Updates



Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.

Corporate Restructuring & Insolvency

12th Aug, 2022

Supreme Court holds that an agreement to pay a time barred debt can form the basis of an IBC petition

  • Corporate Restructuring & Insolvency

09th Aug, 2022

Supreme Court: Admissibility of an application by operational creditor in case of pre-existing dispute in relation to debt

  • Corporate Restructuring & Insolvency

02nd Aug, 2022

Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2022

  • Corporate Restructuring & Insolvency

20th Jul, 2022

NCLAT: Interest can be clubbed with the principal component of the debt to meet the threshold limit for filing an insolvency application under Section 9 of the IBC

  • Corporate Restructuring & Insolvency

18th Jul, 2022

Supreme Court: NCLT has discretionary power to reject an application under Section 7(5)(a) of the IBC even if the corporate debtor is in default

  • Banking & Finance,
  • Corporate Restructuring & Insolvency

23rd Jun, 2022

IBC - Key recommendations and summary of discussion by the Insolvency Law Committee in its 5th Report

  • Corporate Restructuring & Insolvency

20th Jun, 2022

Amendment to IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

  • Corporate Restructuring & Insolvency

15th Jun, 2022

Proceedings under SARFAESI cannot continue after the initiation of CIRP under IBC

  • Corporate Restructuring & Insolvency,
  • Disputes

11th Apr, 2022

Bombay High Court - Special Courts with Sessions Judges not empowered to try offences under IBC

  • Corporate Restructuring & Insolvency,
  • Disputes

05th Oct, 2021

Whether an application for initiating insolvency resolution process against a personal guarantor is maintainable when an application for initiating CIRP against the corporate debtor is pending

  • Corporate Restructuring & Insolvency,
  • Disputes

13th Sep, 2021

Supreme Court decides whether interest free loans qualify as 'financial debt' under IBC

  • Corporate Restructuring & Insolvency,
  • Disputes

04th Jun, 2021

Banks as Financial Creditors cannot appropriate any amount towards their dues from Corporate Debtors during the moratorium period

  • Corporate Restructuring & Insolvency,
  • Disputes



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