bankruptcy

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SC lays down tests to determine if a debt is financial debt or operational under IBC

Supreme Court lays down tests to determine whether a debt is a financial debt or an operational debt under IBC…

12 hours ago
  • bankruptcy

Special Court presided by a Sessions /Addl. Sessions Judge have jurisdiction under IBC 2016

Special Court presided by a Sessions Judge or an Additional Sessions Judge will have jurisdiction to try the complaint under…

1 week ago
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Provisions of moratorium under IBC 2016 not to apply under Cape Town Convention & Protocol

Provisions of moratorium under IBC 2016  not to apply to transactions, arrangements or agreements relating to aircraft, aircraft engines, airframes…

7 months ago
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Moratorium u/s 14 of IBC – Exclusion of arrangements/agreements

Moratorium under IBC for prohibiting activities not to apply where corporate debtor has entered into specified transactions, arrangements or agreements…

11 months ago
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Challenged to IBC by a CA refused by Supreme Court for want of locus and bonafide.

Challenged to IBC by a Chartered Accountant refused by Supreme Court for want of locus and bonafide. ABCAUS Case Law…

1 year ago
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Definition of secured creditor in IBC does not exclude Government or Govt. Authority – SC

Definition of secured creditor in IBC does not exclude Government or Governmental Authority – Supreme Court ABCAUS Case Law CitationABCAUS…

2 years ago
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Insolvency Laws – Amendment in various regulations 

Insolvency Laws - Amendment in various regulations  15th June, 2022  IBBI (Inspection and Investigation) (Amendment) Regulations, 2022 15th June, 2022…

2 years ago
  • bankruptcy

NCLAT or NCLT cannot sit in an appeal over the commercial wisdom of CoC– Supreme Court 

NCLAT or NCLT cannot sit in an appeal over the commercial wisdom of Committee of Creditors – Supreme Court  ABCAUS…

2 years ago
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If part amount of auctioned property received by bank after CIRP started, sale incomplete – SC  

Since part amount of the auctioned property was received by bank after start of CIRP, and order of moratorium, the…

2 years ago
  • bankruptcy

IBBI prescribes guidelines for preservation of records by Insolvency Professional

IBBI prescribes guidelines for preservation of records by Insolvency Professional. Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for…

2 years ago