Current filters:  
India
Insolvency
India
Alaya Legal
The Insolvency and Bankruptcy Code, 2016 (‘Insolvency Code'), is umbrella legislation which primarily aims at a resolution of distressed entities in a timely manner.
Parinam Law Associates
The Insolvency and Bankruptcy Code, 2016 ("IBC") has been a landmark legislation for systematic corporate debt restructuring in India.
S&A Law Offices
Over the years, the Indian Economy has seen a rapid increase in the number of high-profile insolvency cases.
Parinam Law Associates
Proceedings against personal guarantors find their origin in Section 128 of the Contract Act, 1872 which deals with the co-extensive liability of a surety. It has long been considered that a surety's liability...
Parinam Law Associates
In a move to accord relief to Licensors with outstanding license fee payments, the National Company Law Appellate Tribunal ("NCLAT") vide order dated 7 th July 2022 ("Order") ...
Link Legal
The Insolvency and Bankruptcy Code, 2016 (‘IBC') enables financial creditors and operational creditors of a corporate debtor to initiate the corporate insolvency resolution process (‘CIRP')...
ZBA
The Supreme Court (mostly speaking through Justice (retd.) Nariman) in a series of rulings starting from Innoventive Industries set the jurisprudence for the NCLTs to decide applications filed by financial creditors (FCs) under the Insolvency and Bankruptcy Code, 2016 ("IBC").
LexCounsel Law Offices
PTO Circuits (India) Limited (‘CD') had approached ICICI Bank Limited (‘FC') for various credit facilities and availed non-fund based working capital facilities of ...
HSA Advocates
The Insolvency Law Committee published its report on May 20, 2022 and has recommended the following amendments...
Parinam Law Associates
In a recent judgment passed on 27th June 2022 in the case of Orbit Towers Pvt. Ltd. v. Sampurna Suppliers Pvt. Ltd., (hereinafter the "Case"), ...
S&A Law Offices
Filing of the list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
Karanjawala & Company
Mounting Non-Performing Assets ("NPAs") in India lead the Committee on Banking Sector Reforms (Narasimham Committee-II) to recommend the creation of a new class of companies called Asset Reconstruction Companies ("ARCs")...
Khaitan & Co LLP
On 05 July 2022, a Full Bench of the National Company Law Appellate Tribunal (NCLAT) in Jaipur Trade Expocentre Private Limited v. M/s Metro Jet Airways Training Private Limited, Company Appeal (AT) (Insolvency) No. 423 of 2021.
VGC Law Firm
In Vidarbha Industries Power Limited v. Axis Bank Limited, the Supreme Court, inter alia, held that Section 7(5)(a) of the Insolvency and Bankruptcy Code confers discretionary power on the Adjudicating Authority to admit an application of a financial creditor.
Tuli & Co
The Supreme Court has refused to interfere with the judgment of a Division Bench of the High Court of Tripura, where the High Court had held that a decree holder falls under the class...
ZBA
In the recent case of Toshiaki AIBA vs. Vipan Kumar Sharma and Anr.1, the Delhi High Court has fostered user confidence in India as a jurisdiction that enforces foreign bankruptcy / insolvency orders in...
Phoenix Legal
In a recent full bench judgement, the National Company Law Appellate Tribunal (NCLAT) overturned two of its previous judgements to clarify that claim of a licensor for payment of licence...
Phoenix Legal
In recent times, several noteworthy judgments have been rendered by the Indian courts in matters relating to the law of insolvency in India.
Khaitan & Co LLP
The Insolvency and Bankruptcy Board of India (the Board) vide its circular no. IBBI/2022-23/GN/REG084 dated 14 June 2022, in exercise of the powers conferred under clause...
LexCounsel Law Offices
The petition has been filed under Section 9 of the IBC by Ahluwalia Contracts (India) Ltd. ('OC') for initiating the Corporate Insolvency Resolution Process against Logix Infratech Pvt. Ltd. ('CD').
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.
Popular Contributors
Upcoming Events
Mondaq Social Media