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23 hours ago4 min read
NCLAT: Extension Beyond 90 Days for E-Auction Payment is Impermissible, Emphasizing Strict Adherence to Liquidation Timelines
NCLAT held that an extension beyond 90 days for e-auction payment is impermissible, emphasizing the need for strict adherence to...

1 day ago3 min read
Cheque Bounce Proceedings Against Director Unsustainable as Cause of Action Arose Post-Moratorium Under IBC
Supreme Court ruled that cheque bounce proceedings against the director are unsustainable as the cause of action arose after the...


2 days ago1 min read
IBBI Mandates Enhanced Disclosure of Carry Forward Losses in Information Memorandum
The Insolvency and Bankruptcy Board of India (IBBI) , through its Circular No. IBBI/CIRP/83/2025 , has directed all Insolvency...

2 days ago1 min read
IBBI and World Bank Conduct Workshop on Enterprise Group and Cross-Border Insolvency
The Insolvency and Bankruptcy Board of India (IBBI) , in collaboration with the World Bank , organized a Workshop on Enterprise Group...

2 days ago1 min read
Workshop on Insolvency of Micro, Small, and Medium Enterprises (MSMEs)
The Insolvency and Bankruptcy Board of India (IBBI) and the World Bank jointly organized a Workshop on Insolvency of MSMEs  on March 11,...


2 days ago4 min read
Resolution Plan Submitted After Deadline Cannot Be Entertained, Adjudicating Authority Cannot Direct CoC to Accept It
NCLAT held that a resolution plan submitted after the deadline cannot be entertained and the Adjudicating Authority cannot direct the CoC...


3 days ago3 min read
Form B Notice Under Rule 7(1) Does Not Extend Limitation for Section 95 Application – NCLAT Dismisses Time-Barred Appeal
NCLAT held that a Form B notice issued under Rule 7(1) does not extend the limitation period for filing a Section 95 application and...

Mar 124 min read
High Court Cannot Interfere in CIRP Under Article 226 When Statutory Remedies Exist – Supreme Court Reiterates IBC as a Complete Code
The Supreme Court reiterated that the High Court cannot interfere in the Corporate Insolvency Resolution Process (CIRP) under Article 226...


Mar 123 min read
Statutory Dues Under the Electricity Act Prevail Over the IBC’s Clean Slate Principle: NCLAT Upholds Liability for Fuel Surcharge and Special Fuel Surcharge
NCLAT upheld the liability for Fuel Surcharge and Special Fuel Surcharge, ruling that statutory dues under the Electricity Act prevailed...


Mar 113 min read
Delay in Challenging Auction and Issuance of Sale Certificate Renders Appeal Futile: NCLAT Upholds Validity of Liquidation Process
NCLAT upheld the validity of the liquidation process as the delay in challenging the auction and the issuance of the sale certificate...
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