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.

06th Feb, 2023

IBC - NCLAT FORTNIGHTLY SUMMARY (January 15, 2023 - January 31, 2023)

  • Corporate Restructuring & Insolvency

20th Jan, 2023

Resolution plan cannot extinguish right of the dissenting secured financial creditor to proceed against the personal guarantor of the Corporate Debtor

  • Corporate Restructuring & Insolvency,
  • Disputes

14th Sep, 2022

Circumstances for recall of an order passed by an adjudicating authority under IBC

  • Corporate Restructuring & Insolvency

17th Aug, 2022

Rajasthan HC: Applicability of minimum default threshold in case of joint application under Section 7 of IBC

  • 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

  • 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

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