcy Code. The...