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- Mar 25
- 3 min
Legal Oasis: Bombay High Court affirms Clean Slate Principle in Resolution Plan Approval
Introduction The Hon’ble Bombay High Court (‘BHC’), in its recent judgment in Shirdi Industries Ltd. v. Art Studio[i], addressed an...
- Mar 18
- 3 min
NCLAT Dismisses the Application Filed Under S. 9 of the IBC: Pre-Existing Dispute at the Forefront
NCLAT rules on the importance of resolving disputes before filing under s. 9 of the IBC.
- Mar 14
- 3 min
Supreme Court Reiterates: No Withdrawal is Permitted for Resolution Plans Once Approved by the Committee of Creditors
SC enforces strict adherence to CoC-approved Plans, barring unilateral withdrawals except in cases of fraud.
- Mar 11
- 4 min
Bombay High Court Clarifies the Interplay between IBC and PMLA in Asset Release Post CIRP
Introduction In a landmark ruling, the Hon’ble Bombay High Court (‘HC’) addressed a pivotal issue concerning the interplay between the...
- Feb 29
- 3 min
ITAT Kolkata Affirms IBC's Overriding Effect on Income Tax Proceedings
ITAT rules IBC's moratorium halts all tax proceedings during corporate insolvency processes.
- Feb 19
- 3 min
IBBI Amends 2016 Regulations to Streamline Insolvency Resolution Process
Introduction The Insolvency and Bankruptcy Board of India (‘IBBI’) through Press Release[i], has recently implemented substantial...
- Feb 16
- 5 min
Enhancing Transparency and Efficiency: Key Amendments to Liquidation Process Regulations
Introduction The Insolvency and Bankruptcy Board of India (‘IBBI’) has recently introduced significant amendments through the IBBI...
- Feb 6
- 3 min
Enhancing Voluntary Liquidation Process: Highlights of the IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2024
Introduction The Insolvency and Bankruptcy Board of India (‘IBBI’) has introduced amendments to the 2017 regulations governing voluntary...