The Supreme Court held that transfer of insolvency proceedings cannot be granted merely on allegations against tribunal members, reaffirming institutional independence and limits on supervisory interference.

The Supreme Court held that insolvency proceedings cannot be transferred merely on speculative allegations against tribunal members, reaffirming judicial discipline and institutional independence.

The NCLAT held that a resolution plan approved without complete disclosure and valuation of all assets, including development rights and third-party secured interests, suffers from material irregularity in the conduct of the CIRP and cannot be sustained merely on the basis of Committee of Creditors’ approval.

The NCLAT held that a resolution plan approved without complete disclosure and valuation of all assets, including development rights and third-party secured interests, suffers from material irregularity in the conduct of the CIRP and cannot be sustained merely on the basis of Committee of Creditors’ approval.

The Economic Survey 2025–26 flags serious concerns over delays at the NCLT, warning that mounting insolvency backlogs are diluting the effectiveness of the Insolvency and Bankruptcy Code.

The Supreme Court clarified that a joint Section 7 application by real estate allottees is maintainable when the statutory threshold is satisfied at the time of valid filing and default is established due to non-delivery of lawful possession.

The Supreme Court clarified that a joint Section 7 application by real estate allottees is maintainable when the statutory threshold is satisfied at the time of valid filing and default is established due to non-delivery of lawful possession.

The Delhi High Court restrained coercive attachment action by the Enforcement Directorate during CIRP without court permission, holding that such action may undermine the insolvency resolution process.

The Delhi High Court restrained coercive attachment action by the Enforcement Directorate during CIRP without court permission, holding that such action may undermine the insolvency resolution process.

The NCLAT affirmed that financial default is triggered on expiry of contractual cure periods, and Section 10A protection does not cover defaults prior to 25 March 2020, upholding the NCLT’s CIRP admission.