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Establishment of Regional NCLAT Bench in Allahabad—PIL filed in Allahabad High Court
The Allahabad High Court on Wednesday issued notice on a PIL filed by Company Law Tribunal Bar Association (CLTBA) Allahabad, seeking...
Feb 14, 20212 min read


Chanda Kochhar the former ICICI Bank CEO granted bail by Special PMLA Court in money laundering case
The Prevention of Money Laundering Act (PMLA) Special Court, Mumbai has granted bail to the former ICICI Bank Managing Director and CEO...
Feb 13, 20211 min read


Creditor will be secured creditor and not 'Financial Creditor' by taking security of pledged shares
Supreme Court held on Wednesday that "a Creditor will be secured creditor, but not 'Financial Creditor' under the Insolvency and...
Feb 4, 20212 min read


IBBI organises a webinar on Determination of Avoidance Transactions under the IBC
The Insolvency and Bankruptcy Board of India (IBBI) in association with the British High Commission Organises a Webinar On “Determination...
Feb 4, 20211 min read


Legislative intent of issuance of Demand Notice is not a mere formality but a mandatory provision
Demand Notices sent u/s 8 of the Code to the registered address, and functional address of the Corporate Debtor met with the remarks...
Feb 3, 20212 min read


Privatisation of public sector banks starts, PNB and BOB first ones to be sold
Finance Minister Nirmala Sitharaman announced on Monday that the government will divest its stake in two PSBs, apart from one general...
Feb 3, 20212 min read


Collusive commercial arrangements between Creditors and CD wouldn't constitute a 'financial debt'—SC
The Supreme Court has held on Monday, that the commercial arrangements between creditors and Corporate Debtor were collusive in nature,...
Feb 3, 20213 min read


Application for the Initiation of insolvency resolution process against a personal guarantor
Rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors...
Feb 2, 20211 min read


Memorandum to the Finance Bill 2021
The Finance Minister, Smt. Nirmala Sitharaman has presented the Union Budget 2021-22 in the Parliament. The Finance Minister thoroughly...
Feb 1, 20211 min read


Sovereign Gold Bond Scheme 2020-21 Series XI will be open for subscription from 1 to 5 February 2021
The Sovereign Gold Bond Scheme 2020-21 - Series XI will be open for subscription for the period from 1 February 2021 to 5 February 2021....
Jan 30, 20211 min read
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