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.

15th Jun, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (MAY 16, 2023 – MAY 31, 2023)

  • Corporate Restructuring & Insolvency

15th Jun, 2023

It is mandatory on the part of Resolution Professional to issue Notice of CoC Meetings to all Operational Creditors in terms of Section 24(3)(c) of the IBC

  • Corporate Restructuring & Insolvency

06th Jun, 2023

NCLAT: 90 days’ time limit for payment of sale consideration in a liquidation auction, is mandatory and non-extendable

  • Corporate Restructuring & Insolvency,
  • Disputes

06th Jun, 2023

Non-payment of a part of the debt when it becomes due and payable will amount to default on the part of the Corporate Debtor and will attract an order u/s 7 of IBC

  • Corporate Restructuring & Insolvency,
  • Disputes

02nd Jun, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (MAY 1, 2023 – MAY 15, 2023)

  • Corporate Restructuring & Insolvency

18th May, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (APRIL 16, 2023 – APRIL 30, 2023)

  • Corporate Restructuring & Insolvency

20th Apr, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (April 1, 2023 – April 15, 2023)

  • Corporate Restructuring & Insolvency

06th Apr, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (March 16, 2023 - March 31, 2023)

  • Corporate Restructuring & Insolvency

17th Mar, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (March 1, 2023 - March 15, 2023)

  • Corporate Restructuring & Insolvency

03rd Mar, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (February 15, 2023 - February 28, 2023)

  • Corporate Restructuring & Insolvency

21st Feb, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (February 1, 2023 to February 14, 2023)

  • Corporate Restructuring & Insolvency

21st Feb, 2023

NCLAT: Corporate debtor is not precluded from raising the issue of pre-existing dispute despite failure to respond to a demand notice under section 8 IBC

  • Corporate Restructuring & Insolvency



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