top of page
Search
Service benefits such as Gratuity, LTC, and EL Encashment do not constitute operational debts under the Insolvency and Bankruptcy Code, 2016
NCLAT held that Service benefits such as Gratuity, LTC, and EL Encashment do not constitute operational debts under the Insolvency and...
Jul 24, 20242 min read
Dissenting creditors and homebuyers cannot have their claims compared due to the differing nature of their claims and the agreed-upon terms
NCLAT observed that the dissenting creditors and homebuyers cannot have their claims compared due to the differing nature of their claims...
Jul 23, 20243 min read
IBBI in association with NLUO and NeSL Organizing a Two-day Conference on Finance, Economics, Banking, and Insolvency Laws
The Insolvency and Bankruptcy Board of India (IBBI), in association with the National Law University, Odisha (NLUO) and National...
Jul 23, 20242 min read
NCLAT Affirms Resolution Professional's Compliance with Legal Obligations and Rejects Personal Liability for Payments made to APT
NCLAT Affirms Resolution Professional's compliance with legal obligations and rejects personal liability for payments made to the Asset...
Jul 23, 20242 min read
Supreme Court: Dishonouring cheques is now a regulatory offence, and courts should encourage the compounding of offences under the NI Act
Supreme Court observed that dishonouring cheques is now a regulatory offence, and courts should encourage compounding of offences. The...
Jul 22, 20244 min read
Resolution Plan is remitted back to the CoC for resubmission in accordance with parameters established by the Supreme Court in REEDLAW 2024 SC 02527
NCLAT held that the Resolution Plan may be revised as per the parameters established by the Supreme Court in REEDLAW 2024 SC 02527. The...
Jul 21, 20243 min read
NCLT Recognizes BCCI's Status as an Operational Creditor Under IBC, Upholding Marketing Rights as Operational Debt Even After the Agreement Ends
NCLT recognizes BCCI's status as an Operational Creditor under IBC, upholding marketing rights as operational debt even after the...
Jul 18, 20243 min read
Byju's Crisis Deepens: NCLT Admits BCCI Plea Over ₹158 Crore Default
Byju's, the prominent edutech firm founded by Byju Raveendran in 2011 and valued at $22 billion in 2022, faces a significant challenge as...
Jul 17, 20242 min read
IBBI Chairperson Calls for Enhanced Creditor Recovery Strategies to Boost Economic Impact
In the bustling financial hub of Mumbai, a significant call for enhanced recovery measures was made by the Chairperson of the Insolvency...
Jul 16, 20242 min read
The Appellant does Not Qualify as an Operational Creditor under the IBC due to the Absence of Proof of debt as per the Contractual Terms agreed upon
NCLAT held that the appellant does not qualify as an operational creditor under the IBC due to the absence of proof of debt as per the...
Jul 13, 20242 min read
bottom of page