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Arbitration in Loan Disputes: Limited Jurisdiction of Courts and Fraud Allegations Do Not Bar Reference Unless Arbitration Clause Is Vitiated
The High Court held that arbitration in loan disputes is not barred by fraud allegations or the limited jurisdiction of courts unless the...
Jun 23 min read
NCLAT Holds CoC Can Extend Timeline for EoIs and Resolution Plans Without Fresh Form-G, Affirms Commercial Wisdom in Approving Resolution Plan
The NCLAT held that the Committee of Creditors (CoC) is empowered to extend the timeline for submission of Expressions of Interest (EoIs)...
Jun 23 min read
Supreme Court Grants Interim Relief to Kalyani Transco, Stays NCLT Action Pending Review
The Supreme Court granted interim relief to Kalyani Transco and stayed the proceedings before the NCLT pending the filing and disposal of...
Jun 23 min read
Insolvency and Bankruptcy Code’s Transformational Impact: IIM Bangalore Study Reveals Stronger Credit Discipline, Lower Debt Costs, and Improved Corporate Governance
A recent research study titled Behavioural Impact of the Insolvency and Bankruptcy Code (IBC) Â conducted by the Indian Institute of...
Jun 22 min read
NCLAT Holds Refundable Fund Infusion as Financial Debt Under IBC Even Without Interest, Where Transaction Reflects Time Value of Money
The NCLAT held that a refundable fund infusion qualifies as financial debt under the IBC, even without interest, where the transaction...
Jun 13 min read
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