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NCLAT Delhi: The initiation of CIRP itself has been found to be tainted and faulty
The NCLAT Delhi held that the initiation of CIRP itself has been found to be tainted and faulty and set aside the admission order under...
Jan 12, 20234 min read


Removal of a Resolution Professional by the Adjudicating Authority cannot be challenged: NCLAT Delhi
The NCLAT New Delhi held that the Removal of a Resolution Professional by the Adjudicating Authority cannot be challenged. The National...
Jan 10, 20232 min read


IBBI finalises the panel of Insolvency Professionals for the period of January 1 to June 30, 2023
Insolvency and Bankruptcy Board of India (IBBI) finalised the Panel of Insolvency Professionals (IPs) for the period from January 1, 2023...
Jan 10, 20231 min read


IBBI announces provisional list of Insolvency Professionals for appointment as IRP, RP & Liquidator
Insolvency and Bankruptcy Board of India (IBBI) announced the provisional list of Insolvency Professionals prepared in accordance with...
Jan 10, 20231 min read


Sec 9 IBC Application to be allowed to continue as it would yield proper insolvency resolution of CD
The NCLAT New Delhi held that the Section 9 IBC Application to be allowed to continue as it would yield proper insolvency resolution of...
Jan 5, 20234 min read


NCLAT set aside the order of NCLT and directed AA to pass an order of admission of Sec 9 Application
Citation: REED 2022 NCLAT Del 12574 The NCLAT New Delhi Bench set aside the order of NCLT and directed AA to pass an order of admission...
Dec 23, 20224 min read


A person cannot be found guilty of offence u/s 138 NI Act, merely being a signatory to the cheque
Delhi High Court held that A person cannot be found guilty of offence u/s 138 NI Act, merely being a signatory to the cheque. The Single...
Dec 23, 20223 min read


IBBI provides "Proforma for Reporting the Liquidator’s Decision different from the Advice of SCC
Sub-regulation (1) of regulation 31A of the IBBI (Liquidation Process) Regulations, 2016 (Liquidation Regulations) provides that the...
Dec 22, 20221 min read


No injunction can be granted by any civil court in respect of any action taken u/s 430 Companies Act
Calcutta High Court held that no injunction can be granted by any civil court in respect of any action taken under section 430 Companies...
Dec 21, 20222 min read


Govt to amend Insolvency & Bankruptcy Code, 2016 to reduce the time taken for the resolution process
The Central Government is looking to amend the insolvency law in order to reduce the time taken for or completion of the resolution...
Dec 20, 20222 min read
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